Markit announces changes to CDX North America High Yield index

By Angela McDaniels

Tacoma, Wash., April 1 - Markit Group Ltd. announced additions to and removals from the Markit CDX North America High Yield index, which was scheduled to roll Tuesday.

Chemtura Corp., Constellation Brands, Inc., DirecTV Holdings LLC and Station Casinos, Inc. are being added.

Lyondell Chemical Co., Quebecor World Inc., Tembec Industries Inc. and Williams Cos., Inc. are being removed.

The company said it made the changes based on dealer polls.

Markit provides independent data, portfolio valuations and OTC derivatives trade processing to the financial markets.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.