An article relating to this blog post on Finextra:
OTC derivatives gain standards based on FpML
The International Securities Association for Institutional Trade Communication (ISITC) has released a new market practice for over-the-counter derivatives based around the Financial products Mark-up L...
See article
The ISITC OTC Derivatives Working Group, of which I am a member, recently announced its
Market Practice for Contract Notification. I've been involved with OTC Derivatives trading operations and technology for almost 20 years now, the last 10 primarily on the buyside. When I first joined an FpML working group, allocations weren't even part
of the spec, and we are only now beginning to see vendors who provide buyside OTC Derivative trading solutions.
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