Markit will be launching an ABX.HE 05-2 index on Oct. 2. The ABX.HE is a tradable synthetic index of U.S. subprime ABS.

The addition of the new index, which resulted from a majority vote of licensed dealers, will offer institutional investors with a greater ability to gain or hedge exposure to an earlier vintage of U.S. RMBS, a release from Markit said.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.