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FpML-ASTF NDS proposal and DSWG integration



All, 

 

I just want to bring a discussion point for tomorrow related to the NDS
proposal and a DSWG integration issue with Interest Rate Swaps. DSWG
proposes an extension to the FpML Interest Rate Stream. It adds the
following:
- A settlement currency, to cover settlement in a currency other than the
notional currency.
- An optional settlementRateOption, to record the ISDA SRO used to convert
the payments into the settlement currency.

 

Is the NDS proposal going to be too heavy for this? Do we need a separate
structure to support the DSWG extension?

 

Thanks,

-Marc

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