How can I make SWAPS using FPML

Question

I want to design an efficient & flexible architecture to process Swaps based on a standard financial protocol - FPML (Financial products markup language).

I've researched on internet but didn't find much information. The definitions which I found are:

SWAP (definition):

​Swap refers to an exchange of one financial instrument for another between the parties concerned. This exchange takes place at a predetermined time, as specified in the contract.

FPML​:

FPML (Financial products Markup Language) is the open source XML standard for electronic dealing and processing of OTC derivatives. It establishes the industry protocol for sharing information on, and dealing in, financial derivatives and structured products.

Answer 1

Seems you have got an assignment to complete. I had almost the same thing to build using c# and ms sql.

Few important links and mentioning which will help you.

Few References

http://www.fpml.org

http://www.investinganswers.com/financial-dictionary/optionsderivatives/interest-rate-swap-2252

http://www.investopedia.com/terms/s/swap.asp

http://en.wikipedia.org/wiki/Swap_(finance)

http://www.investopedia.com/terms/e/equityswap.asp

http://www.fpml.org/documents/FpML5-products-framework.pdf

http://www.investopedia.com/articles/optioninvestor/07/swaps.asp

Hope this will help you.

Answer 2

看看下面的stackoverflow发布： http : //bit.ly/python-xml-swap