Bringing Electronic Trading to Residential Mortgage Markets
A strategic investment and commercial partnership expanding liquidity, standardization, and institutional participation in residential private credit.
MAXEX and Tradeweb (NASDAQ: TW) have announced a strategic minority investment and commercial partnership combining Tradeweb’s global electronic trading network with MAXEX’s centralized digital mortgage exchange to expand institutional access, liquidity, and transparency in non-agency residential mortgage markets.
Bringing Unprecedented Scale to the Residential Mortgage Marketplace
Together, MAXEX and Tradeweb bring institutional scale across both whole loans and agency MBS markets.
The digital exchange for trading U.S. residential mortgage loans through a single centralized clearinghouse. The leading non-Agency marketplace.
A leading global operator of electronic marketplaces for rates, credit, equities and money markets. A leading electronic marketplace for Agency MBS.
What This Partnership Does
The Tradeweb investment and commercial partnership extend MAXEX’s centralized mortgage exchange to a broader institutional audience. By connecting standardized whole-loan execution and centralized clearing with Tradeweb’s global institutional network, the collaboration is designed to enhance liquidity, transparency, and efficiency in the non-agency residential mortgage market.
For sellers
Expanded access to institutional capital and more consistent liquidity for non-agency mortgage loans through a centralized, standardized exchange model.
- Broader institutional buyer participation through Tradeweb’s global network
- More consistent liquidity across market cycles
- Faster, more reliable execution through centralized clearing
- Reduced reliance on fragmented bilateral relationships
- Reinforced durability of MAXEX as long-term market infrastructure
For buyers
Institutional-grade access to residential private credit through standardized execution and centralized clearing.
- Scalable access to non-agency residential whole loans
- Standardized contracts and centralized clearing
- Improved transparency and comparability across execution
- Workflow alignment with institutional trading practices
- Greater confidence in governance and long-term market structure
What's changing now
- Strategic minority investment and commercial partnership
- Troy Dixon (Tradeweb) and Marc Simpson (JPMorgan) join MAXEX board of directors
- Expanded institutional connectivity
- No changes to execution, contracts, or clearing
What's next
- More efficient electronic workflows
- Broader institutional participation
- Continued standardization across the non-agency whole-loan market
Media Inquiries: Please contact press@maxex.com.
