Consortium Formed to Hasten Development of RIXML Open Standard

DELIVERY TECHNOLOGIES

NEW YORK--An association of buy-side and sell-side firms has organized itself around the domain name RIXML.org in order to engineer an open standard for electronic dissemination of investment research.

A standards committee and a steering committee of volunteers organized in March to put together an RFP, prepare a budget and select a technology partner to develop the document type definition (DTD).

Joseph Sommer, Credit Suisse First Boston’s director of electronic trading and connectivity ser

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