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FINRA Now Producing Securitized Product Tables

October 18, 2011
FINRA has announced that it has created market activity and pricing-related tables for securitized products. The new tables, designed with Interactive Data Corporation, provide investors and other market participants insight into asset and mortgage-backed securities transaction data reported to the Trade Reporting and Compliance Engine (TRACE). The tables, which are available on FINRA's website and in the Market Data Center, will be updated every trading day after market close. The tables incorporate FINRA's TRACE data, offering an aggregate summary of daily transactions in the U.S. securitized products market by asset class. Investors and other market participants will be able to use these tools to gauge market activity and price levels. The U.S. Structured Trading Activity Report includes the volume of transactions, number of trades and number of unique securities transacted, allowing investors to better gauge liquidity and market sentiment. The U.S. Structured Trading Pricing Tables offer more detailed categories by asset class and include average price, volume by trade size, and buy or sell information. The five pricing tables show aggregated price levels as well as volume of the following products: MBS pass-through securities and TBAs (to-be-announced, forward MBS trades) respectively, Agency and Non-Agency CMOs, CMBS, ABS and CDOs. TRACE is FINRA's over-the-counter fixed income real-time transaction reporting and dissemination service. TRACE consolidates transaction data for all eligible corporate bonds, agency debentures, and asset- and mortgage-backed securities. [Marketwatch, 10/18/11]