Loan Credit Default Swap Index
- Loan Credit Default Swap Index
The Loan Credit Default Swap Index (LCDX) is a loan-only credit default swap index created by CDS Index Company (CDSIndexCo) [ [http://www.forbes.com/opinions/2007/08/06/croesus-chronicles-indexes-oped-cz_rl_0807croesus.html Profiting From The Meltdown - Forbes.com ] ] .The LCDX index is a tradeable index with 100 equally-weighted underlying single-name loan-only credit default swaps (LCDS). [ [http://www.isda.org/press/press052207.html ISDA Publishes Documentation for LCDX ] ]
Index creator, CDS Index Company, is a private company owned equally by 16 major financial institutions, among which are [ [http://www.forbes.com/opinions/2007/08/06/croesus-chronicles-indexes-oped-cz_rl_0807croesus.html Profiting From The Meltdown - Forbes.com ] ] :
* JPMorgan
* Goldman Sachs
* Deutsche Bank
* Morgan Stanley
* Barclays Capital
* Bank of America
* BNP Paribas
* Citigroup
* Credit Suisse
* Lehman Brothers
* Merrill Lynch
* [http://www.rbsgc.com RBS Greenwich]
* UBS
* Wachovia
ee also
* Markit Group Limited
* iTraxx
* Credit default swap index
* Credit derivative
* Credit default swap
References
External links
* http://www.markit.com/information/products/lcdx.html Markit LCDX Indices
* http://www.structuredcreditinvestor.com/story.asp?ISS=22105&SID=15882 Structured Credit Investor: LCDX Launches
* http://www.isda.org/press/press052207.html International Swaps and Derivatives Association press release
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