2018-06-14 Financial Objects WG Meeting Minutes

Meeting minutes status: Approved (on 2019/07/25)

Table of Contents

Date/Time

2018-06-14 12:00pm US-EDT

Attendees

Outstanding Action Items

Task report

Looking good, no incomplete tasks.

Agenda

TimeItemWhoNotes from the Meeting
5 minConvene & roll call
15 minFinancial Objects Program Review and Scope

Hammad Akbar

  • Scope
  • Participation model & requirements
  • Use of the WG call - talk about the specific object(s) currently in focus
  • We can always spin off new WGs, if needed
30 min

RFQ Working Group Status Update

  • Source of these structures
    • Opportunities to leverage existing standards (FIX, ISDA) and "slimline" them
    • Matrix of minimal object properties vs trade workflow state
  • Single trade object vs multiple trade objects (e.g. per product or asset class)
    • A single object is a theoretical goal, but it's more likely there's a common "base" and then it gets enriched on a per product, asset class, etc. basis
  • Difference between order and trade object - is there a difference?
    • Very similar, and that's one of the goals of this group - to ask that question
  • Having the flexibility to enrich or slim down the definitions produced by this group is key
  • Looking for true examples in a very specific set of use cases
10 minAOB & adjourn

Hammad Akbar

  • Collaborative model & driving participation
    • Members meeting (June 26th, NYC) and FINOS board meeting (July 11th, London) may be good opportunities to drum up interest

Decisions Made

  • None

Action Items

  • No new action items

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