Open Market Data Platform
(OMDP)
An Open API and Protocol for the
distribution of market data.
This site
is under construction.
A positioning paper describing the ideas behind OMDP is available from mailto:info@omdp.org
A reference implementation supporting TIB, Triarch, RMDS, Bloomberg and
the OMDP protocol is available from Dealing Object Technology mailto:omdp@dotrtt.com
These are not arcane technical issues; they have huge consequences for
the evolving shape of a network economy. Consider, for example, the web browser
war that erupted between Netscape and Microsoft around 1996. If that had
extended into a similar war on the server side, two separate World Wide Webs
an internet explorer web and Netscape web might have been created, with all
the resulting costs of duplication and lost synergies. A big reason this
scenario did not happen was Apache the open source product that came to
dominate the server side and that could not be hijacked to favour either the
Microsoft or Netscape browser. Companies
and governments that buy large software packages for long-term use increasingly
value this aspect of open source standards because it inoculates them against later exploitation of lock-in by a dominant
supplier
The Success of Open Source Steven Weber