Instrument Component Block for SWAPs

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Imported from previous forum

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Has anyone come across trying to describe Swap instruments in Fix?
The INSTRUMENT component block seems to be very specific for the FI world. For instance, what can you use in place of SecurityID/SecurityIDSource tags?

thanks
Vietta

3

Hi Vietta,

if you are really trying to describe instruments such as Swaps and other OTCsS you might
want to look towards FPML (see http://www.fpml.org ) which is a language that is
purpose made for the description of Swaps etc. Whether is it possible to marry up FPML
with FIX and whether it would be desireable to do so is a good question. If you do find you
go down this way I would be very interested in any updates.

Best Regards,
Marcelle

Marcelle von Wendland MSI
UBS AG
Global Asset Mgmt
B&IT Asset Mgmt
Gessnerallee 3-5
8098 Zürich
Switzerland

Email…: Marcelle.von-Wendland@ubs.com
Tel…: +41 1 2345710
Fax…: +41 1 2354639

> Has anyone come across trying to describe Swap instruments in Fix?
> The INSTRUMENT component block seems to be very specific for the FI world. For instance, what can you use in place of SecurityID/SecurityIDSource tags?
>
>
> thanks
> Vietta
>
>