FpML Issues Tracker

1051: Rule fx-50 has the wrong context

April 14, 2011

closed

Minor

Have not tried

Validation Rules

Admin

danieldui

Summary

The context for the rule should be 'FxSwapLeg'.

A similar rule fx-20 exists for FxSingleLeg.

Notes:

  • danieldui

    04/19/11 2:44 pm

    Discussed on 19 Apr 2011.

    ACTION on Irina to update rule fx-50 as AJ suggested

  • iyermakova

    04/20/11 2:31 pm

    It seems that the fx-50 has the right context.
    Should fx-20 and fx-50 be consolidated into one fx-20 rule with two examples, one for FX Single Leg and one for FX Swap? They both share the same “FxSwapLeg” type.

  • danieldui

    04/20/11 2:46 pm

    I don’t think so.

    My understanding is that:

    fx-20 checks spot fx trades. I.e., the context should be FxSingleLeg, which is used in the element fxSingleLeg.

    fx-50 checks fx swaps. I.e., the context should be FxSwapLeg, which is used in elements …/fxSwap/nearLeg and …/fxSwap/farLeg.

    Andrew, can you confirm?

  • iyermakova

    05/10/11 7:33 pm

    Corrected rule-50: changed the context to ‘FxSwapLeg’.
    The correction will be published with FpML-5-2

  • iyermakova

    05/17/11 5:12 pm

    Added DD’s comments to rules fx-20, fx-50 as below
    “This rule is similar in its implementation to the rule fx-50, but used for a different type of FX product.”

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