[XML-DEV Mailing List Archive Home] [By Thread] [By Date] [Recent Entries] [Reply To This Message] Re: FpML adoption?
In broad terms, FpML is widely used by banks and financial organisations which trade in financial derivatives, which is the part of financial trading that FpML is designed to address. It is used for trade and pre-trade messaging. The binary FIX format (and sometimes the equivalent FIXml XML format) are used for pre-trade messaging for equities (stocks), bonds, etc. SWIFT messages are used for trade confirmation and settlement. (These are all broad generalisations, not true in all possible cases). FpML is well received in as much as there is no competing format, and banks (etc.) use it particular as a basis for their internal XML messaging (i.e. they extend FpML), as well as using it between organisations (without the extensions). Cheers, Tony. On Fri, 29 Aug 2008 03:21:00 +0900, Michael Kay <mike@s...> wrote: > I have two large investment banks among my customers who are using FpML > (with local variations); but it's hard to tell for how much of their > business. It certainly hasn't replaced SWIFT messaging quite yet. > > Michael Kay > http://www.saxonica.com/ > > >> -----Original Message----- >> From: Greg Stasko [mailto:gstasko@m...] >> Sent: 28 August 2008 17:00 >> To: xml-dev@l... >> Cc: greg stasko >> Subject: FpML adoption? >> >> Had occasion to engage with someone re FpML - Financial >> Products Markup Language. >> >> http://www.fpml.org/ >> >> I had not encountered it before - How has it been received? >> Are many organizations actually using it? >> >> Any anecdotal information appreciated. >> >> Thanks, >> >> Greg Stasko -- Anthony B. Coates Director and CTO Londata Ltd UK: +44 (20) 8816 7700, US: +1 (239) 344 7700 Mobile/Cell: +44 (79) 0543 9026 Data standards participant: genericode, ISO 20022 (ISO 15022 XML), UN/CEFACT, MDDL, FpML, UBL. http://www.londata.com/ [Date Prev] | [Thread Prev] | [Thread Next] | [Date Next] -- [Date Index] | [Thread Index] |
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