MDDL
Encyclopedia
MDDL, the Market Data Definition Language, is an XML
-based messaging format for exchanging information related to
MDDL was developed by FISD (Financial Information Services Division) of SIIA (Software & Information Industry Association). The initiative for the use of XML in market data exchange was started in the year 2000 and has been gaining industry-wide acceptance.
XML
Extensible Markup Language is a set of rules for encoding documents in machine-readable form. It is defined in the XML 1.0 Specification produced by the W3C, and several other related specifications, all gratis open standards....
-based messaging format for exchanging information related to
- Financial Instruments
- Corporate events related to the financial instruments
- Market-related data
MDDL was developed by FISD (Financial Information Services Division) of SIIA (Software & Information Industry Association). The initiative for the use of XML in market data exchange was started in the year 2000 and has been gaining industry-wide acceptance.