What should do on this?
I personally think we should limit it to 2. I don’t see a strong reason
for not doing that. If someone comes up with a case needing more than 2
sides, we’ll go back to maxOccurs=unbounded.
What do other people think?
Best Regards,
-Marc
+1-212-901-6028
_____
From: matthew.d.rawlings@xxxxxxxxxxxx [mailto:matthew.d.rawlings@jpmchase.
com]
Sent: Thursday, January 12, 2006 3:38 PM
To: mwg@xxxxxxxxxxxxxxxxxxxxxx
Subject: RE: FpML-MWG40 tradeSide issue
Maybe we need to be clearer that additional fees aren't legs?
Matthew Rawlings
+44 791 539 7824
Brian Lynn <brian.lynn@xxxxxxxxxxxxxxxxxxx>
11/01/2006 20:37
Please respond to mwg
To: mwg@xxxxxxxxxxxxxxxxxxxxxx
cc: matthew.d.rawlings@xxxxxxxxxxxx
Subject: RE: FpML-MWG40 tradeSide issue
Usually a swap with three streams or more will still involve the same two
sides. On the other hand, sometimes there are additional fees or payments
with a different party, and this might involve additional sides.
(Occasionally firms will represent these additional payments as additional
streams, contradicting my first comment). For this reason I think that
you can't necessarily constrain the number of sides, though it would be
reasonably rare that you would need more than two.
Brian Lynn, CTO
Global Electronic Markets, <http://global-emarkets.com/>
http://global-emarkets.com
High-speed FpML matching, reconciliation, and validation:
<http://fpml-mediator.com/> http://fpml-mediator.com
_____
From: Marc Gratacos [mailto:MGratacos@xxxxxxxx]
Sent: Wednesday, January 11, 2006 3:25 PM
To: mwg@xxxxxxxxxxxxxxxxxxxxxx
Cc: matthew.d.rawlings@xxxxxxxxxxxx
Subject: FpML-MWG40 tradeSide issue
All,
See tradeSide issue reported by Matthew Rawlings:
"The cardinality of tradeSide under trade ( //trade/tradeSide), should be
"0..2". Currently the cardinality is 0 to unlimited."
<http://www.fpml.org/issues/view.php?id=158>
http://www.fpml.org/issues/view.php?id=158
Wouldn't be possible to have a swap with, for example, three or more
streams, each one having a different tradeSide?
Let me know your opinion on this.
Thanks a lot,
-Marc
<<attachment: winmail.dat>>