edmcouncil / fibo

The Financial Industry Business Ontology (FIBO) defines the sets of things that are of interest in financial business applications and the ways that those things can relate to one another. In this way, FIBO can give meaning to any data (e.g., spreadsheets, relational databases, XML documents) that describe the business of finance.
https://spec.edmcouncil.org/fibo/
MIT License
314 stars 67 forks source link

DER-130 - Further work in cleaning up lookback contract terms and other definitions in the Exotic Options ontology #1802

Closed ElisaKendall closed 2 years ago

ElisaKendall commented 2 years ago

Signed-off-by: Elisa Kendall ekendall@thematix.com

Description

  1. Cleaned up lookback contract terms - eliminated redundancies including formulas that referenced expressions where only the expressions added value
  2. Eliminated levels of indirection in calculating fixed and floating lookback expressions, reorganized strike terms and revised lookback strike terms to better incorporate the expressions, lookback window, and pricing history used for those calculations
  3. Revised the definition of price structure in IND to add a synonym of price history, and added a new explanatory note and eliminated formatting issues in indicators; continued clean-up of exotic options per FCT discussion
  4. Integrated definitions from the CFI standard where appropriate

Fixes: #1801 / DER-130

Checklist: