MDP DATABASE INTERPRETS CONTRACTUAL REQUIREMENTS.The Software & Information Industry Association's (SIIA (Software & Information Industry Association, Washington, DC, www.siia.net) A trade organization devoted to the health and welfare of the software and digital content industry by providing support in government relations, business development, education and intellectual property ) Financial Information Services See Information Systems. Division (FISD FISD Federazione Italiana Sport Disabili FISD Frisco Independent School District (Texas) FISD Friendswood Independent School District (Texas) FISD Federal Investigative Services Division ) has launched the Market Data Policy Database (MDP MDP Mot de Passe (French: Password) MDP Markov Decision Process (artificial intelligence) MDP Management Development Program MDP methylene diphosphonate MDP Millennium Democratic Party ). For the past two years, FISD members have funded and built a comprehensive database incorporating all obligations, fees and requirements covered by exchange contracts. The goal is to ensure that vendors, re-distributors and user firms understand and can comply with their contractual requirements. The Market Data Policy Database can be accessed at http://www.fisd.net. FISD and its members created the MDP database because rules related to the use of market data are governed gov·ern v. gov·erned, gov·ern·ing, gov·erns v.tr. 1. To make and administer the public policy and affairs of; exercise sovereign authority in. 2. by contracts that are by nature subject to interpretation. Understanding and translating the complex policies of multiple exchanges is not a simple process. Differences in interpretation and the lack of consistency among vendors and downstream From the provider to the customer. Downloading files and Web pages from the Internet is the downstream side. The upstream is from the customer to the provider (requesting a Web page, sending e-mail, etc.). re-distributors are contrary to the goals of simplicity, clarity and precision required for market data management in today's distribution environment. The MDP database also contains full fee details and other charges associated with market data redistribution re·dis·tri·bu·tion n. 1. The act or process of redistributing. 2. An economic theory or policy that advocates reducing inequalities in the distribution of wealth. . According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. FISD Director Michael Atkin, "FISD members have been working on market data policy issues as a core part of their business management agenda. This database is designed as a resource for the industry and is being made available free of charge via FISD's website. In addition to ensuring compliance with market data contractual obligations, the database serves as a resource for new policy and contract development. We built this database to help our members meet their goals of electronic commerce and business efficiency." The Financial Information Services Division (FISD) provides a balanced and neutral business forum for exchanges, market data vendors, specialists data providers, brokerage firms and banks to address and resolve business and technical issues related to the distribution, management, administration and use of financial information. For further information, visit http://www.fisd.net. The Software & Information Industry Association (SIIA) is the principal trade association for the software and digital content industry. SIIA provides global services in government relations, business development, corporate education and intellectual property protection to more than 800 leading software and information companies. For more information, visit http://www.siia.net or call 202-789-4461. |
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