Merrill Eyes MDDL

DATA CONSUMERS

Merrill Lynch is currently doing research and development on MDDL, the market data definition language, says Andrew Brown, chief technology architect and global head of market data infrastructure services.

In particular, the firm is measuring the capacity of an XML-based market data delivery platform at the feed handler level and on the desktop.

Brown says, "The rise of XML is interesting." However, he remains cautious. "We haven’t decided yet where to use MDDL. We are investigating this as a

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