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Re: FpML-IRD Compounding Method Enum to scheme?




Hi Marc,

I think that the recent addition of the "SpreadExclusive" method to CompoundingMethodEnum demonstrates that the current arrangement is workable. Some concerns were raised on the IRD-WG over forward compatibility (the new method is not available in earlier versions of FpML), however participants agreed that it would be acceptable for a consumer using an older version of FpML to add the new value to their local copy of the schema, if required.

Best regards,
Harry




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FpML-IRD Compounding Method Enum to scheme?





All,
 
Some time ago we discussed at the coordination call the possibility of converting the compounding method enumeration to scheme. http://www.fpml.org/issues/view.php?id=656
 
Participants at the call rejected that saying that the list has been stable so far and that new values should be added/amended if necessary.
 
From members of the IRDWG, I'd like to know whether there are any objections to keep the compounding method as an enumeration.
 
Thanks in advance,
Marc
 
 


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