Real-Time Trade Matching (RTTM®) enables dealers, brokers and other market participants to automate the processing of fixed income securities trades throughout the trading day.
The MBSD RTTM® system provides access to users who are looking to perform MBS processing for Trade Matching, TBA Netting, Do-Not-Allocate, Pool Netting, and Clearance tasks activities.
The Real-Time Trade Matching System (RTTM) for Mortgage-Backed Securities (MBS) is a product of the Fixed Income Clearing Corporation's Mortgage-Backed Securities Division (MBSD). RTTM is a trade-entry/management tool that increases the efficiency of trade operations yet reduces your firm’s overall risk. All activity is validated and matched in real-time. From trade submission to comparison, processing time is reduced to a fraction of what it had taken in the past.
Note:
Many of the screens and processes in the below sections refer to the previous RTTM system. These materials have been left on the Learning Center as most of the workflow has remained the same. New training assets will be rolled out over time to replace the dated reference material.
Information on this page specifies the individual roles for Super Access Coordinators to use when providing IDs for MBSD users in the Customer Registration System (CRS).
The articles in this section pertain to the legacy RTTM® system. These resources will be gradually replaced with articles in the RTTM Modernization section.