Business
Tradeweb Makes Investment in MAXEX to Expand Access to the Institutional Marketplace for U.S. Residential Mortgages
NEW YORK & ATLANTA, February 12, 2026--Investment and commercial collaboration to connect Tradeweb’s global network with MAXEX’s digital mortgage exchange to expand institutional access
About this update from Tradeweb Markets Inc.
[{"type":"text","content":"Investment and commercial collaboration to connect Tradeweb’s global network with MAXEX’s digital mortgage exchange to expand institutional access and liquidity","length":160,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK & ATLANTA, February 12, 2026--(BUSINESS WIRE)--Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, and MAXEX, the digital exchange for trading U.S. residential mortgage loans through a single centralized clearinghouse, today announced a commercial collaboration with the goal of expanding access to the institutional marketplace for U.S. residential mortgages. Tradeweb has also made a strategic investment in MAXEX; financial terms were not disclosed.","length":550,"tagName":"p"},{"type":"text","content":"Tradeweb and MAXEX plan to collaborate to advance a more centralized, transparent and institutionally scalable market for U.S. residential mortgage loans – one of the largest segments of global private credit. As part of this strategic collaboration, Tradeweb plans to connect its global network of over 3,000 clients to MAXEX’s network of approximately 400 mortgage lenders and more than three dozen premier institutional investors. By integrating MAXEX’s centralized exchange and clearinghouse with Tradeweb’s electronic trading, data and workflow capabilities, this collaboration aims to enhance efficiency, transparency and liquidity in residential private credit while complementing the role of the GSEs.","length":709,"tagName":"p"},{"type":"text","content":"MAXEX operates a centralized, end-to-end digital exchange purpose-built for institutional trading of residential whole loans. The firm addresses the mortgage market’s long-standing fragmentation and operational complexity through standardized contracts, centralized clearing and settlement, and seamless electronic execution. MAXEX has facilitated loan sales into more than 250 private-label securitizations as well as to the market’s leading portfolio investors and is one of the most active expeditors of private mortgage loan liquidity in the U.S.","length":550,"tagName":"p"},{"type":"text","content":"The collaboration will also extend Tradeweb’s mortgage footprint beyond agency mortgage-backed securities (MBS), including the TBA and specified pool markets, into ...