Trial Recommendation of FpML Version 4.7

ISDA has published the Trial Recommendation for FpML Version 4.7. The Trial Recommendation is available on the FpML website in the Specifications section at: http://www.fpml.org/spec/fpml-4-7-5-tr-1
The following is an overview of the changes compared with the FpML 4.7 Last Call Working Draft which was published on November 20, 2009:

• Equity Derivatives:
• Added settlement price default election to fully support the 2009 AEJ Closed Markets MCA.
• Added support for Multiple Exchange Annex ( MEA ) II.
• Coding Schemes:
• The following schemes have been added:
• MultipleExchangeAnnex
• SettlementPriceDefaultElection 
• The following schemes have been updated:
• MasterConfirmationType
• MasterConfirmationAnnexType

More information on the timing of version 4.7 and the coverage and timing of future versions can be found in the FpML roadmap: http://www.fpml.org/roadmap/roadmap.pdf. 
Please send your comments to us by filling in the form at http://www.fpml.org/issues. 

FpML Team