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MDDL (Market Data Definition Language) MDDL's Role in Market Data Delivery. James HartleyCatalyst, Reuters GroupCo-Chair, MDDL Technical and Liaison Committees. MDDL is an XML-based specification to enable the interchange of information necessary to account for, to analyze, and to trade financial
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1. MDDL (Market Data Definition Language)MDDL’s Role in Market Data Delivery XML on Wall Street
20 November 2001, New York, U.S.A.
2. MDDL (Market Data Definition Language)MDDL’s Role in Market Data Delivery James Hartley
Catalyst, Reuters Group
Co-Chair, MDDL Technical and Liaison Committees
3. MDDL is an XML-based specification to enable the interchange of information necessary to account for, to analyze, and to trade financial instruments of the world’s markets.
Sponsor:
Financial Information Services Division
Software & Information Industry Association
http://www.fisd.net/ or http://www.mddl.org/ Definition
4. Sell Side Firms
Merrill, Lehman, Goldman, Morgan Stanley
Buy Side Firms
Fidelity, State Street, Fleet
Vendors
Bridge/Reuters, Dow Jones, Telekurs, S&P, SIAC, FT-ID, Bloomberg
Exchanges
NASDAQ, CBOT, Island, other Non-US Exchanges
Standards (interoperability under investigation)
IPTC (NITF & NewsML), XBRL, SWIFT, ISO 15022
(note: this list is indicative and not comprehensive) Who is Involved?