* Present Jim Brous, Metro Solutions James Clark, SwapsWire Marc Gratacos, ISDA Andrew Parry, JP Morgan ( Chair ) Henri Pegeron, DTCC Irina Yermakova, ISDA * Apologies Piers Evans, SwapsWire Robert Masri, DTCC * Minutes FpML is far more widely used in the vendor, consultancy and user communities than we recognise in the experience of JB and AP. We will survey, and publish the results on the FpML web site, in the manner of FIX PE has contacted Robert Stowsky regarding property index derivatives, and provided a link to the transaction supplement on the the ISDA website. ISDA Option on Variance Swap documentation is a priority, but secondary to meeting current FED commitments [ participants 15 May 2007 letter attached ] MG already has experience of working with the Validation WG to implement explicit rule context, firstly to correct IRD rules, and will do the same for our EQD rules MG and BL have removed deprecated types from the FpML-5-0 branch, and made the build system more robust HP has built the FpML-5-0 for the confirmation view, RM has evaluated the build. The FpML web tool being built by Lytech can diff views. DTCC would most likely extend the confirmation view We agreed to remove the equity prefix on element names, and will go on to refactoring complex types, and reviewing annotation for each view in future meetings * Decisions 1. Explicit context will resolve issues 553, 554, 555, 556, 557 2. Remove "equity" prefix from element names 3. Next meeting 1400 LDN Fri 07 March 2008 * Actions JB survey vendors, consultancies, and users for FpML usage MG work with Validation WG to implement resolution for issues 553, 554, 555, 556, 557 AP contain telephone conference provider to obtain US domestic dial in number AP rebranch from FpML-5-0 branch AP remove equity prefix on element names AP prepare proposal to refactor exercise as per issue 295 IY FpML list subscription ( Vinod Jain of Headstrong, Joshua Derrick of SWIFT, Sam Twum from Blue Tawny ) Regards Andrew Parry +44 20 7325 1486 Exotics and Hybrids Architecture JP Morgan ----------------------------------------- This communication is for informational purposes only. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. All market prices, data and other information are not warranted as to completeness or accuracy and are subject to change without notice. Any comments or statements made herein do not necessarily reflect those of JPMorgan Chase & Co., its subsidiaries and affiliates. This transmission may contain information that is privileged, confidential, legally privileged, and/or exempt from disclosure under applicable law. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution, or use of the information contained herein (including any reliance thereon) is STRICTLY PROHIBITED. Although this transmission and any attachments are believed to be free of any virus or other defect that might affect any computer system into which it is received and opened, it is the responsibility of the recipient to ensure that it is virus free and no responsibility is accepted by JPMorgan Chase & Co., its subsidiaries and affiliates, as applicable, for any loss or damage arising in any way from its use. If you received this transmission in error, please immediately contact the sender and destroy the material in its entirety, whether in electronic or hard copy format. Thank you. Please refer to http://www.jpmorgan.com/pages/disclosures for disclosures relating to UK legal entities.
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