Author: ddui_barcap

Some examples use “ACT/ACT” daycount fraction. This value is not present in the scheme. It should probably be one of ACT/ACT.ICMA, ACT/ACT.ISDA, etc.

CompoundingMethodEnum allows these three values: Flat None Straight Is there a reason why this is an enum and not a scheme? To my knowledge there are more than three compounding methods used in the market. For example: “Flat” in FpML is what’s sometime called “ISDA Flat” eslewhere. I.e. compounding excludes the spread, except for the … Continued

In file fpml-shared-4-3.xsd, complex type RelativeDateOffset . The annotation reads: … the derived date *my* simply be a number of calendar periods … It obviously should read: … the derived date *may* simply be a number of calendar periods …

It now reads: … There can only be two domain values for this element: “aboveTrigger” or “belowTrigger”. The values are actually “Above” and “Below” as defined in type TriggerConditionEnum . I suggets to reword the annotation as follows: The condition that applies to a European-style trigger. It determines where the rate at expiry date and … Continued

There seem to be strange characters in the annotations in German. Apparently they make some tools choke. Example: fpml-shared-4-3.xsd Sofern nicht anderweitig festgelegt, das Haupt-Clearingsystem, das blicherweise fr die Regulierung von Geschften im entsprechenden Basiswert verwendet wird. I am not sure if this is a bug in the tools or in the schema. Same problem … Continued

The annotation reads as follows: “This message is DEPRECATED and should not be used in new implementations. See ContractCreated. A notification to inform downstream systems when a system that acts as source of trade information detects that a trade has been modified.” Why should ContractCreated be used in place of TradeAmended? Should it not be … Continued