Agency MBS

Agency mortgage-backed securities

Agency MBS

The Agency Mortgage-Backed Securities team at StoneX carries an extensive inventory and trades a full range of mortgage products in the secondary markets.

Providing value with extensive mortgage product expertise

The Agency MBS desk trades a broad array of mortgage products, including agency pass-throughs/spec pools, agency CMBS, and agency CMOs. Our team is also active in new issue GeMS, DUS and Ginnie Mae Project loans. We provide value through tailoring bonds to fit specific yield/duration targets for our clients.

Our capabilities

Agency CMBS

  • GNMA project loan underwriting, DUS, Freddie Ks, FN Aces
  • Open to 20+ Fannie Mae DUS originators, and actively trading forward settle DUS in block size
  • Offer unparalleled ACMBS analytical tools and insights
  • Fulfill the CRA needs of banks large and small through both GNMA project loan new-issue business and DUS bonds

Agency pass-throughs / spec pool trading

  • 10y, 15y, 20y, 30y, G2/GN
  • Top 10 Counterparty for top 5 mortgage originators
  • Active with money managers, banks, insurance companies, REITs and hedge funds


  • Active in new issue CMO; structuring capabilities similar to bulge bracket
  • Detailed focus on structures and providing tailored cashflows to meet client goals
  • Provide liquidity on smaller CMOs and assists clients with resecuritizations
Why StoneX?
StoneX, a Fortune 100 financial services company (NASDAQ: SNEX) offers consistent value by providing our customers with trade ideas, market liquidity, superior execution, commentary, in-depth sector analysis and interactive multivariable valuation models. The ability to remain nimble and listen to our clients’ needs allows us to react, strategize, and position our books and trading models to better serve those needs.

Our client-first approach

For the past decade, the success of our clients has been a key driver of growth and a constant benchmark for how we measure our own success. We maintain a commitment to providing clients with personalized service while offering the highest level of value within each market we trade.

Through sustained expansion of product offerings and consistent development of new, innovative solutions, we are focused on continuing to create durable and successful client partnerships.

Let’s get connected

To learn more about how our customized financial solutions can help you stay one step ahead in the global markets, contact our team today.

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StoneX Financial Inc. (“SFI”) is a member of FINRA/NFA/SIPC and registered with the MSRB. SFI is registered with the U.S. Securities and Exchange Commission (“SEC”) as a Broker-Dealer and with the CFTC as a Futures Commission Merchant and Commodity Trading Advisor. References to securities trading and prime services are made on behalf of the BD Division of SFI. References to exchange-traded futures and options are made on behalf of the FCM Division of SFI. You can learn more about the background of StoneX Financial Inc. on BrokerCheck.

StoneX Outsourced Services LLC provides Outsourced Trading Services. The company is a member of FINRA/SIPC and NFA , and registered with the SEC as a Broker Dealer and CFTC. You can learn more about the background of StoneX Outsourced Services LLC on BrokerCheck.

Wealth management services are offered through StoneX Wealth Management, a trade name used by StoneX Securities Inc., member FINRA/SIPC and StoneX Advisors Inc. StoneX Securities Inc. and StoneX Advisors Inc. are wholly owned subsidiaries of StoneX Group Inc. You can learn more about the background of StoneX Securities Inc. on BrokerCheck.

StoneX One is a proprietary online trading platform through which investors and traders can open securities and/or futures accounts. Accounts opened through StoneX One are currently available to U.S. persons only. Not all products are available. StoneX One accounts opened through StoneX Securities Inc. are introduced to and custodied at StoneX Financial Inc. (SFI), and all customer orders will be transmitted to SFI for execution, clearance and settlement.

Securities products offered by StoneX Financial Inc. (“SFI”) & StoneX Outsourced Services LLC are intended only for an audience of institutional clients only. Securities products offered by StoneX Securities Inc. and investment advisory services offered by StoneX Advisors Inc. are intended for an audience of retail clients only.

This information is not a recommendation to trade nor investment research or an offer to buy or sell any derivative or security. It does not take into account your particular investment objectives, financial situation or needs and does not create a binding obligation on any of the StoneX Group Inc. of companies to enter into any transaction with you. You are advised to perform an independent investigation of any transaction to determine whether any transaction is suitable for you.

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StoneX Financial Pte. Ltd. ("SFP") (Co. Reg. No 201130598R) is regulated by Monetary Authority of Singapore and holds a Capital Markets Services Licence (CMS100476) for Dealing in Securities, Collective Investment Schemes, Exchange-Traded Derivatives Contracts, Over-the-Counter Derivatives Contracts, and Spot Foreign Exchange Contracts for the Purposes of Leveraged Foreign Exchange Trading, is an Exempt Financial Advisor under the Financial Advisors Act 2001, and is a Major Payments Institution (PS20200625) under the Payment Services Act 2019 for Cross Border Money Transfers.

StoneX Financial (HK) Limited ("SHK") (CE No.: BCQ152) is regulated by the Hong Kong Securities and Futures Commission for Dealing in Securities and Dealing in Futures Contracts.

SFP acts as an appointed agent for SFL's payment services business.