| eventIdentifier | BusinessEventIdentifier | Individual parties should only use a single event identifier to identify a retraction.
Platforms providing services on behalf of both parties in a transaction may provide
event identifiers for both parties; in this case it is up to the recipient (the trade
repository) to validate that the event IDs refer to the same event.
| Business event identifier. | | 0-∞,
ncf | This is not used in messages to the repository. |
| Choice begin |
| Branch1 |
| Choice begin |
| Branch1 |
| newTradeIdentifier | PartyTradeIdentifier | Indicates a reference to the new trade between the transferee and the remaining party. | | | 1-∞,
mre | |
| Branch2 |
| newTrade | Trade | Indicates the new trade between the transferee and the remaining party. | | | 1-1,
mre | |
| Choice end |
| Branch2 |
| Choice begin |
| Branch1 |
| oldTradeIdentifier | PartyTradeIdentifier | Indicates a reference to the original trade between the transferor and the remaining
party.
| | | 1-∞,
mre | |
| Branch2 |
| oldTrade | Trade | Indicates the original trade between the transferor and the remaining party. | | | 1-1,
mre | |
| Choice end |
| Choice begin |
| Branch1 |
| feeTradeIdentifier | PartyTradeIdentifier | Indicates a reference to the implied trade (the "fee trade") that the associated novation
fee based on. This is equivalent to the new trade that is created by the novation
(between the transferee and the remaining party), but is between the transferor and
the transferee.
| | | 1-1,
mre | |
| Branch2 |
| feeTrade | Trade | Indicates the implied trade (the "fee trade") that the associated novation fee based
on, between the transferor and the transferee.
| | | 1-1,
mre | |
| Choice end |
| Choice begin |
| Branch1 |
| newTradeIdentifier | PartyTradeIdentifier | Indicates a reference to the new trade between the transferee and the remaining party. | | | 1-∞,
mre | |
| Branch2 |
| newTrade | Trade | Indicates the new trade between the transferee and the remaining party. | | | 1-1,
mre | |
| Choice end |
| Branch3 |
| Choice begin |
| Branch1 |
| feeTradeIdentifier | PartyTradeIdentifier | Indicates a reference to the implied trade (the "fee trade") that the associated novation
fee based on. This is equivalent to the new trade that is created by the novation
(between the transferee and the remaining party), but is between the transferor and
the transferee.
| | | 1-1,
mre | |
| Branch2 |
| feeTrade | Trade | Indicates the implied trade (the "fee trade") that the associated novation fee based
on, between the transferor and the transferee.
| | | 1-1,
mre | |
| Choice end |
| Choice begin |
| Branch1 |
| newTradeIdentifier | PartyTradeIdentifier | Indicates a reference to the new trade between the transferee and the remaining party. | | | 1-∞,
mre | |
| Branch2 |
| newTrade | Trade | Indicates the new trade between the transferee and the remaining party. | | | 1-1,
mre | |
| Choice end |
| Choice end |
| transferor | PartyReference | A pointer style reference to a party identifier defined elsewhere in the document.
In a three-way novation the party referenced is the Transferor (outgoing party) in
the novation. The Transferor means a party which transfers by novation to a Transferee
all of its rights, liabilities, duties and obligations with respect to a Remaining
Party. In a four-way novation the party referenced is Transferor 1 which transfers
by novation to Transferee 1 all of its rights, liabilities, duties and obligations
with respect to Transferor 2. ISDA 2004 Novation Term: Transferor (three-way novation)
or Transferor 1 (four-way novation).
| | | 0-1,
mre | |
| transferorAccount | AccountReference | | | | 0-1 | |
| transferee | PartyReference | A pointer style reference to a party identifier defined elsewhere in the document.
In a three-way novation the party referenced is the Transferee (incoming party) in
the novation. Transferee means a party which accepts by way of novation all rights,
liabilities, duties and obligations of a Transferor with respect to a Remaining Party.
In a four-way novation the party referenced is Transferee 1 which accepts by way of
novation the rights, liabilities, duties and obligations of Transferor 1. ISDA 2004
Novation Term: Transferee (three-way novation) or Transferee 1 (four-way novation).
| | | 0-1,
mre | |
| otherTransferee | PartyReference | A pointer style reference to a party identifier defined elsewhere in the document.
In a five-way novation the party referenced is the Transferee's legal entity that
is involved in the settlement of the fee leg of the novation transaction (this might
be a different legal entity than the one that assumes the novation trade). NB: this
element has been added pending confirmation of the business need/context in which
it would be used, and might not appear in a subsequent draft of this schema.
| | | 0-1 | |
| transfereeAccount | AccountReference | | | | 0-1 | |
| otherTransfereeAccount | AccountReference | | | | 0-1 | |
| remainingParty | PartyReference | A pointer style reference to a party identifier defined elsewhere in the document.
In a three-way novation the party referenced is the Remaining Party in the novation.
Remaining Party means a party which consents to a Transferor's transfer by novation
and the acceptance thereof by the Transferee of all of the Transferor's rights, liabilities,
duties and obligations with respect to such Remaining Party under and with respect
of the Novated Amount of a transaction. In a four-way novation the party referenced
is Transferor 2 per the ISDA definition and acts in the role of a Transferor. Transferor
2 transfers by novation to Transferee 2 all of its rights, liabilities, duties and
obligations with respect to Transferor 1. ISDA 2004 Novation Term: Remaining Party
(three-way novation) or Transferor 2 (four-way novation).
| | | 0-1,
mre | |
| remainingPartyAccount | AccountReference | | | | 0-1 | |
| otherRemainingParty | PartyReference | A pointer style reference to a party identifier defined elsewhere in the document.
This element is not applicable in a three-way novation and should be omitted. In a
four-way novation the party referenced is Transferee 2. Transferee 2 means a party
which accepts by way of novation the rights, liabilities, duties and obligations of
Transferor 2. ISDA 2004 Novation Term: Transferee 2 (four-way novation).
| | | 0-1 | |
| otherRemainingPartyAccount | AccountReference | | | | 0-1 | |
| novationDate | xsd:date | Specifies the date that one party's legal obligations with regard to a trade are transferred
to another party. It corresponds to the Novation Date section of the 2004 ISDA Novation
Definitions, section 1.16.
| | | 0-1,
mre | |
| executionDateTime | ExecutionDateTime | The date and time at which the change was agreed. | | | 0-1 | |
| novationTradeDate | xsd:date | Specifies the date the parties agree to assign or novate a Contract. If this element
is not specified, the novationContractDate will be deemed to be the novationDate.
It corresponds to the Novation Trade Date section of the 2004 ISDA Novation Definitions,
section 1.17.
| | | 0-1 | |
| Choice begin |
| Branch1 |
| novatedAmount | Money | The amount which represents the portion of the Old Contract being novated. | | | 1-∞,
mre | |
| remainingAmount | Money | | | | 0-∞ | |
| Branch2 |
| novatedNumberOfOptions | xsd:decimal | | | | 1-1,
mre | |
| remainingNumberOfOptions | xsd:decimal | | | | 0-1 | |
| Branch3 |
| novatedNumberOfUnits | xsd:decimal | | | | 1-1,
mre | |
| remainingNumberOfUnits | xsd:decimal | | | | 0-1 | |
| Choice end |
| fullFirstCalculationPeriod | xsd:boolean | | | | 0-1 | |
| firstPeriodStartDate | FirstPeriodStartDate | | | | 0-2 | |
| nonReliance | Empty | | | | 0-1 | |
| creditDerivativesNotices | CreditDerivativesNotices | | | | 0-1 | |
| contractualDefinitions | ContractualDefinitions | | | | 0-∞ | |
| contractualTermsSupplement | ContractualTermsSupplement | | | | 0-∞ | |
| payment | Payment | Describes a payment made in settlement of the novation. | | | 0-1 | |