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CpML Overview
philipmreid-GMT edited this page Jul 21, 2016
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The Commodities product Mark-up Language (CpML) is the energy trading industry standard that enables the representation of trades and other related information. The standard is widely used for electronic confirmation of OTC trades as well as regulatory reporting in Europe. The key benefits of the CpML standard are:
- Reduction of overall industry costs
- Simplification and risk reduction of processes and systems
- Competition and choice of technology and service providers
The CpML standard is industry owned and governed, but open for participation and use by any interested parties at no cost. While focused on Energy Trading, CpML is commercially-neutral and does not favor any particular technology or service.