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Latest News
bullet 08/12/2010 ISDA Releases FpML Version 5.1 Working Draft
bullet 07/30/2010 ISDA Releases FpML Version 4.9 Working Draft
bullet 07/20/2010 ISDA Releases FpML Version 5.0 Recommendation
bullet 07/14/2010 ISDA Releases FpML Version 4.8 Recommendation
bullet 06/18/2010 ISDA Releases FpML Version 4.8 Trial Recommendation
bullet 05/17/2010 ISDA Releases FpML Version 4.8 Last Call Working Draft
bullet 05/07/2010 ISDA Releases FpML Version 5.0 Trial Recommendation
bullet 04/26/2010 Call for Participation: ISDA Launches the FpML Business Process Working Group
bullet 04/16/2010 ISDA Releases FpML Version 4.8 Working Draft
bullet 04/14/2010 ISDA Response to CESR/09-768 on Consultation on guidance to report transactions on OTC derivative instruments
bullet 03/30/2010 ISDA Releases FpML Version 5.0 Last Call Working Draft
bullet 03/19/2010 ISDA Releases FpML Version 4.7 Second Recommendation
bulletMore News
What is FpML?
bullet FpML® (Financial products Markup Language) is the industry-standard protocol for complex financial products. It is based on XML (eXtensible Markup Language), the standard meta-language for describing data shared between applications.
Product Summary
bullet The main products that are covered for each asset class are listed below, each product can have several variants. Detailed product descriptions can be found in the specifications.

IRD: Interest Swaps, Swaptions, FRA’s, Caps and Floors, Inflation Swaps, and Bullet Payments.
FX: Foreign Exchange Swaps, Spots, Forwards, and FX Options.
Credit: Single-name Credit Default Swaps, Loan Credit Default Swap, CDS on Mortgages, Credit Default Swap Indices, Options, and Baskets.
Equity: Equity Swaps, Equity Options, Variance Swaps, Correlation Swaps, Dividend Swaps, and Total Return Swaps.
Bond Options: Bond and Convertible Bond Options.
Commodity: Commodity underlyer, Commodity Swaps, Commodity Options, Physically-settled trades.
Loans: Syndicated Loan Notifications between Agent Bank and Lenders

Recently Launched Working Groups

bullet ISDA is launching a new FpML working group focusing on business processes. The FpML Business Process Working Group will maintain and extend the FpML standard’s coverage of OTC derivative business processes. Focus will be on areas where new industry services are being developed or new business processes are being standardized.

bulletSign Up For Participation | bulletView the Charter

bullet ISDA is launching a new FX working group which will focus on a redesign and expansion of the existing FX product model in FpML. The goal is to make the FX coverage consistent with other FpML product representations. In addition the group will look to expand the existing coverage to include Range Accrual options, Dual Currency Deposits, and other FX products agreed to by the working group. The working group will start meeting in early April.

bulletSign Up For Participation | bulletView the Charter

bullet ISDA has launched a new FpML working group focusing on Collateral business processes. The FpML Collateral Working Group will extend the FpML standard with a definition of the standard messages to support the Collateral business processes, building on the work done by the ISDA Collateral Committee (see http://www.isda.org/c_and_a/pdf/Electronic-Messaging.pdf). The following business processes will be supported:
  • Margin Call
  • Interest Payment
  • Substitution
The working group will start meeting in the beginning of January 2010 on a weekly basis, with a goal to have a first working draft available by February. Anyone interested in contributing to the collateral framework in FpML, either from a technical or a business perspective, is welcome to join the working group.

bulletSign Up For Participation | bulletView the Charter
Specifications

bullet The Latest FpML Specifications as well as all Archived FpML Versions are available for registered users to view and download. Also check the FpML Roadmap for updates.

bullet Co-existence between 4.x and 5.x

Training
bullet 12/1/2010 FpML Training Course in London
Agenda to Follow
bullet 12/2/2010 Extending FpML - An Advanced Training Course in London
Agenda to Follow
bullet 12/7/2010 FpML Training Course in New York
View Agenda | Register
bullet 12/8/2010 Extending FpML - An Advanced Training Course in New York
View Agenda | Register
bullet 12/9/2010 Processing FpML - An Advanced Training Course in New York
Agenda to Follow
bulletCustomized Training
FpML Related News
bullet 06/14/2010 "...State Street OTC Hub ... The hub uses industry-standard FpML to link to industry utilities and third-party providers..."
Full Press Release
bullet 05/24/2010 Implementing FpML – Opportunities and Pitfalls
bullet 04/14/2010 Hegoa Joins Clearstream Services SaaS Platform to Offer Its eVA Product Suite to Provide Financial Transparency, Risk Management and Automated Valuation of OTC Derivatives and Structured Products
bullet 04/8/2010 FpML - A New Version for a Growing Role in Derivatives Processing and Reporting Post Crisis
bullet 02/02/2010 Citigroup Seeks to Eliminate Faxes With Loan Market Automation   
bullet 11/30/2009 FpML Derivatives Trading Repositories with MarkLogic Server
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bullet 05/06/2010 FpML FX Products Refactoring Proposal
bulletAudio Recording [20 MB]
bulletPowerPoint Presentation [960 KB]
bullet 02/04/2010 FpML Version 5 WD 4 Changes Call
bulletAudio Recording [3.85 MB]
Note: the first few minutes of the call were not recorded
bulletPowerPoint Presentation [736 KB]
Presentation provides an overview of the changes
bullet 06/04/2009 FpML Messaging Proposals Call
bulletAudio Recording [7.68 MB]
bulletPowerPoint Presentation [2.27 MB]
Provides an overview of the messaging proposals.
bulletPowerPoint Presentation [1.60 MB]
Provides an overview of the migration from FpML 4.x contract messages.
bulletMore Industry Updates
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bullet Find information on the various FpML Working Groups to directly participate in the standard.
bullet For all inquiries about FpML, including questions on Working Groups, documentation, and the FpML website, please contact us.