FpML Discussion

General FpML Discussion Technical & Implementation Questions Internal Uses of Party & Account

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  • #7149

    I’m curious.

    I’ve seen fpml Party & Account used in a variety of ways when people adopt fpml internally to share trade information around systems.

    Do you use Party for: Legal Entities only, proxys for groups of LEs, business units, desks, branches (BIC-11), and combination of customers & broker, beneficiary & fund, other ?

    Do you use Account for trade books/journals, charts of account, customer account #, membership of exchange/clearing house, CSD account #, IBANs, other ?

    How have you actually used them ?
    What do you think they should really be for ?


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