FpML Issues Tracker
closed
Major
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Modeling Task Force
Admin
apparry
Summary
Modeling change recommendation: Eliminate use of substitution groups in favor of choices with a restricted list of values for underlying assets, similar to the reference obligation for CDS.
Notes:
iyermakova
12/07/07 8:21 pm
Reviewed at Modeling Task Force on 11/30/2007. Assigned the issue to EQD Working Group.
iyermakova
07/29/08 1:18 pm
EQD WG has reviewed this recommendation and decided not to adopt it.
The reasons:
“We need to provide an extension mechanism which is visible at design time ( substitution ), as opposed to run time ( xsi:type ) to a select group that understand the technique, and can identify the types which can be used at run time
A choice group is not extensible, and on extension it is part of the base class, which discourages use of FpML as a library”
lyteck
08/04/08 3:06 pm
The MTF decided not to pursue the issue further (8/01/08 meeting)
iyermakova
08/06/08 1:24 pm
As per MTF decision 8/01/08 meeting)