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Beacon News
Beacon Launches Agency CMOs and Strip MBS Trading
January 3, 2008 — Beacon Capital Strategies, Inc. today announced the launch of Agency CMOs and Strip MBS trading on Trade
Discovery, an electronic trading platform for less liquid bonds. Traders can locate and trade CMOs using search methods fine-tuned to structured MBS products. Beacon delivers a unique marketplace to fixed income traders by allowing counterparties to negotiate anonymously with each other.
The announcement marks Beacon’s latest initiative to expand its product offering for agency-issued mortgage backed securities. Previous launches included fixed rate and variable rate MBS. Also included in this launch is the ability to export information relevant to live inventory on the platform so participants can perform their analysis using their own tools.
“Our customers have been very receptive to Beacon’s trading model. In response to strong demand for structured mortgage
products on the platform, we are pleased to announce the introduction of CMOs and Strip MBS on Trade Discovery. We continue to work closely with our customers to improve the scope and capabilities of our marketplace,” said Arnold Roxas, Beacon’s Product Manager.
Beacon Announces Launch of ARMs and Hybrid ARMs
on Trade Discovery System
 November 17, 2007 — Beacon Capital Strategies, Inc. announced
today the start of trading in Adjustable Rate Mortgages on Trade Discovery™, Beacon’s electronic trading platform for less liquid fixed-income securities.
Agency-issued and Hybrid ARMs are the first asset class added to
the fixed-rate, agency-issued, mortgage-backed securities which
have been offered through the platform since January of this year. More than 900,000 securities are eligible to be traded, with comprehensive descriptions and real-time reference prices available to participants.
Beacon has announced plans to introduce agency Collateralized Mortgage Obligations, known as CMOs, in the coming weeks.
Beacon Announces Over $1 Billion in Bonds Available
on Trade Discovery™ Trading System
 August 7, 2007 — Beacon Capital Strategies, Inc. announced today that for the month of July, there were over $1 billion in
live offerings every day. The offerings were all in agency MBS securities, the first asset class that Beacon has launched for
trading on Trade Discovery™, an electronic trading platform for less liquid fixed-income instruments.
Trading on Trade Discovery began in January of this year. The company has announced plans to expand trading to agency ARMs and CMOs.
Beacon Announces Launch of Trading System
 January 16, 2007 — Beacon Capital Strategies, LLC, announced
today the launch of Trade Discovery™, an electronic trading
platform for less liquid bonds. The system gives participants the
capability to anonymously trade over 850,000 agency-issued,
fixed-rate, mortgage-backed securities (MBS).
 Trade Discovery will be expanded in the agency and non-agency
MBS space in the coming months to round out the MBS offering,
to be followed by other fixed-income asset classes.
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