FpML Issues Tracker
closed
Major
Have not tried
Commodities
cavalan
iyermakova
Summary
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
Notes:
lyteck
04/18/18 11:49 am
ticket assigned
iyermakova
05/09/18 11:43 am
Hi Anthony,
FpML Comm WG was looking at developing physically settled Agricultural leg in 2012, but the proposed model was based on very limited set of information, as there were no real samples confirmations submitted at that time and the group could not move forward with the agriculturalPhysicalLeg proposal without seeing/validating the proposed model against the real confirms.
I you are interested, please provide us with a set of examples and an initial proposal.
Thank you,
Irina Yermakova
iyermakova
07/09/18 4:53 pm
Hi Anthony,
FYI, The FpML Standards Committee approved the start of a new working group which will further develop and maintain the FpML product architecture. The FpML Cross Asset Class Product Working Group will deal with open product questions for all asset classes. In addition the group will be responsible for any product model extensions.
The kick-off meeting is planned before the end of July 2018.
To participate in the working group, please sign up at: http://www.fpml.org/join-working-groups (Click “Request” to be added to the “FpML-XAPWG: FpML Cross Asset Class Product Working Group”)
Best regards,
Irina Yermakova
iyermakova
07/11/18 3:42 pm
This issue is closed. The solution to the issue is provided: join the FpML-XAPWG, provide the WG with discussion materials, such as set of examples and an initial proposal.