GSCC Upgrades RTTM Platform

OPERATIONS AND STP

NEW YORK--The Government Securities Clearing Corp. (GSCC) went live with version 2 of its Real-Time Trade Matching (RTTM) platform Oct. 18, adding functions such as demand processing, locked-in trade advisories, and "don't know" messages for unrecognized trades, GSSC officials confirmed last week.

This latest move follows the incorporation of mortgage-backed securities on the platform as of Sept. 27 and precedes a Web-based front end for all aspects of trade entry and management to be released

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