Markit iTraxx are the standard European and Asian tradable credit default swap family of indices.
The rules-based Markit iTraxx indices are comprised of the most liquid names in the European, Asian Central & Eastern European, Middle Eastern and African countries markets. The selection methodology ensures that the indices are replicable and represent the most liquid, traded part of the market. Markit iTraxx indices are easy and efficient to trade - investors can express their bullish or bearish sentiments on credit as an asset class, and portfolio managers can manage their credit exposures actively.