Banc of America Securities LLC has joined the to-be-announced mortgage-backed securities dealer group of TradeWeb LLC, bringing the number of dealers using the fixed-income trading platform to 12.New York-based TradeWeb said more than $1.6 trillion in MBS have traded on the platform since its introduction in early 2001. In addition to using TradeWeb for TBA MBS transactions, clients use it to trade agency debt securities, U.S. Treasuries, commercial paper, euro-sovereign debt securities, and German pfandbriefe, which are generally mortgage or public-sector entity bonds. TradeWeb can be found online at http://www.tradeweb.com.
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