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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

Hello, Could you help with the question regarding the fpml-eq-shared-5-12 schema and its <initialPrice> structure. Inside the <initialPrice> component there is a choice between three mandatory elements that show how the initial price is defined. They are:<determinationMethod>, <EquityPrice.model> and <amountRelativeTo>. FpML Equity swap examples contains the examples when <EquityPrice.model> or <determinationMethod> is used for defining … Continued

We would like to request a new Master Agreement Type code (https://www.fpml.org/coding-scheme/master-agreement-type-3-1.xml) for the TMA Master Agreement https://www.iifm.net/standards/published-standards/hedging-standards/isdaiifm-tahawwut-hedging-master-agreement-tma Proposed code: ISDAIIFM-TMA Description: ISDA/IIFM Tahawwut (Hedging) Master Agreement (TMA) Source: FpML

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

Hello, Could you please clarify which version of ISDA definitions should be used when dealing with fpml-eq-shared-5-12 schema for Return Swap with a Bond underlyer. The definitions of many elements of this schema refer to ISDA 2002 Equity Derivatives Definitions. Is it correct to consider this version of ISDA Equity Derivatives Definitions for other underlying … Continued

Hello, Could you please provide us with the FpML examples for Total return swap instrument with bond single uderlyer ? Thank you in advance. Best regards, Liudmyla    

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