BNP Paribas currently provides liquidity in four other TradeWeb markets including US Treasuries, US Agencies, Corporate Bonds, and European Government Bonds. By adding TBA-MBS, BNP Paribas enters the leading electronic MBS marketplace where major institutional investors and mortgage originators access the liquidity of 19 dealers and trade as much as $220 billion in daily volume.

Other members of TradeWeb's TBA-MBS dealer group include: Credit Suisse First Boston, Goldman Sachs, Lehman Brothers, Merrill Lynch, Citigroup, Morgan Stanley, Deutsche Bank, JPMorgan, Greenwich Capital, Bear Stearns, UBS Investment Bank, Banc of America Securities, Countrywide Securities, Wachovia Securities, Barclays Capital, WaMu Capital Corp, HSBC, and Nomura Securities.

"With a 95% increase in volume from a year ago, TradeWeb's MBS platform continues to grow and maintain its position as the leading electronic marketplace for TBA-MBS," said Billy Hult, Managing Director at Thomson TradeWeb. "We're pleased BNP Paribas has chosen to broaden its relationship with TradeWeb by joining our TBA-MBS platform."

According to Andy McConnell, Managing Director and Head of Mortgage Trading at BNP Paribas, "BNP Paribas is excited to offer liquidity to its customers via the TradeWeb TBA-MBS marketplace. As we continue to grow our mortgage business, TradeWeb's platform is an excellent fit in terms of providing the most efficient service to our customers."

TradeWeb's residential mortgage-backed securities marketplace debuted in 2001 and continues to grow at a record pace. Volume reached nearly $4 trillion for the 2nd quarter of 2005, marking a 95% increase over the same period last year. The continued acceptance of electronic trading among major mortgage investors and dealers is sustaining such growth, as evidenced by five new dealers having joined as liquidity providers during the last 18 months.