Bridge, Microsoft Team To Extend XM For Market Data Delivery


NEW YORK--Microsoft Corp. and Bridge Information Systems demonstrated results of joint work on an Extensible Markup Language (XML)-based schema for exchange of various market data types at last week's Securities Industry Association (SIA) Technology Management Exhibit. The prototype featured an Internet Explorer 5 browser polling an XML server in Palo Alto, supported by a Bridge Trading Room System (BTRS) platform, for price updates.

The announcement comes at a time when Microsoft and the fin