Exchanges Show Interest in MDDL


Three exchanges are working with the Financial Information Services Division (FISD) of the Software and Information Industry Association (SIIA) to develop a "prototype capability" to distribute content via MDDL and fisdMessage, Inside Market Data has learned.

FISD chief technologist James Hartley says there are now three exchanges outside the US that are committed to helping MDDL develop a "proof-of-concept" within the first half of the year. Hartley adds that a fourth exchange is considerin

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