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RE: FpML-EQD FpML EQD WG Agenda 14:00 LDN Fri 05 Mar 2010



All,

 

Please consider adding Marios Karahannas to the Equity FpML working group as an observer for MarkitSERV. Please find a short bio below:

 

Marios Karahannas has joined the Business Analysis team at MarkitSERV to work on MarkitWire, focusing on Equity Derivatives. He will be reviewing master confirmation agreements with the view of implementing these within FpML. He has worked at Integrated Alternative Investments, Barclays Global Investors and Royal London Asset Management. He holds Ph.D. and M.Phil. degrees from Cambridge University and a B.Eng. degree from Imperial College, London.

 

James Clark

Director

 

MarkitSERV

 

Cottons Centre

Level 3

Cottons Lane   

London, SE1 2QL

+44 (0) 20 3367 0315    Office

+44 (0) 7584 214986     Mobile

+44 (0) 20 3367 0301    Fax

 

james.clark@xxxxxxxxxxxxxx

www.markitserv.com

 


From: eqdwg@xxxxxxxx [mailto:eqdwg@xxxxxxxx] On Behalf Of Andrew P Parry
Sent: 04 March 2010 14:00
To: fpml eqdwg (eqdwg@xxxxxxxx)
Subject: FpML-EQD FpML EQD WG Agenda 14:00 LDN Fri 05 Mar 2010
Importance: High

 

* Telephone Conference

 

US: 1 888 481 3032

UK: 0 800 904 7961

Intl: 1 617 801 9600

 

Participant code: 8682747

 

 

* Agenda

 

=== 1. Action items from our meeting 14:00 LDN Fri 19 Feb 2010 ===

 

All comment on visibility of FpML-4-7 release note in mainstream and specialist press

 

TA examine ( Client ) Index Swap re: Compounding Method proposal

TA, JC confirm MarkItSERV perspective on coding scheme convention

 

IY approval from Std Ctte to add one additional value to be added to an Enumerated type in support of EU ( Client ) Index Swap

IY resend coding scheme changes to the group

 

 

=== 2. FpML-4-7 Release Feeback ===

 

Adoption by Service Providers and Market Participants

 

 

=== 3. Reference Data ( Coding Scheme ) Changes ===

 

3.1 master-confirmation-type

 

IY "I noticed inconsistency in the naming of the Geographic Zone in the string value proposed. It also has a discrepancy with the Legal documentation.  (Geographic Zone =Americas, European, Japanese, Asia Excluding Japan, Pan Asia)"

 

3.2 master-confirmation-annex-type

 

IY "Katherine [ Darras ] asked us before the publication re implications on the electronic platforms  stating “If I publish the attached as 2009 Pan Asia (revised Feb 22, 2010)….”. We responded that’d be OK but we’d need to consider revising the MCA string. Then we found the actual publication does not have ‘revised’ in the title, and the term ‘updated’ is used in the ( ). Our initial reaction was simply  that if the contents of the existing sections haven’t changed, then we would not need a new string,  but after further internal chat we have decided to raise this with you/WG as to whether other parties  agree and/or whether there’s a precedence."

 

 

=== 4. ISDA Legal Drafting Developments ===

 

Legacy Legal Drafting

 

4.1 EU Fair Value Swap Drafts

4.2 EU Share Div Swap Drafts

 

 

=== 5. FpML-4-8 Content and Release Schedule ===

 

Checkpoint and update as required

 

 

=== 6. NY Fed OTC ===

 

6.1 Operational Efficiency ( Current vs. New Target )

6.2 Product Scope ( G14 vs. All, G14 vs. G14 )

6.3 Non Numerical Targets ( ISDA 2010, Trade Reporting, CFM )

 

 

=== 7. Next Meeting ===

 

7.1 14:00 LDN Fri 19 March

7.2 TBC ( note Easter )

 

 

=== 8. AOB ===

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