Dealerweb is an inter-dealer electronic trading platform for the TBA-MBS U.S. Treasury and Agency marketplaces supporting outright, roll and swap trades operated by Hilliard Farber & Co. Inc. The platform provides anonymous trading for dealers with the inherent speed and efficiency of electronic trading, as well as middle office tools and streamlined post-trade services.
Dealerweb is built using proven Tradeweb technology and supported by a team of industry experts with extensive knowledge of electronic trading protocols. The team stands ready to assist traders and middle office support staff to ensure a seamless trading experience.
For further information please contact Dealerweb on 888.306.4410
Settlement Ops Information
Hilliard Farber & Co. Inc. maintains separate settlement accounts at both the Mortgage-Backed Securities Division (MBD) and the Government Securities Division (GSD) of FICC for comparison and netting of all electronically traded transactions executed on the Dealerweb platform. As a Broker Clearing member of MBD (ID = DLWB), and a netting member of GSD (ID = 9695) the Dealerweb platform submits all transactions to MBD and GSD in real-time, immediately at execution of the trade. Dealerweb utilizes secure, fully-redundant networks in communicating with the clearing corporation.
BCP Statement
The Dealerweb system is fully-redundant and replicated in real-time in its two primary locations. Dealerweb maintains a Business Continuity Plan including redundant networks, hardware, data centers and alternate operational facilities to address interruptions to its normal course of business. These plans are reviewed periodically and updated as necessary. The plans outline the actions Dealerweb will take in the event of significant business interruptions including relocating technology and operational personnel to pre-assigned alternate facilities. Data is replicated in real-time and mission critical systems can be switched to alternate data centers when required. Dealerweb alternate operational facilities are equipped for continuation and resumption of business and settlement responsibilities, and are used in an ongoing basis.
Dealerweb recovery time objectives for business resumption, including those involving a relocation of personnel or technology are in line with industry standards.