TFX to Publish Markit iTraxx Japan Index Price Data
Tokyo, July 27, 2009 - Tokyo Financial Exchange Inc. (TFX) today announced that it will publish Markit iTraxx Japan Index price data on itfs website (http://www.j-cds.com/en/markit_itraxx.html) from July 27, 2009.
TFX has previously contributed to the development of the Japanese credit markets by publishing Credit Default Swap (CDS) Reference Rates on itfs website. By publishing data on the Markit iTraxx Japan Index, TFX hopes to provide a convenient and valuable source of data for the benchmark credit index.
TFX, as a comprehensive financial derivatives exchange, will continue to strive to contribute to the development of the Japanese financial markets.
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About Markit iTraxx Japan Index
Markit iTraxx Japan Index is a credit benchmark index calculated by Markit Group Limited. This index comprises 50 CDS prices of investment-grade rated companies, and it is a focus for CDS market participant with its high liquidity.
About Markit
Markit is a financial information services company with more than 1,200 employees in Europe, North America and Asia-Pacific. Over 1,500 financial institutions use their independent services to manage risk, improve operational efficiency and meet regulatory requirements. For more information, see www.markit.com.