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CDS IndexCo and Markit Announce Additions to the LCDX North America Index, Which is Expected to Roll on October 3, 2007.


NEW YORK -- CDS IndexCo LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 ("CDS IndexCo"), a consortium of 16 investment banks licensed as market makers in the ABX ABX Antibiotics
ABX Airborne Express
ABX Abstracting
ABX Albury, New South Wales, Australia - Albury (Airport Code)
ABX Automatic Branch Exchange
ABx Non-Antibiotics
ABX Asset Backed Securities Index
ABX Acoustic Bass Extension
, CDX CDX Companion Dog Excellent (AKC Obedience Title)
CDX Cyber-Defense Exercise
CDX Central Data Exchange
CDX Community Development Exchange (UK community development organization)
CDX Commercial Data Exchange
 and CMBX CMBX Commercial Mortgage Backed Securities Index  indices, and Markit Group Limited ("Markit"), the leading provider of independent data, portfolio valuations and OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 derivatives trade processing, today announced which companies will be added to the LCDX North America Index (LCDX.NA), which is set to roll on October 3, 2007. The portfolio selection process was conducted by Markit, the index administrator, with input from the member banks of the CDS IndexCo consortium.

The member banks that are part of the CDS IndexCo consortium include: ABN AMRO, Bank of America
See also:  and


Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world.
, Barclays Capital, Bear Stearns, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC HSBC Hongkong and Shanghai Banking Corporation
HSBC Humane Society of Broward County (Florida)
HSBC Humane Society of Bay County (Bay County, Michigan) 
, JPMorgan, Lehman Brothers, Merrill Lynch, Morgan Stanley, UBS, and Wachovia.

COMPANIES TO BE ADDED TO AND REMOVED FROM THE LCDX NORTH AMERICA INDEX

The following table outlines the companies that will be added to and removed from the LCDX.NA Index. Companies that were removed from the index were announced Tuesday, September 18, 2007, after the close of the market via press release. The changes to the index will be effective as of the roll date.
[TABLE OMITTED]


The index is scheduled to roll every six months in order to rebalance the portfolio as necessary.

To view the underlying constituents of each index, daily prices and spreads, constituent information and documentation for LCDX.NA, please go to www.markit.com.

Note to Editors:

About CDS IndexCo

CDS IndexCo is a consortium of 16 investment banks which are licensed as market makers in the CDX indices. The market makers include: ABN AMRO, Bank of America, Barclays Capital, Bear Stearns, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan, Lehman Brothers, Merrill Lynch, Morgan Stanley, UBS, and Wachovia.

About Markit

Markit Group Limited ("Markit") is the leading provider of independent data, portfolio valuations and OTC derivatives trade processing to the global financial markets. The company receives daily data contributions from over 85 dealing firms, and its services are used by almost 1,000 institutions to enhance trading operations, reduce risk and manage compliance.
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Publication:Business Wire
Date:Sep 20, 2007
Words:352
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