A post relating to this item from Finextra:
29 July, 2009
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 Language (FpML).
...an
article I did a couple of years back for
Wilmott magazine - might present some useful background to FpML even if the thoughts are now a little out of date - you may also think it sad (to say the least!) but it was good fun putting together the Lego OTC derivative image...