Nordic, Baltic Exchanges Boost MDDL

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MDDL, the Market Data Definition Language, has received a boost with the news that it has been adopted for some data distribution activities at Nordic and Baltic exchanges.

The move is part of a series of changes at the Helsinki, Tallinn and Riga stock exchanges, which last month rolled out the Saxess trading system and a new shared market data distribution system called Targin (IMD, Oct. 4).

The Helsinki, Tallinn and Riga exchanges began using MDDL last month to tag two files that are deliver

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