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finos / financial-objects

FINOS Financial Objects Program Documentation
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Structured Products in CDM #88

Closed ffionwiggins closed 2 years ago

ffionwiggins commented 3 years ago

Fragmos Chain are exploring the feasibility of building the first structured product qualifiers in CDM using a bottoms up approach combining already available payouts to model the more complex payouts

Description of Problem:

Today the CDM has representation for vanilla products across the five key derivative asset classes but is yet to define more complex payouts. As the industry progresses to adopt the CDM in trade processing more complex products will need to be supported and will offer the industry well defined standards that haven't been available to date.

Potential Solutions:

Fragmos Chain believes most of the building blocks are already available in the current state of the CDM. Expected work would mainly consist of moving/replicating existing items with some selective amendments, rather than creating many new items. The group would work together to validate this and build the code to define specific structured products of interest.

ffionwiggins commented 2 years ago

Structured Products Working Group has been agreed and will be started soon