iBoxx has launched US dollar indices to complement its European and Asian offerings.
“Clients have said ‘we like what you are doing in Europe – we need a global platform’,” says David Mark, chief executive of the International Index Company.
iBoxx was created four years ago because 11 banks and Deutsche Börse realized that investment decisions in fixed income were increasingly being driven by indices. iBoxx mirrors the indices model from the equity markets, where multiple contributors provide prices.
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