FpML Issues Tracker

Summary

Rule cd-4 use the term "substring" incorrectly:

cd-3 (Mandatory) Preconditions: ISDA1999 documentation/contractualSupplement must not begin with the substring ISDA2003Credit.

"ISDA2003Credit" is a type of String. It is not a type of Substring. In popular usage by IT people Substring is a function or comparator. In plain English a substring is something that isn't quite a string. The wording of the rule in FpML neither matches the dictionary nor IT usage.

The text should say: cd-3 (Mandatory) Preconditions: ISDA1999 The content of documentation/contractualSupplement must not begin with the string "ISDA2003Credit".

Adopting this more accurate text would mean that the rule is more naturally intelligible to a broader audience.