"Subprime Mortgage ABX" Indices Still Making New Lows

[ASusilovic]

ABX-HE-BBB 07-2

The ABX Index is a series of credit-default swaps based on 20 bonds that consist of subprime mortgages. ABX contracts are commonly used by investors to speculate on or to hedge against the risk that the underling mortgage securities are not repaid as expected.

 

[nravo]

Quote from ASusilovic:

ABX-HE-BBB 07-2

The ABX Index is a series of credit-default swaps based on 20 bonds that consist of subprime mortgages. ABX contracts are commonly used by investors to speculate on or to hedge against the risk that the underling mortgage securities are not repaid as expected.

Anyway to trade the ABX as an ETF or with options, at the retail/exchange level, not OTC?

 

[ASusilovic]

Quote from nravo:

Anyway to trade the ABX as an ETF or with options, at the retail/exchange level, not OTC?

Maybe "correlated" : DJ Wilshire REIT ETF.

 

[local_crusher]

Does anyone know another ETF or Index that correlates well or represents the Case Shiller Index?

 

[makloda]

Quote from local_crusher:

Does anyone know another ETF or Index that correlates well or represents the Case Shiller Index?

They were announced but I think didn't come out yet

http://seekingalpha.com/article/81244-macroshares-to-launch-levered-up-down-housing-price-etfs