
Elsevier UK Jobcode:QMS Chapter:Ch11-H6839 31-7-2007 9:15a.m. Page:175 Trimsize:165
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Industry standards – mix and match 175
trade lifecycle, which are on the whole bilateral in nature, and ISO 19312 defines
the reference data terms that are needed to support trade automation.
ISO 19312 and MDDL
ISO 19312 (the Securities Data Model) under development by ISO Working Group II
(WGII) defines the terms, definitions and relationships between those terms for an
instrument at the time of set-up, pricing and corporate actions.
MDDL’s scope overlaps ISO ...