The repricingDate annotation looks a copy from the maturityDate in FpML 5.10. Both annotations state: “The maturity date of the loan contract. In the case of a PRIME-based loan, this field should be set to the maturity date of the facility.” I think the repricingDate annotation needs to be corrected.
In the 5.9 TR record keeping view the definition of the PaymentDetail looks to have been extended to support other ways of expressing collateral amounts. The paymentRule element is a typed with an abstract complex type with no content and which has a single derived type PercentageRule. Its not clear what the intention was here. Are users … Continued
Hi, For a physically delivered Commodity swap, where is the Agriculture leg in the structure? (Similar to Oil Physical Legs, Gas etc). Note – For non-deliverable/cash settled Agriculture swap, we use the FloatingLegs structure successfully. Regards, Anthony
There seems to be an issue with the categoryScheme that is used to specify the TradeCategory: As part of the on-line documentation ( http://www.fpml.org/spec/coding-scheme/ ), it is stated as corresponding to the type of organisation, instead of ‘trade user-defined categories, such as house trades vs. customer trades’ as specified as part of the TradeCategory type. It … Continued
Code value “Percentage” in price-quote-units scheme has description: “A percentage values (sic) expressed as a decimal, i.e. .05 means 5%.” Contrast with “Rate”, documented as: “A yield (typically an interest rate) expressed as a decimal. I.e. 0.05 means 5%.” The Rate definition is consistent with the FpML convention of representing rates as absolute values (so … Continued
Location: Online documentation/FpML Schemes/Section 6 External Scheme definitions/6.204 partyIdScheme The canonical Scheme Identification for partyIdScheme is documented as URI http://www.fpml.org/coding-scheme/external/iso9362 (BIC Code). This is long superseded – the canonical URI should be http://www.fpml.org/coding-scheme/external/iso17442 (LEI) The Alternate Scheme URI http://www.fpml.org/coding-scheme/external/iso10383 is documented (insufficiently) as “For a Trading Venue”. The documentation should make clear that this is … Continued
It looks like “feeTrade” annotation is taken from “oldTrade”. Please provide a correct annotation for the “feeTrade” element.
File: fpml-loan.xsd Line: 1860 Issue: <xsd:element name=”pikSpread” default=”xsd:decimal” minOccurs=”0″ /> should be <xsd:element name=”pikSpread” type=”xsd:decimal” minOccurs=”0″ />
The notionalAmount and settlementAmount in the FxFlexibleForward should be changed from PositiveMoney to NonNegativeMoney in views used for regulatory reporting to allow a zero value to be stored. Unlike other FX products these products are periodically updated in regulatory reports as the buyer takes up the underlying currency. The notionals are changed to reflect the … Continued
In Confirmation View 5.9, averagePriceLeg element, tags like commodity, quantityReference, pricingStartDate and calculation are mandatory. In Recordkeeping View 5.5 and 5.9, these fields are optional. I require information on the type of data that are expected to be populated in the tags of commodity, quantityReference, pricingStartDate and calculation. What would be the format of the data … Continued