XML For Financial Services Directory

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The Extensible Markup Language, or XML, as it's commonly referred to, will allow the world to speak in tongues and still understand each other--as long as the tongues are written in XML.

See, XML is a tag-based markup language, like HTML. But HTML only presents the data, it doesn't say anything about the information its tags are applied to. XML can describe the data. According to a Sun white paper, "HTML is essentially a document-oriented tagset focused on document presentation, but XML can be

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‘Feature, not a bug’: Bloomberg makes the case for Figi

Bloomberg created the Figi identifier, but ceded all its rights to the Object Management Group 10 years ago. Here, Bloomberg’s Richard Robinson and Steve Meizanis write to dispel what they believe to be misconceptions about Figi and the FDTA.

Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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