Markit is looking to launch credit derivative indices in new markets in the New Year. Regions of interest include Latin America, Russia, Eastern Europe and the Middle East, said Stephan Flagel, managing director and head of indices in London, adding it is too early to say which will come first. "We are working with dealers to identify new markets, and hoping we will come up with something and launch towards the end of the first quarter or early second...We’re just waiting to see how the market develops."
December 03, 2008