VRXML is an XML-based interchange format and common data dictionary on the fields needed for market data billing, reporting and inventory management. The initial draft was developed by the New York Stock Exchange and Gemini Systems to improve the quality, timeliness, and efficiency of reporting information from vendors. The objective of VRXML is to define and normalize all of the data elements required throughout the billing and reporting information chain with the objective of enabling all segments to produce, transmit, receive, and process invoices and reports in a common XML format.
The VRXML Glossary of Terms is available for content review. The Glossary of Terms clarifies definitions of the data content within VRXML and should be used as a guideline for understanding VRXML.
The NYSE VRXML Business Rules Document (UPDATED!) provides a description of the rules that are applied to the Vendor Reporting eXtensible Markup Language (VRXML) by the Market Data Services division of the New York Stock Exchange. Discussions are underway to produce a business rule validation script (in addition to the XML validation) for VRXML.
Instructions for submitting VRXML files via FTP can be found in the VRXML FTP Instructions file.
Click here for an overview presentation by Gemini Systems discussing the release of VRXML 1.0.