ISDA has launched the 2026 FpML Survey to gather industry input on current usage and future direction of FpML.

• Added support for Commodity Schedule and delivery properties, providing more flexible representation for commodity products (e.g., hourly schedules)
• Change stubPeriodType cardinality from 0..1 to 0..2 enabling both initial and final stub types to be expressed simultaneously to support IRD trades with asymmetric stub conventions
• Deprecated publicDisclosure / regulatoryDisclosure related messages and types
• Fixed examples failing business rule validation

Highlights:

• additional product coverage: Interest Rate TRS. Accumulator/Decumulator
• expanded regulatory reporting coverage: CFTC Rewrite (2020), EMIR REFIT (2020), closer alignment with DRR
• cleanup of schemas and examples per architectural guidelines
• improvements to examples, fixes to issues
• and more…