MDX® Dealer Indicative Pricing Results

Written By Vista Index Services

Five dealers submitted indicative MDX prices on Series 1 swaps to ICE last week (December 1–5, 2025).

ICE calculated an indicative mid-market price each day (see table below). Dealers view this process as an important step to conducting price discovery to begin trading MDX swaps after the new year. 

Market participants are encouraged to reach out to dealers to share their views around these indicative levels. The ICE-Vista MDX Calculator and INTEX both offer analytics for modeling the pricing on MDX swaps.

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