MDDL (Market Data Definition Language) is an XML-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 2000 and has been gaining industry-wide acceptance.
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