XML Marked The Spot--Along With Its Cousins: FpML, FIXML, MDML And NewsML

XML ROUNDUP

NEW YORK--This past year was a inflection point for the Extensible Markup Language (XML) and its various incarnations, including XML-based protocols incorporating the Financial Information Exchange (FIX) schema, and others designed for financial services messaging and market data and news delivery.

By the end of 1999, a wide array of vendors and user firms were either launching products, and spearheading or joining initiatives to take advantage of XML, paving its way as a industrywide standard.

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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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