FpML Issues Tracker
closed
Feature
N/A
Request New Feature
ggurden
iyermakova
Summary
We would like the capFloor product to be extended to include the existing earlyTerminationProvision element to allow early termination provisions to be captured on caps/floors.
An optional earlyTerminationProvision element of type EarlyTerminationProvision should be added to the CapFloor complex type.
Regards Guy Gurden
Notes:
h_mcallister
09/27/06 5:25 am
This is okay with me. We have noted the same requirement at BNP Paribas (although not with high frequency).
mgratacos
11/13/06 3:42 pm
Added ability to specify earlyTerminationProvisions within capFloor & swaption products as agreed by FpML IRDWG. This will be published in the next version of FpML 4.2
ggurden
11/13/06 4:49 pm
Marc – can you confirm you didn’t add this to the swaption product. The WG agreed it would only be added to capFloor and the existing swaption/swap/earlyTerminationProvision would be used for swaptions.
mgratacos
11/13/06 4:54 pm
Guy,
Sorry, we made a mistake. It’s not included within Swaption.
Thanks,
Marc