Thanks Lyteck, Another quick question, what parser normally used to parse FpML with custom tags? Is there any tools available, right now plan to use JAXB tool ( java tools to bind xml to objects ). Implementing Clearing solution for Derivative world using FpML message ( 5.0 ). Each ClearingHouse come up with custom tag inaddition to statndard FpML schema. Please advice me to choose appropriate parser. Thanks, Jamal