ICE Bonds unveils RFQ protocol for mortgage-backed securities
The functionality aims to reduce dependency on transactions via voice and chat messaging and allow clients to transmit electronic MBS requests anonymously.
The functionality aims to reduce dependency on transactions via voice and chat messaging and allow clients to transmit electronic MBS requests anonymously.
New development plans to connect the two firms’ respective liquidity pools and protocols, offering deeper liquidity in fixed income markets.
Volumes had more than doubled in the fourth quarter of 2020, marking the strongest period of activity since the exchange launched portfolio trading.
The ICE Select application streamlines access to all execution platforms under the ICE Bonds business, including BondPoint and TMC.
ICE Bonds and BlackRock provide automated execution for portfolio trading as protocol continues to rise in popularity with the buy-side.
ICE establishes new fixed income trading business which combines its three platforms TMC Bonds, BondPoint and ICE Credit Trade.