Good afternoon. In the FpML equityOption scheme, there is the following construction (choice) between two elements: automaticExercise and prePayment. Everything is clear with automatic exercise. But regarding the second element of prePayment, do I understand it correctly, that it can be applied when we manually (rather than automatically) exercise option and we already know the … Continued
Good afternoon. In the FpML equityOption scheme there is a following construction (choice) between two elements: futuresPriceValuation and optionsPriceValuation. Questions: 1) is it true that if the equityValuation/futuresPriceValuation element is present in the FpML document (with value “true”), the equityValuation/valuationTimeType element will not be present? 2) In ISDA 2002 I found a description regarding the … Continued
Good day. I have the following questions regarding the creditDefaultSwap scheme: 1) referencePrice – why it is mandatory according to cd-24 validation rule? Section 5.6. Credit Derivatives ISDA 2014 says: “Reference Price. “Reference Price” means the percentage specified as such in the related Confirmation (or, if no such percentage is specified, one hundred per … Continued
Good day. Why according to the scheme “creditDefaultSwap” the element scheduledTerminationDate is not mandatory? If it is not mandatory, which element may be used as the identifier of the end of the term of the credit swap contract? Thank you. Regards, Maksym
Good day. I have the following questions about the scheme equityOption: 1) why is the notional element not mandatory according to this scheme? The reason for this is that we can calculate it due to the presence of other elements, for example: strikePrice, numberOfOptions, optionEntitlement ? 2) can a notional element be present in … Continued
Good day, I have the following question regarding the calculation agent in the CreditDefaultSwap scheme. As you know, starting with ISDA 1999 and ending in 2014, the term calculationAgent, which takes part in many important processes, was often referred to. In FpML version 5.12 (confirmation), there is no such element for creditDefaultSwap. In contrast, … Continued
Good afternoon, I have a question about the FloatingRate.model section, which is located in the floatingRateCalculation section. 1) Do I understand correctly that this section is used to explicitly provide information about what actually happened with the reference rates, i.e. to provide clear dates and rate values for these dates that were previously provided … Continued
Good day ! I have a question regarding the observationShift section, in particular the observationPeriodDates element. The element contains three options: SetInAdvance, Standard, FixingDate. Everything seems clear with the SetInAdvance value, but there are questions about the other two. 1) Can you explain with an example what “Standard” actually means? Am I correct in … Continued
Good day ! I have a question regarding the observationShift section, in particular the observationPeriodDates element. The element contains three options: SetInAdvance, Standard, FixingDate. Everything seems clear with the SetInAdvance value, but there are questions about the other two. 1) Can you explain with an example what “Standard” actually means? Am I correct in … Continued
In the scheme for the swap, I did not find a separate element for determining the clearing organization that will clear the trade. I found such a place in the swaption, and there was a separate element for it (ticket 1311 was created). Q: Can I use xpath /dataDocument/trade/tradeHeader/partyTradeInformation/relatedParty/role with the value “ClearingOrganization” to define … Continued