FpML Issues Tracker

119: Day count fraction scheme enumeration inconsistency

August 26, 2005

closed

Minor

Always

Coding Scheme

Admin

mgratacos

Summary

I noticed that in going from FpML 2.0 Recommendation to the FpML 3.0 Trial Recommendation one of the day count fraction enumeration values changed, namely the code in FpML 2.0 ACT/365.ISDA became ACT/ACT.ISDA. The change then appears to have been propagated through to FpML 4.0, 4.1, 4.2 etc. Can anybody recall whether the code was changed intentionally or accidentally. Causes a bit of a backward compatibility issue going from FpML 2.0 to later versions of the Schema.

Guy

Notes:

  • mgratacos

    09/06/05 5:35 pm

    The code was changed accidentally. The Coordination Committee agreed to add documentation at the ACT/ACT.ISDA value but not to change it since this would break existing FpML 4.x implementations.

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