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XML, HTML and SGML are common and suitable markup language formats, provided the file formats are valid and complete (see paragraph below).
FpML (Financial products Markup Language) is a business information exchange standard based on Extensible Markup Language (XML) that enables business-to-business over-the-counter (OTC) financial derivative transactions online by following W3C standards.
An Extensible Markup Language (XML) file is a text-based document that you can save with the . xml extension. You can write XML similar to other text files. To create or edit an XML file, you can use any of the following: Text editors like Notepad or Notepad++
You use HTML to create webpages and client-side web applications. Its typically combined with Cascading Style Sheets (CSS) for styling purposes and the JavaScript programming language for dynamic behaviors. In contrast, you use XML for the exchange of data between two applications or systems.
Extensible Markup Language (XML) lets you define and store data in a shareable manner. XML supports information exchange between computer systems such as websites, databases, and third-party applications.
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XML is a format to store data along with its structure. This feature makes it useful for many things, including transferring data, formatting documents, creating layouts, and more.
XML files allow computer apps to easily structure and fetch the data that they need. After retrieving data from the file, programs can decide what to do with the data. This could mean storing in another database, using it in the program backend, or displaying it on the screen.
Extensible Markup Language (XML) is a markup language and file format for storing, transmitting, and reconstructing data. It defines a set of rules for encoding documents in a format that is both human-readable and machine-readable.

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