ICE Bonds Enhances MBS Trading With New RFQ Protocol on ICE TMC Platform

StockNews.AI • 279 days

BullishShort TermCorporate DevelopmentsMBS NYSE: ICE

High Materiality8/10

Information

NEW YORK & ATLANTA--(BUSINESS WIRE)--ICE Bonds, part of Intercontinental Exchange (NYSE: ICE), a lea...

Original source

AI Summary

ICE Bonds launched an RFQ protocol for Mortgage-Backed Securities. This enhances trading capabilities on ICE TMC's anonymous trading pool.

Sentiment Rationale

The new RFQ protocol may increase trading volume, similar to past successful launches by ICE that bolstered market share.

Trading Thesis

The immediate availability of new trading features can attract clients quickly, impacting short-term trading activity.

Market-Moving

ICE Bonds launched an RFQ protocol for Mortgage-Backed Securities.
This enhances trading capabilities on ICE TMC's anonymous trading pool.

Key Facts

ICE Bonds launched an RFQ protocol for Mortgage-Backed Securities.
This enhances trading capabilities on ICE TMC's anonymous trading pool.

Companies Mentioned

MBS (MBS)
NYSE: ICE (NYSE: ICE)

Corporate Developments

The launch of a new trading protocol directly enhances ICE's product offerings, likely positively influencing market perception and trading activity.

NEW YORK & ATLANTA--(BUSINESS WIRE)--ICE Bonds, part of Intercontinental Exchange (NYSE: ICE), a leading global provider of technology and data, today announced the launch of a new Request-for-Quote (RFQ) protocol for Mortgage-Backed Securities (MBS). This new functionality sits alongside ICE Bonds' existing MBS Click-to-Trade marketplace and allows clients to send MBS RFQs within ICE TMC's anonymous trading pool. The ICE TMC platform now offers an enhanced suite of execution capabilities for M.