Embodiments include systems and methods for securing a magazine in a housing using a latching system. Embodiments operate in context of a storage library having removable magazines that store data cartridges. For example, a floating, two-part latching system operates in either an operable state or an unlatched state. The latching system includes a setter and a latch, where the latch is configured to float on the setter and to be biased into a latched position. When the setter is in a first position, it permits the latch to float between at least a fully latched position and a fully unlatched position. When the setter is moved to a second position, it moves the latch into the fully unlatched position and restricts the latch from moving into the latched position.