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Software Firms and FISD Develop VRXML Tools

ADMINISTRATION AND MANAGEMENT

Cost inventory software vendors Market Data Services Ltd. (MDSL) and The Roberts Group have created tools to generate New York Stock Exchange (NYSE) data usage reports using the Vendor Reporting eXtensible Markup Language (VRXML). The two companies, along with fellow vendor Screen Consultants, are working with the FISD on the development projects.

VRXML is designed to be used by user firms to report their monthly data usage to direct billing exchanges. The new tools automatically generate VRXML

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