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Published on 11/5/2007 in the Prospect News Bank Loan Daily.

LCDX 9 index trade volume is over $111 billion in October

By Sara Rosenberg

New York, Nov. 5 - LCDX 9 index saw slightly over $111 billion in trade volume for the month of October, Markit said on its web site based on a desk-by-desk survey.

And, the LCDX 9 tranches saw an estimated $15.5 billion in trade volume.

These October figures include a conservative discounting of the notionals supplied by dealers to ensure inter-dealer trades are not double-counted.


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