, Seattle, has introduced a new online trading platform for mortgage-backed securities.

The Web site, targeted at institutional investors, offers a database and search engine, real-time trade executions, anonymity for buyers and sellers, and lower-cost brokerage fees. said the site acts as a neutral exchange where sellers can post offerings and buyers can submit bids and purchase online, saving time by eliminating traditional over-the-counter procedures such as e-mail, faxes, and phone calls.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.