MMM™
MIAC Market Monitor
MIAC’s Market Monitor allows market participants to view real-time prices with actionable information. Gain a clear information advantage against your counterparty.
MMM is useful for both AOT trades and Correspondent Bulk bids, providing a versatile solution for various trading needs. Gain insights into market liquidity for each Coupon and Settlement Month, enabling a comprehensive understanding of market dynamics.
MMM Indications are derived from TRACE Trade Level plus Drops and Intracoupon Spreads, and includes transparency on how each MMM is derived from an underlying TRACE trade. All Intracoupon Spreads and Drops are derived from an IOSCO compliant fixing rule book.
MIAC Market Monitor empowers originators and investors with reliable price discovery, enhancing their decision-making process in the dynamic TBA Market.