Blotter, positions, pricing, P&L, sales flow. We built these systems at a primary dealer. Now we build them for desks that don't have a 200-person technology floor.
| CPN | NET (MM) | TBA/POOL | PX | DV01 | DAY P&L |
|---|---|---|---|---|---|
| UMBS 4.5 | +125.0 | TBA Jul | 97-22+ | 78.4 | +41,250 |
| UMBS 5.0 | +340.0 | TBA Jul | 99-08 | 189.1 | +112,400 |
| UMBS 5.5 | −210.0 | TBA Jun | 100-26 | −102.7 | −38,900 |
| UMBS 5.5 | +86.2 | SPEC LLB | 101-14 | 41.9 | +9,180 |
| G2 6.0 | +44.0 | POOL | 102-03+ | 19.8 | −2,340 |
| HEDGE | −590.0 | TY/FV | — | −205.5 | −61,700 |
Each product runs standalone. Together they share one position and flow database, so the blotter, the P&L, and the salesperson's screen never disagree.
The system of record. Trade capture, real-time positions, TBA allocation workflow. Replaces the position spreadsheet before it breaks in a fast market.
Intraday P&L and pricing on Ledger positions. Attribution that says why: carry, curve, basis, prepay. Feeds your risk stack. It does not pretend to be your risk stack.
A CRM built around trade history, not contact notes. Every print, every axe, every client inquiry in one place. The matching engine says which client should see which bond.
Roll breakeven and implied financing across the coupon stack. The single-roll calculator is public and free. The live monitor across all coupons is the product.
Most engagements start as a build and end as a subscription. We deliver against deadlines because we have done this under OCC deadlines.
Blotter, positions, limit monitoring, pricing. Scoped in weeks, delivered in months, documented so your people can run it.
EPN, FICC, TRACE, Tradeweb, internal risk and books-and-records. We speak the protocols and the conventions: 32nds, 48-hour day, good delivery.
Parallel-run migration from Excel position management to a system of record. The desk trades through the cutover.
Names withheld. References available on request.
Replaced spreadsheet position management with Ledger and Engine. Roll decisions now run on platform analytics across the full coupon stack.
Flow pilot across nine salespeople. Axe distribution matched to client flow history instead of blast emails.
Real-time limit monitoring built and delivered against a regulatory deadline. Exposure feeds direct to firm risk.
Built blotter, position, pricing, and risk systems for the securitized-markets floor at Citi. Background below.
Rates e-trading infrastructure at a primary dealer. Owns platform, latency, and uptime.
Prepay and OAS analytics. Owns Engine's model integrations and the validation suite.
Former agency MBS trader. Owns Ledger and Roll. Decides what traders actually see.
Former fixed-income salesperson. Owns Flow. Decides what salespeople actually use.
Integrations, front end, data. Two from sell-side technology, two from fintech.
desk@mbstradingtools.com
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