FISD Shelves Smaller MDDL Projects

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The Financial Information Services Division (FISD) of the Software & Information Industry Association (SIIA) last week announced a formalized release schedule for updates to MDDL, the XML-based protocol for market data delivery.

However, the increased focus on a formal structure has caused other projects to be shifted to the back-burner. Earlier this month, the FISD’s chief technologist James Hartley told Inside Market Data that MDDL would no longer be so focused on "aggressively expanding co

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