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FpML-VALU40 Updated schema



I've updated the PRWG schema with the following changes, mostly per the
7/13
meeting:

1) Pricing Structure Point:
- Changed element "definition" to a group with a choice of
"underlyingAsset"
or "underlyingAssetReference", to clarify the meaning and allow the asset
to
be included or reference.

2) Credit Curve/Characteristics
- Made several parameters in Credit Curve Characteristics optional.
- Changed "recoveryRate" to allow either a single value or a term curve.

3) Asset
- Added SimpleCreditDefaultSwap type and a corresponding global element,
with:
	* mandatory credit entity (e.g. referenceEntity)
	* mandatory term
	* optional payment frequency
- To support this, moved "CreditEntity.model" from mktenv to asset.


4) Valuation Set
- Changed "marketDataIncluded" boolean to a "ValuationSetDetail", a scheme
for specifying how much data is/should be provided in the valuation set.


Examples have not changed.  I checked that they still validate.


Brian Lynn, CTO
Global Electronic Markets, http://global-emarkets.com
High-speed FpML matching, reconciliation, and validation:
http://fpml-mediator.com
 

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