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
Hello, Could you please clarify 2.45 Example 37 – Zero Coupon Swap Known Amount Schedule. Based on the terms of the example, in which the effective date is 2008-09-18 and the trade date is 2014-11-17, i.e., the effective date is earlier than the trade date, this example describes a backdated trade. Accordingly, we expect the … Continued
Hi dears, Could you please clarify the following questions about tag <rateCutOffDaysOffset> from fpml-ird-5-12 schema: 1. Is the tag <rateCutOffDaysOffset> used for OIS as equivalent of the tag <lockout>, when exists section <resetDates>, instead of section <calculationParameters>? Can the tag <rateCutOffDaysOffset> be applied for floating indexes for Cross Currency fixed/float and for IRS Fixed/Float instruments? … Continued
Hello, Could you please clarify is the <knownAmountSchedule> section from fpml-ird-5-12 only applicable for Zero Coupon transactions with payment frequency 1T? Or it can be presented for all types of transactions? Regards, Iuliia
Hello, Could you please clarify the following questions on the <knownAmountSchedule> section from fpml-ird-5-12 schema? 1. Can the <knownAmountSchedule> section be applied to a floating leg in the IRS fixed/float instrument? 2. When <knownAmountSchedule> section is applied, <calculation> section is not applied? Or there can be simultaneously <knownAmountSchedule> and <calculation> sections in one swap stream?
Hello, Could you please clarify if it is possible to use <stubPeriodType> twice for the one <swapStream> to identify the type of the Initial and Final stubs as in the XML below? … <firstRegularPeriodStartDate>2000-10-05</firstRegularPeriodStartDate> <lastRegularPeriodEndDate>2004-10-05</lastRegularPeriodEndDate> <stubPeriodType>LongInitial</stubPeriodType> <stubPeriodType>ShortFinal</stubPeriodType> <calculationPeriodFrequency> <periodMultiplier>6</periodMultiplier> <period>M</period> <rollConvention>5</rollConvention> </calculationPeriodFrequency> … During the validation of such document via FpML validator by TRADEHEADER there … 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
Hello, Could you please clarify if the presence of the <paymentDaysOffset> element in the cross-currency IRS has an impact on the dates <cashflows>/<principalExchange>/<unadjustedPrincipalExchangeDate> or <cashflows>/<principalExchange>/<adjustedPrincipalExchangeDate>? Or these dates are the Effective date for the initial exchange and the Termination date for the Final exchange and the <paymentDaysOffset> element (if it is present in a <swapStream>) … Continued
KID (Kiribati Dollar) is listed twice, the description of the second one being TVD. Presumably the intention was to list TVD (Tuvalu Dollar) there.
Good day. I have the following question regarding example #30 (2.38). The code snippet is as follows. <relativeEffectiveDate id=”effectiveDate_0_0″> <periodMultiplier>2</periodMultiplier> <period>D</period> <dayType>Business</dayType> <businessDayConvention>NONE</businessDayConvention> <businessCenters> <businessCenter>GBLO</businessCenter> </businessCenters> <dateRelativeTo href=”tradeDate” /> <relativeDateAdjustments> <businessDayConvention>MODFOLLOWING</businessDayConvention> <businessCenters> <businessCenter>GBLO</businessCenter> <businessCenter>USNY</businessCenter> </businessCenters> </relativeDateAdjustments> </relativeEffectiveDate> The questions are next: Why the element that has Xpath /dataDocument/trade/swap/swapStream[1]/calculationPeriodDates/relativeEffectiveDate/businessCenters/businessCenter contains only GBLO business center, and … Continued