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Published on 9/23/2008 in the Prospect News Investment Grade Daily.

Markit makes changes to CDX Investment Grade High Volatility

By Susanna Moon

Chicago, Sept. 23 - Markit Group Ltd. said it modified the list of companies on the Markit CDX Investment Grade High Volatility index, which is expected to roll on Sept. 29.

Companies to be removed are Brunswick Corp., Fortune Brands, Inc., Kohl's Corp., Liz Claiborne, Inc., MeadWestvaco Corp., Radian Group Inc., Sprint Nextel Corp. and Washington Mutual, Inc.

Companies to be added are American Express Co., American International Group, Inc., ERP Operating LP, General Electric Capital Corp., International Lease Finance Corp., Metlife, Inc., Mohawk Industries, Inc. and Motorola, Inc.

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


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