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agartush
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Summary
In the fpml repo model, how do we distinguish between a repo and a reverse repo trade. what would be the ISDA product type for Repo and Reverse repo
closed
Major
Always
Repo
agartush
None
In the fpml repo model, how do we distinguish between a repo and a reverse repo trade. what would be the ISDA product type for Repo and Reverse repo
Notes:
JasonPolis
09/13/22 6:39 am
Reverse Repo is a term used when the side that usually buys in the near leg instead sells it.
The fpml:Repo type explicitly specifies the buyer and seller on both the nearLeg and farLeg.
The productType would be Repo under productTypeScheme http://www.fpml.org/coding-scheme/product-type-simple
Repo is not in ISDA’s http://www.fpml.org/coding-scheme/product-taxonomy because it’s not an Over The Counter Derivative.
Some parties want to classify this as a different product to a Repo and can do so using a bespoke scheme.
JasonPolis
09/28/22 11:36 am
Request for Information. Closed.
Duplicates Forum topic: Repo vs Reverse Repo – FpML
jbaserba
01/12/23 6:32 am
Closed as described in previous comment.