FpML Version Outburst: Controlled Migration

Sandman, John
January 2008
Securities Industry News;1/14/2008, Vol. 20 Issue 2, p1
Trade Publication
The article reports on the launch of a new version of the financial products markup language (FpML) amid the growing demands for straight-through processing in the face of credit crunch in the U.S. FpML.org, part of the International Swaps & Derivatives Association, released a working draft of FpML 4.3 in February 2007 and the final version in December. The bond trading platforms such as Market Axess and Trade Web are anticipated to increase the use of FpML 5.0 and point upgrades.


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