FpML.org has published Financial products Markup Language Version 2.0 as a working draft and is seeking comments from interested parties before issuing a last call working draft.
The draft spec can be obtained via www.fpml.org/spec/index.html. Comments are requested by Friday, 9th November 2001 via firstname.lastname@example.org.
FpML is the XML-based, freely licensed, e-commerce standard supporting OTC trading of financial derivatives. The organisation endorsed FpML version 1.0 in May 2001, which covers interest rate swaps and forward rate agreements.
Version 2.0 extends the FpML standard to cover interest rate options including swaptions, caps and floors, and the coverage of swaps to include FX resetables, cancelables and early termination provisions