Three exchanges are working with the Financial Information Services Division (FISD) of the Software and Information Industry Association (SIIA) to develop a "prototype capability" to distribute content via MDDL and fisdMessage, Inside Market Data has learned.
FISD chief technologist James Hartley says there are now three exchanges outside the US that are committed to helping MDDL develop a "proof-of-concept" within the first half of the year. Hartley adds that a fourth exchange is considerin
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails