FpML.org, the non-profit consortium developing Financial products Markup Language as an e-commerce standard for OTC derivatives trading, is seeking suggestions for additional asset classes and functionality that should be addressed in future versions of the standard. The consortium is comprised of leading banks, information and software vendors and systems integrators. The initiative stems from comments made by the nearly 300 delegates from 122 firms that attended FpML symposiums held recently in New York and London. Asset classes being considered include FX options, and equity, credit and commodity derivatives, with other suggestions welcomed. FpML is a freely licensed XML-based standard. FpML.org is dedicated to the development and use of FpML as the communications standard for streamlining the processes supporting e-commerce activities in the financial derivatives domain. To participate in extending its product coverage, complete the Call for Interest form at ww.fpml.org/wg/index.html. Responses are requested by COB January 4, 2001. Organizations actively participating in the FpML standard include: Bank of America, BNP Paribas, Chase Manhattan Bank, Citigroup, Credit Suisse First Boston, Deutsche Bank, Fuji Capital Markets Corporation, Goldman Sachs, International Business Machines, J.P. Morgan, Morgan Stanley Dean Witter, PricewaterhouseCoopers, Reuters, SunGard Trading and Risk Systems, SwapsWire, S.W.I.F.T., and UBS Warburg. www.fpml.org.
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