Structured Products
In April 2009, Secondmarket opened the collateralized debt obligation (CDO) and mortgage-backed security (MBS) markets. The variety of collateral types that can trade over SecondMarket are:
- Residential Mortgage-Backed Securities
- Corporate Mortgage-Backed Securities
- Other Asset Back Securities
- Corporate bonds (these structures are also known as Collateralized Bond Obligations or CBOs)
- Banks loans (the structures are also known as Collateralized Loan Obligations or CLOs)
- Credit derivatives
- Other CDOs (these structures are also known as CDO-squared)
- Other specialized debt types
Read more about this topic: Second Market, Inc., Markets Trading On SecondMarket
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