Interactive Data to Provide Evaluated Pricing for New Northern Trust Fixed Income Index

New pricing will focus on US credit.

Andrew Hausman, Interactive Data.

This is the first fixed income index to use continuous evaluated pricing, which means that index values will be disseminated on an intraday basis.

When it was launched by Northern Trust in September 2014, index values were calculated using end of day evaluated prices from Interactive Data. Northern Trust’s FlexShares Credit-Scored US Corporate Bond Index Fund (ETF ticker: SKOR) tracks the Credit-Scored US Corporate Bond Index. Since then, Northern Trust has adopted continuous evaluated pricing f