The Depository Trust & Clearing Corp. has launched a Real-Time Trade Matching system to process mortgage-backed securities in support of the MBS industry’s move to a “straight-through” processing environment. The RTTM system enables customers of MBS Clearing Corp., a DTCC subsidiary, to compare trade terms on a timely basis and replaces the twice-daily trade match process for MBS trading for MBSCC clients. Company officials said that