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CDS IndexCo and Markit Announce Final Portfolio Constructions of the CDX Emerging Market and Emerging Market Diversified Indexes, Which are Set to Roll on September 20, 2007.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- CDS IndexCo LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
 ("CDS IndexCo"), a consortium of 16 investment banks The following is a list of investment banks Financial conglomerates
Large financial-services conglomerates combine commercial banking and investment banking, and sometimes insurance.
 licensed as market makers in the 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
 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 the final portfolio constructions of the CDX Emerging Market Index (CDX.EM) and the CDX Emerging Market Diversified Index (CDX.EM Diversified) which are set to roll on September 20, 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 UBS Union Bank of Switzerland
UBS United Bible Societies
UBS United Blood Services
UBS United Buying Service
UBS Used Bookstore
UBS University Business Services
UBS Universal Building Society (UK)
UBS Ulaanbaatar Broadcasting System
, and Wachovia.

FINAL PORTFOLIO CONSTRUCTION OF THE CDX EMERGING MARKET AND EMERGING MARKET DIVERSIFIED INDICES

The following table outlines the final changes to the CDX.EM Index and the CDX.EM Diversified Index. The weightings of the indices are unchanged.
INDEX                        ADDED      REMOVED
CDX.EM Series 8              No change  No change
CDX.EM Diversified Series 6  No change  No change


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 CDX.EM and CDX.EM Diversified, 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 7, 2007
Words:352
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