ABX index

ABX index
A financial benchmark that measures the overall value of mortgages made to borrowers with subprime or weak credit. The ABX index uses credit default swap contracts to come up with an overall value and is made up of 20 bonds that is comprised of groups of subprime mortgages. Using this index, financial institutions are able to determine if the market for these securities are improving or worsening. Also referred to as Asset-Backed Securities Index.

For example, if the ADX Index increases, this means there is less risk with subprime mortgages and vice versa. It was created by Markit and is useful for investors interested in subprime mortgages. Subprime mortgages being mortgages given to customers with faulty or weak credit.


Investment dictionary. . 2012.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • ABX — is a three letter acronym that may refer to: * Amy Beth Snider, Rockstar * ABX test, a double blind testing method commonly used in codec listening tests and in ascertaining high fidelity * Albury Airport in Albury, New South Wales, Australia,… …   Wikipedia

  • Abx — Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom. {{{image}}}   Sigles d une seule lettre   Sigles de deux lettres > Sigles de trois lettres …   Wikipédia en Français

  • ABX.HE — Der ABX.HE (meist kurz ABX) ist eine Familie von Finanzindices (ähnlich einem Börsenindex), der die Marktentwicklung des ABS Marktes für Subprime Hypothekenpapiere wiedergeben soll. Der ABX wird als Basiswert für Index CDS verwendet. Der ABX ist… …   Deutsch Wikipedia

  • Index (economics) — This article is about index in an economics and finance sense. For other uses, see Index. In economics and finance, an index is a single number calculated from a set of prices or of quantities. Examples are a price index, a quantity index (such… …   Wikipedia

  • ABX — Cette page d’homonymie répertorie les différents sujets et articles partageant un même nom.   Sigles d’une seule lettre   Sigles de deux lettres > Sigles de trois lettres   Sigles de quatre lettres …   Wikipédia en Français

  • Asset-backed securities index — An asset backed securities index, or ABX, is a credit derivative instrument with asset backed securities as an underlying.On January 17, 2006, CDS Indexco and Markit launched ABX.HE, a synthetic asset backed credit derivative index, with plans to …   Wikipedia

  • Projet:Transports/Index des articles — Le but de cette liste est de regrouper les articles touchant au domaine du transport, à l exception de ceux gèrés par les sous projets ou projets annexes: les Projet:Aéronautique, Projet:Automobile, Projet:Chemin de fer, Projet:Transports en Île… …   Wikipédia en Français

  • HUI Gold Index — The NYSE Arca Gold BUGS (Basket of Unhedged Gold Stocks) Index (also known as the HUI Index) is a modified equal dollar weighted index of companies involved in gold mining. The Gold BUGS Index is listed on the NYSE Amex under the symbol HUI . The …   Wikipedia

  • ITraxx SovX Western Europe Index — iTraxx SovX Western Europe Index, ein am 28. September 2009 von der Bank of America/ Merrill Lynch, Barcap, BNP Paribas; Citi; JP Morgan, Morgan Stanley und Nomura als Over the Counter Instrument eingeführter Risikoindex der Markit Group of… …   Deutsch Wikipedia

  • S&P/TSX Composite Index — The S P/TSX Composite Index is an index of the stock (equity) prices of the largest companies on the Toronto Stock Exchange as measured by market capitalization. The Toronto Stock Exchange listed companies in this index comprises about 71% of… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”