StoneX and DeltaTerra Develop New Synthetic Structure for Agency Credit Risk Transfer
StoneX and DeltaTerra announced a synthetic credit risk transfer transaction referencing Agency CRT securities from Fannie Mae's CAS and Freddie Mac's STAC programs. The new structure was developed through their collaboration.
Why it matters — The announcement signals StoneX's expansion into synthetic credit risk transfer structures, a growing segment tied to Agency CRT securities, which may be of interest to SNEX watchers monitoring the firm's product development.