Doc.xsd includes legal.xsd Legal.xsd includes doc.xsd Although XML Schema permits schema to include each other, the FpML Architecture 3.1 prohibits this. https://cdn.fpml.org/spec/fpml-arch-3-1-rec-5/html/index2.html#s2.3.2.1
Known issues with examples in 5-13-7-REC-1. XAPWG to decide how to resolve each one. Payment/calculation dates reference pointing to a PrincipalExchange or TerminationDate. ird-ex29-non-deliverable-settlement-swap.xml ird-ex31-non-deliverable-settlement-swap.xml ird-ex33-BRL-CDI-swap.xml Roll convention “NONE” with calculation period “M” (relative dates sample). ird-ex30-swap-comp-avg-relative-date.xml Compounding method + fixed rate schedule in the fixed leg . ird-ex53-xccy-swap-OIS.xml ird-ex58-xccy-swap-lookback_compound.xml ird-ex61-trs-single-underlyer.xml ird-ex62-trs-single-underlyer-short.xml … Continued
Outstanding comment in issue that may require further consideration: line 1061 <!– requested action? ( retain records, purge records ) –> <xsd:element name=”withdrawalReason” minOccurs=”0″ type=”NormalizedString”></xsd:element> fpml-recordkeeping-processes-5-13.xsd visible in Recordkeeping view and transparency.
On discussing quantity frequency at RTPWG today, spotted that element “quantityFrequency” in RegulatoryReportingNonCDESizeFields.model and PublicReportingNonCDESizeFields.model has type of NonNegativeDecimal, but ought to be of type Frequency or a scheme type like CommodityQuantityFrequency. Documentation is also required for all elements is also required.
Consider whether using a base IRI may be beneficial for shortening scheme IRIs. A default base IRI of http://www.fpml.org/coding-scheme/ could allow shortening of FpML schemes, such as party role: <role partyRoleScheme=”http://www.fpml.org/coding-scheme/party-role”> shortened to <role partyRoleScheme=”party-role”> or of FpML references to external schemes, such as UTI: <tradeId tradeIdScheme=”http://www.fpml.org/coding-scheme/external/unique-transaction-identifier”> shortened to <tradeId tradeIdScheme=”external/unique-transaction-identifier”> It should be possible … Continued
Guy Gurden requested on XAPWG mailing list: businessCenterScheme – Descriptions need updating to additionally reference 2021 ISDA Definitions where applicable – FpML
A few firms have reported to MarkitWire a discrepancy in the market for Brazilian swaps between bilateral and cleared transactions. This overnight rate has a daily reset, so should fall on a good Brazil business day as per EMTA-ISDA market practice. Some clearing houses believe this reset date should be unadjusted. Reported by Amanda Murray, … Continued
Examples of EBA portfolio benchmarking for FRTB The Fundamental Review of the Trading Book (FRTB) Propose the inclusion of the EBA Portfolio as FPML examples.
Kathy McFadden of ISDA reports that ANNA DSB request access to Commodity Reference Price (CRP) coding scheme in advance of the scheduled Aug 7th publication of CRP and Agriculture files to industry.
Mei Chen of Barclays asks if there is wider interest in standardising Autocallable and Autocallable OTC equity exotic as a product on their own. ISDA has drafted standard confirmation templates, but has received limited feedback so far. For autocallable (OTC) , though it is not compulsory to have a put in it, put is the … Continued