FpML Issues Tracker

Summary

Please find my feedback on the ext2 extensions:

1. Why is ext:flatOfAccruedInterest a property of the bond contract rather than the price? 2. I thought clean and flat were equivalent? 3. ext:Bond is not a bond but the reference to identify the Bond. This is analgous to the difference between a country definition and a country reference. 4. We could continue to call it a "bond" but the underlying type must refer to it as a "bondReference". The implication of this is that 5. Is a ext:bondContract a single legged transaction or two non-netted legs - cash payment and stock delivery. 6. The xsi:type is TradeCreated but the trade is for ext:bondContract. I find this confusing. Is this allocated contracts or unallocated trades we are dealing with? 7. The important property of a mutual fund is not that it is mutual but that it is securitized. Not all unitized funds are mutual. Mutual is a marketing term in the US market. I suggest "unitizedFundContract" as a more precise alternative.