Isda and Fix join forces

The Isda-FpML working group will look to develop a common set of guidelines to ensure the integrity of both protocols and to promote common industry practice. It also aims to create a common set of processes for transactions that apply to both Fix and FpML-supported instruments, which includes support for online FX trading.

Separately, Isda has issued a call for participation in a new working group that will extend FpML to create a cross-product framework for supporting pricing, valuation an