FpML Issues Tracker
closed
Minor
Always
Modeling Task Force
Admin
BrianLynn
Summary
The Short Form versus the Long Form of a contract should be standardized across the instrument classes. At the moment each instrument class does this differently.
# EQD - has separate complex types for Short Form and Long Form. # CDS - has one type and lots of constraints (validation rules) on a ShortForm precondition # IRD - not clear to me how it happens.
The CDS approach has the downside of a lot of rules to reproduce what could be done in the schema. This contradicts the AWG principle of expressing in schema in preference to validation rules where there is a choice.
Notes:
lyteck
09/05/08 8:52 pm
The EQDWG decided not modify the way short/long forms are modeled.
The MTF (2008-09-05) accepts the decision and agrees not to pursue the standardization further.