Markit creates ETF Encyclopedia

Markit, the financial information services group and index provider, has created the ETF Encyclopedia, offering information on exchange-traded products (ETPs) around the world.

The Encyclopedia, due to be launched this week, presents information on ETPs including the product name, issuer, listings, currency and market makers. It includes whether there are options available on the products, the underlying benchmark, whether the products are Ucits compliant and product registrations. The database also shows the holding type, whether the products use swaps or futures, while looking at tracking error and the level and type of collateral. Markit director of product development Bernie Thurston says: "It's a start in helping to enhance transparency, it's a first...