Tradeweb Announces Expansion of Mortgage Trading Platform
(World News Science)

NEW YORK - September 22, 2020 - Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it has expanded and enhanced its platform for trading specified pools of mortgages. The specified pool platform now enables mortgage originators to trade alongside other secondary market participants, expanding the electronic marketplace. The first trade on the new platform was executed today at 10:15 am EDT. For mortgage originators including banks and non-banks, Tradeweb`s new platform automates how they trade these complex pools, reducing time-to-trade and replacing a manually-intensive legacy process....