Markit Flexes ABS, Provides CFD Reporting to Saxo

UK-based data vendor Markit has introduced a cash bond index, dubbed Markit iBoxx European ABS Index to its iBoxx family of indexes, which tracks European floating-rate asset backed securities denominated in euros, pounds sterling and US dollars to provide a benchmark for investors to measure their portfolio performance against.

Separately, Markit last week announced that Saxo Bank will begin reporting contracts for difference trades via the vendor’s Markit Boat trade reporting platform in Septe