VRXML Moves From FISD to Findac

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The Financial Data Coalition industry group has taken over responsibility for developing and promoting the VRXML exchange reporting protocol, according to Findac managing director Mike Atkin. VRXML has been run by the FISD, Atkin’s former employer, since 2002.

Atkin says the New York Stock Exchange, which owns the standard, has now given him responsibility for it. "I’ve talked many times with NYSE over the last few months, and we’ve taken the project—they’ve given it to us," Atkin tells Insi