As of
Download

FINRA-ICE Data Services Structured Trading Activity Reports

Structured Trading Activity Report TBA Pass-Thru Agency CMO Non-Agency CMO/ABS Daily CMBS Weekly CMBS CBO/CDO/CLO
Pricing Table: Agency CMBS by Deal Vintage
METRIC AGENCY CMBS (P&I) AGENCY CMBS (IO/PO) AGENCY CMBS (P&I) AGENCY CMBS (IO/PO)
PRE-2020 2020-2022 2023-2025 PRE-2020 2020-2022 2023-2025
AVERAGE PRICE 93.0 - 94.6 85.2 99.3 - - -
Weighted Avg. Price 92.9 - 97.0 85.3 98.9 - - -
Avg. Price Bottom 5 Trades 62.3 - 77.0 62.3 96.5 - - -
2nd Quartile Price 91.7 - 95.5 83.8 98.5 - - -
3rd Quartile Price 98.1 - 98.0 87.7 99.4 - - -
4th Quartile Price 98.6 - 98.3 94.8 100.9 - - -
Avg. Price Top 5 Trades 102.0 - 99.1 99.3 102.0 - - -
Standard Deviation 10.0 - 7.1 12.6 2.0 - - -
VOLUME OF TRADES (000'S) 360,731.7 - 91,408.8 147,725.1 121,597.7 - - -
Customer Buy 115,935.3 - 68,940.3 28,186.4 18,808.6 - - -
Customer Sell 55,025.9 - 16,649.5 4,121.4 34,255.0 - - -
Dealer to Dealer 189,770.6 - 5,819.1 115,417.3 68,534.2 - - -
<= $1MM 8,852.2 - 2,368.2 4,109.1 2,374.9 - - -
<= $10MM 157,659.0 - 59,574.4 43,616.0 54,468.6 - - -
> $10MM 194,220.5 - * * 64,754.3 - - -
NUMBER OF TRADES 110 - 48 33 29 - - -
Customer Buy 48 - 20 16 12 - - -
Customer Sell 30 - 15 8 7 - - -
Dealer to Dealer 32 - 13 9 10 - - -
<= $1MM 64 - 31 22 11 - - -
<= $10MM 38 - 15 10 13 - - -
> $10MM 8 - * * 5 - - -

Pricing Table: CMBS Conduit by Deal Vintage
METRIC NON-AGENCY CMBS (P&I) NON-AGENCY CMBS (IO/PO) CONDUIT AAA LCF (P&I) CONDUIT AAA (P&I) CONDUIT AAA (IO/PO) CONDUIT IG (P&I) CONDUIT IG (IO/PO) CONDUIT HY (P&I) CONDUIT HY (IO/PO)
PRE-2020 2020-2022 2023-2025 PRE-2020 2020-2022 2023-2025 PRE-2020 2020-2022 2023-2025 PRE-2020 2020-2022 2023-2025 PRE-2020 2020-2022 2023-2025 PRE-2020 2020-2022 2023-2025 PRE-2020 2020-2022 2023-2025
AVERAGE PRICE 95.6 83.1 97.3 * * 95.9 87.8 103.3 * - - * * 99.7 - - - 86.0 * 101.7 - - 102.2
Weighted Avg. Price 96.6 91.2 98.4 * * 96.5 88.7 103.8 * - - * * 99.2 - - - 89.3 * 102.2 - - 102.4
Avg. Price Bottom 5 Trades 69.4 66.9 93.2 * * 94.0 86.3 101.9 * - - * * 97.6 - - - 77.6 * 101.7 - - 102.1
2nd Quartile Price 92.0 100.2 98.0 * * 95.3 85.9 102.6 * - - * * 102.7 - - - 85.8 * * - - 102.8
3rd Quartile Price 99.4 100.9 98.6 * * 97.5 88.6 103.5 * - - * * 103.5 - - - 87.4 * * - - 102.9
4th Quartile Price 100.5 102.9 99.0 * * 98.2 89.7 104.5 * - - * * 105.9 - - - 92.0 * * - - 102.9
Avg. Price Top 5 Trades 107.1 102.5 99.1 * * 97.9 89.2 104.7 * - - * * 103.9 - - - 92.4 * 101.7 - - 102.5
Standard Deviation 8.1 41.1 2.5 * * 2.3 2.5 1.1 * - - * * 7.2 - - - 6.6 * 1.2 - - 1.0
VOLUME OF TRADES (000'S) 1,055,809.5 33,266.0 124,837.8 * * 21,136.9 18,776.0 111,787.8 * - - * * 8,713.0 - - - 39,462.6 * 32,846.5 - - 19,500.0
Customer Buy 549,834.8 * 69,075.5 * * * * 74,804.8 - - - - * * - - - 16,436.4 - * - - *
Customer Sell 484,968.3 28,911.0 55,762.4 * * 17,136.9 * 36,843.0 * - - * * * - - - 22,916.2 * * - - *
Dealer to Dealer 21,006.4 - - - - - - * - - - * - - - - - * - - - - -
<= $1MM 41,637.7 * 2,115.9 * - 2,714.8 2,481.0 3,025.8 * - - * - * - - - 3,273.8 - * - - *
<= $10MM 743,024.8 31,827.2 35,706.0 * * * * 28,268.0 * - - * * * - - - 36,188.8 * * - - 18,500.0
> $10MM 271,147.0 - * - * - - * - - - - - - - - - - - - - - -
NUMBER OF TRADES 272 11 20 * * 10 8 19 * - - * * 7 - - - 18 * 5 - - 6
Customer Buy 127 * 5 * * * * 10 - - - - * * - - - 6 - * - - *
Customer Sell 129 7 15 * * 9 * 8 * - - * * * - - - 9 * * - - *
Dealer to Dealer 16 - - - - - - * - - - * - - - - - * - - - - -
<= $1MM 101 * 9 * - 6 5 10 * - - * - * - - - 11 - * - - *
<= $10MM 159 7 7 * * * * 6 * - - * * * - - - 7 * * - - 5
> $10MM 12 - * - * - - * - - - - - - - - - - - - - - -

Pricing Table: CMBS Other by Deal Vintage
METRIC OTHER CMBS AAA LCF (P&I) OTHER CMBS AAA (P&I) OTHER CMBS AAA (IO/PO) OTHER CMBS IG (P&I) OTHER CMBS IG (IO/PO) OTHER CMBS HY (P&I) OTHER CMBS HY (IO/PO)
PRE-2020 2020-2022 2023-2025 PRE-2020 2020-2022 2023-2025 PRE-2020 2020-2022 2023-2025 PRE-2020 2020-2022 2023-2025 PRE-2020 2020-2022 2023-2025 PRE-2020 2020-2022 2023-2025 PRE-2020 2020-2022 2023-2025
AVERAGE PRICE - - - 96.1 99.9 100.9 - - - 92.2 88.3 100.6 - - - 86.9 93.6 99.4 - - *
Weighted Avg. Price - - - 95.2 99.9 100.7 - - - 95.0 86.8 100.7 - - - 85.9 95.6 99.6 - - *
Avg. Price Bottom 5 Trades - - - 95.5 99.7 99.6 - - - 89.5 80.3 99.2 - - - 82.0 76.5 93.9 - - *
2nd Quartile Price - - - 96.3 99.7 99.8 - - - 92.3 82.6 100.0 - - - 85.5 94.6 99.7 - - *
3rd Quartile Price - - - 96.8 100.0 100.4 - - - 93.8 87.6 100.7 - - - 87.5 99.1 99.9 - - *
4th Quartile Price - - - 96.9 100.8 101.6 - - - 98.8 99.6 101.1 - - - 93.0 100.3 100.8 - - *
Avg. Price Top 5 Trades - - - 96.8 100.3 103.1 - - - 95.3 99.9 102.0 - - - 92.3 100.3 103.7 - - *
Standard Deviation - - - 1.0 0.5 1.4 - - - 5.9 8.0 1.2 - - - 5.6 10.3 5.6 - - *
VOLUME OF TRADES (000'S) - - - 8,120.3 14,740.8 143,084.5 - - - 19,437.0 94,294.3 80,884.5 - - - 65,346.8 153,054.9 70,610.0 - - *
Customer Buy - - - * 5,955.0 81,222.5 - - - * 32,726.4 44,010.0 - - - 24,447.9 71,265.7 50,410.0 - - *
Customer Sell - - - * 8,785.8 61,862.0 - - - * 61,567.9 36,874.5 - - - 37,081.9 75,789.2 18,200.0 - - *
Dealer to Dealer - - - * - - - - - * - - - - - * * * - - -
<= $1MM - - - 1,620.3 4,340.8 6,145.7 - - - * * 2,990.0 - - - * * 6,510.0 - - *
<= $10MM - - - * * 118,663.8 - - - 18,207.0 78,993.5 77,894.5 - - - 64,591.8 91,792.9 64,100.0 - - *
> $10MM - - - - - * - - - - * - - - - - * - - - -
NUMBER OF TRADES - - - 9 10 34 - - - 7 23 24 - - - 16 23 25 - - *
Customer Buy - - - * 5 18 - - - * 9 15 - - - 8 10 18 - - *
Customer Sell - - - * 5 16 - - - * 14 9 - - - 7 11 5 - - *
Dealer to Dealer - - - * - - - - - * - - - - - * * * - - -
<= $1MM - - - 6 6 12 - - - * * 7 - - - * * 9 - - *
<= $10MM - - - * * 21 - - - 5 19 17 - - - 12 18 16 - - *
> $10MM - - - - - * - - - - * - - - - - * - - - -

* Indicates trade count is less than 5
† Includes Unrated Securities
Data updated with current day's trades at approximately 8PM New York time
Effective June 1st, 2015 ABS List or Fixed Offering Price and Takedown Transactions (as defined in FINRA Rule 6710), as well as CMO transactions in securities newly added to the system on the report day will be excluded from inclusion in the FINRA-ICE Data daily Securitized Product Report and Pricing Tables. Previously created reports will not be adjusted for the change.

Should you have any questions, please call TRACE Data Services at 888-507-3665 or email [email protected].
Home | Company | Products & Services | Careers | Contact Us
Terms & Conditions, Privacy Policy and Trademarks | 3rd Party Disclaimers and Attribution | Registered Investment Advisor Notice
Build 8.8.27.20250619   © 2025 Intercontinental Exchange, Inc. All Rights Reserved.