Hi Ben,
Rule cd-1b says:
cd-1b (Mandatory)
Preconditions: CreditIndex
tradeHeader/tradeDate must be equal or after
creditDefaultSwap/generalTerms/effectiveDate/unadjustedDate.
I’d suggest adjusting the rule to:
cd-1b (Mandatory)
Preconditions: CreditIndex
If creditDefaultSwap/generalTerms/effectiveDate/unadjustedDate
is present, tradeHeader/tradeDate must be equal or after
creditDefaultSwap/generalTerms/effectiveDate/unadjustedDate.
The rationale for this adjustment is that in some index
confirms the effective date is not present since referencing the index and the series
is enough to know the effective date of the index. That’s why is optional
in the schema.
Does this make sense?
Kind Regards,
-Marc
+13472846531
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