Author: Admin

Make element partyId maxOccurs unbounded to support multiple party ids within a party.

Some types were defined were FX capital X while otheres were Fx. The Architecture Specification 1.0 and 2.0 suggests using Fx lower case.

Need for Views. Rearranging the FpML schema -> using a chameleon style design, we will have a shared layer without namespace and different views subschemas with its own namespace. Use the substitution group concept to select which “view” of product would be needed for a particular message (e.g. have different substitution groups for pre-trade, confirmation, … Continued

Schema namespace URI contains a version number. This makes it hard to migrate to new versions of the spec, because XPath expressions need to bind to a URI.

Allow adjusted dates to be supplied for adjustable dates

Allow swap streams of different types in the same swap. Revise equity swap to something more generic (to better indicate support for total return swaps, asset swaps, etc.)

In the FpML 4.1 Trial Recommendation, 6.3 Credit Derivative Product Architecture/generalTerms we read (my *emphasis*): “A referenceObligation element has either a bond or a convertibleBond as one of its child elements… The instrumentId element is used to specify CUSIP/ISIN. The *optional* instrumentIdScheme is used to specify whether the id provided is a CUSIP or an … Continued

Hi all, just a short email about some minor typos we ran across while working on the last FpML spec. located in the Enum schema: 1.–ttp instead of http in: FrequencyTypeEnum/Day (source attribute) IndexEventConsequenceEnum/CalculationAgentAdjustment (source attribute) IndexEventConsequenceEnum/NegotiatedCloseOut (source attribute) MergerEventConsequenceEnum/AlternativeObligation (source attribute) 2.–FrequencyTypeEnum: 2.1–The schedule frequency type => source=”http://www.FpML.org” is missing 2.2–TBD in the body … Continued

The Novation Ageement messages in LCWD 4.1 don’t have anywhere to specify whether Non-Reliance is applicable/not applicable. Non-Reliance appears in the Section 6 Miscellaneous section of the ISDA Novation templates and defined in Section 2.1 (c) of the 2004 ISDA Novation Definitions and discussed in the User’s Guide to the Defns in Point 8 F. … Continued

The existing DayCountFractionEnum enumeration allows only 8 different day count bases to be selected from. A group of hedge funds developing an FpML data feed specification requires at least 38 day count bases to be allowed. (see attachment). With the existing enumeration, it is almost impossible to extend this type in place. Therefore, we request … Continued