ISDA has published FpML 5.9 Second Working Draft

Changes compared to FpML 5.9 Working Draft 1 (build#1)

• Regulatory Reporting:
  
  • SEC SBSR Pricing Context - added a new pricingContext field within tradeHeader/partyTradeInformation to explain the trading or contractual context in which the price was evaluated. The field will be populated when one of the “Pricing Context” defined in http://www.fpml.org/coding-scheme/pricing-context applies.
  • SEC SBSR Unique Identification Code (UIC) - added an example to illustrate support for UIC (requirement for a SBSDR to obtain information from the non-reporting side of a SBS. See Recordkeeping example ex146.
  • Joint and Several Liability - Defined a default coding scheme for groupType (partyGroupTypeScheme with default URI http://www.fpml.org/coding-scheme/party-group-type and initial value JointAndSeveralLiability)
• Business Process:
  
  • Added support for barrier and digital option events.