FpML Issues Tracker
closed
Minor
Always
Coding Scheme
Admin
mgratacos
Summary
credit-seniority-trading is a coding scheme that contains two values - its contents declare that it "Specifies the seniority of the reference obligation used in a single name credit default swap trade".
There is however no defined type in FpML that lists this coding scheme as its default. So we do not know if there is something missing in the schema, or if the coding scheme is not needed.
Notes:
mgratacos
10/31/06 3:25 am
credit seniority trading scheme overrides credit seniority scheme when the underlyer defines the reference obligation used in a single name credit default swap trade.
mgratacos
11/14/06 5:09 pm
Documentation has been updated in the coding scheme. Currently there is a mechanism to show that a scheme provided by FpML may be overriden by another scheme also provided by FpML.