Markit beginning process of LCDX 14 roll; trading to start April 5

By Sara Rosenberg

New York, March 16 - Markit has begun the process of rolling into the LCDX 14 and trading on the index is expected to begin on April 5, according to a news release.

As of Monday, market makers were invited to submit possible names for addition to the index.

A list of names for removal will be submitted by market makers on March 22.

And, votes on coupons are being asked for on March 31.

© 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.