FpML Issues Tracker

1263: DecimalFraction

September 12, 2019

closed

Tweak

Always

Architecture

mgratacos

mgratacos

Summary

Hi all,

When we introduced the Percentage and the DecimalFraction types, we agreed to define DecimalFraction as "A type defining a decimal fraction from 0 to 1 (base 1). A percentage of 5% would be represented as 0.05."
Based on that definition we restricted the definition of the type to allow values from 0 to 1 only:
MaxInclusive: 1
MinInclusive: 0
However, for Security Lending we have fractions that may be greater than 1 and/or negative. What should we do for those elements?
  • Should we create a more flexible Decimal Fraction type that allows negative values and values greater than one?
  • Should the security lending elements use xsd:decimal directly?
Let us know what you think.
Thanks,
Marc

Notes:

  • mgratacos

    10/07/19 10:13 am

    Minutes AWG 2019-10-03

    • Agreement to remove the restriction within DecimalFraction.
    • Agreement to create a RestrictedDecimalFraction with the restriction.
    • Action: Marc to update the schema.

  • mgratacos

    10/07/19 10:19 am

    • The schema has been updated.
    • The change will be published in version 5.11 Trial Recommendation.

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