Fintech Agile introduces electronic bidding for TBA MBS, extending trade settlements by a month and simplifying hedge positions.

Fintech Agile launches electronic bidding for the fourth month in the To-Be-Announced (TBA) mortgage-backed securities (MBS) market. This innovation marks a significant leap forward in the trading landscape of off-screen securities. The new feature allows for extended trade settlements by an additional month, reducing the need for frequent rolls and streamlining the process of maintaining an aggregate hedge position.

April 25, 2024
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