FpML FX WG is looking for Valid WG advice on how to restrict the values of “pointsMultiplier” (below) to 10^x (1, 0.1, 0.01, 0.001, 0.0001, etc)
· a fix factor for the forward points (“/fpml-fx-5-0.xsd”):
- Within ‘ExchangeRate’, refactored an existing element ‘forwardPoints’ with a new complex type ‘ForwardPoints’ that includes ‘points’ of type ‘xsd:decimal’ and an optionally ‘pointsMultiplier’ (as a scaling factor for those points) of type ‘PositiveDecimal’.
This would allow to express fwd points in adjusted/ non adjusted form.
- If the ‘pointsMultiplier’ is 1, then the fwd points are non adjusted.
- If the ‘pointsMultiplier’ is a fractional number, then forward points are adjusted, according to the scaling factor/fwd tick size for the orientation of the quoteBasis.
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