The ABX, launched in January 2007, serves as a benchmark of the market for securities backed by home loans issued to borrowers with weak credit. "Creating visibility and transparency was a goal of ...

Most HW readers are familiar with the ABX Indices — the indices reference asset-backed bonds, and are commonly used by bond investors to speculate on or hedge against the risk of the underlying ...

The ABX Index tracks the market prices of 20 subprime residential mortgage-backed securities (RMBS). Created by market intelligence firm Markit, the ABX is used as a financial benchmark measuring ...