iTraxx LevX indices cover the European leveraged loan CDS market.
iTraxx LevX indices are constructed from the universe of European corporates with leveraged loan exposures. The indices trade on a 5-year maturity and are rolled semi-annually in March and September.
The iTraxx LevX Index comprises the most liquid first lien credit agreements traded in the European leveraged loan CDS market.
- Trading efficiency – Quickly trade large sizes and electronically confirm trades
- Liquidity – Leverage wide dealer and industry support, allowing for significant liquidity in all market conditions
- Transparency – Rely on publicly available pricing, with all index characteristics standardized and documented