RE: FpML-Com Reminder: FpML Commodity Working Group call today (Friday 7 August) at 15:00 LON / 10:00 NYC

[Marc Gratacos <MGratacos@xxxxxxxx>]

Hi,

Could we also discuss the addition of commodity products to the list of FpML product types http://www.fpml.org/coding-scheme/product-type-simple-1-2.xml ?

Thanks,
Marc

________________________________________
From: commwg@xxxxxxxx [commwg@xxxxxxxx] On Behalf Of Owen King [owen.king@xxxxxxxxxx]
Sent: Friday, August 07, 2009 10:40 AM
To: commwg@xxxxxxxx
Subject: FpML-Com Reminder: FpML Commodity Working Group call today (Friday 7 August) at 15:00 LON / 10:00 NYC

All,

Please note that there is a call today at 15:00 London / 10:00 New York.


AGENDA:

1. Minutes / Actions from last call (attached)


2. Physical Options

  - Structural overview of attached proposal
    + Similar to financial model but with commodity underlyer replaced
with choice of commodity-specific physical settlement elements
    + General product element and type (commodityPhysicalOption) versus
commodity-specific products.
    + How should daily expiring options be modelled?

  - Business questions
    + Can Bullion options include multiple deliveries?
    + Are variable quantity (min/max) options traded (gas)?
    + Can the Delivery Period start date be relative to the Exercise
date?


3. AOB


Dial in details:

US: 1 888 481 3032

UK: 0 800 904 7961

Intl: 1 617 801 9600

Participant Code: 52016709


Regards,

Owen King
+44 20 7071 0137



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