TradeWeb launches specified pool trading platform

May 01, 2007, 12:00 a.m. EDT 1 Min Read

Thomson TradeWeb is enhancing its its MBS business platform by launching an online market for trading specified pools of mortgages. The new platform allows clients to research pool criteria, search multiple dealer inventory, execute and process trades in real-time. It will also give clients the chance to send targeted inquiry to individual dealers. The addition of specified pools also helps clients to find specific pools that better match their investment strategies. This product line joins TradeWeb's TBA MBS market that launched in February 2001. TradeWeb's TBA business now has an average daily trading volume of over $70 billion. The addition of specified pools to TradeWeb's product line is supported by 15 mortgage dealers.

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