The Market Wordings Database (MWD) is to be revamped to make the system more user friendly by adding supporting documentation screens to the existing display.

The supporting documentation screens will provide users with information about the use and history of particular wordings. Users will also be able to view any cross-referenced associated wordings.

In addition, an electronic news-letter will be launched in March to give users monthly wording news and details of changes to the MWD. The newsletter will replace the existing paper one.

The revamp to the MWD is due to take place in late spring.