Deutsche Bank Selects Markit as Calculation Agent for ETFs
Markit Group has been selected by Deutsche Bank as the calculation agent for the db x-tracker exchange traded funds (ETFs) that were recently launched. The db x-trackers, listed in Germany, comprise eight indices. Markit will act as calculation agent for this family of ETFs and will provide the daily ETF composition file. Deutsche Bank already uses Markit’s industry standard dividend forecasting and index management services.