interchange-schema-registry/Registry/FpML/5.0.0/confirmation/validation/invalid-testcases/invalid-ird-41-01.xml

A Global Schema Registry for Data Interchange formats

<?xml version="1.0" encoding="utf-8" ?>
<!--View is confirmation-->
<!--Version is 5-10-->
<!--NS is http://www.fpml.org/FpML-5/confirmation-->
<!--
        == Copyright (c) 2014-2018 All rights reserved.
        == Financial Products Markup Language is subject to the FpML public license.
        == A copy of this license is available at http://www.fpml.org/license/license.html
-->
<!--5.0:Message type is a Root of the message-->
<!--5.0 Messaging: changed <TradeAffirmation> -><executionNotification>-->
<executionNotification
    xmlns="http://www.fpml.org/FpML-5/confirmation"
    xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
    fpmlVersion="5-10"
    xsi:schemaLocation="http://www.fpml.org/FpML-5/confirmation ../../fpml-main-5-10.xsd http://www.w3.org/2000/09/xmldsig# ../../xmldsig-core-schema.xsd"
>
  <header>
<!--FpML 5.0: Removed "conversationId", replaced by "correlationId"-->
    <messageId messageIdScheme="http://www.ibm.com/MessageScheme">M#101</messageId>
    <sentBy>IBM</sentBy>
    <sendTo>ISDA</sendTo>
    <creationTimestamp>2002-09-24T08:57:00Z</creationTimestamp>
  </header>
<!--5.0 Messaging: added
                <correlationId>
                <sequenceNumber>
        -->
  <isCorrection>false</isCorrection>
  <correlationId correlationIdScheme="http://www.ibm.com/conversationIdScheme">swapStream101</correlationId>
  <sequenceNumber>1</sequenceNumber>
  <trade>
    <tradeHeader>
      <partyTradeIdentifier>
        <partyReference href="party1" />
        <tradeId tradeIdScheme="http://www.partyA.com/trade-id">123</tradeId>
      </partyTradeIdentifier>
      <partyTradeIdentifier>
        <partyReference href="party2" />
        <tradeId tradeIdScheme="http://www.partyB.com/trade-id">123</tradeId>
      </partyTradeIdentifier>
      <tradeDate>2001-04-29</tradeDate>
    </tradeHeader>
    <swap>
      <swapStream>
        <payerPartyReference href="party1" />
        <receiverPartyReference href="party2" />
        <calculationPeriodDates id="CalcPeriodDates0">
          <effectiveDate>
            <unadjustedDate>2001-08-30</unadjustedDate>
            <dateAdjustments>
              <businessDayConvention>NONE</businessDayConvention>
            </dateAdjustments>
          </effectiveDate>
          <terminationDate>
            <unadjustedDate>2006-08-30</unadjustedDate>
            <dateAdjustments>
              <businessDayConvention>MODFOLLOWING</businessDayConvention>
              <businessCenters id="accrualBusinessCenters0">
                <businessCenter>EUTA</businessCenter>
              </businessCenters>
            </dateAdjustments>
          </terminationDate>
          <calculationPeriodDatesAdjustments>
            <businessDayConvention>MODFOLLOWING</businessDayConvention>
            <businessCentersReference href="accrualBusinessCenters0" />
          </calculationPeriodDatesAdjustments>
          <calculationPeriodFrequency>
            <periodMultiplier>1</periodMultiplier>
            <period>Y</period>
            <rollConvention>30</rollConvention>
          </calculationPeriodFrequency>
        </calculationPeriodDates>
        <paymentDates>
          <calculationPeriodDatesReference href="CalcPeriodDates0" />
          <paymentFrequency>
            <periodMultiplier>1</periodMultiplier>
            <period>Y</period>
          </paymentFrequency>
          <payRelativeTo>CalculationPeriodEndDate</payRelativeTo>
          <paymentDatesAdjustments>
            <businessDayConvention>MODFOLLOWING</businessDayConvention>
            <businessCenters id="paymentBusinessCenters0">
              <businessCenter>EUTA</businessCenter>
            </businessCenters>
          </paymentDatesAdjustments>
        </paymentDates>
        <calculationPeriodAmount>
          <calculation>
            <notionalSchedule>
              <notionalStepSchedule>
                <initialValue>100000000</initialValue>
                <currency>EUR</currency>
              </notionalStepSchedule>
            </notionalSchedule>
            <fixedRateSchedule>
              <initialValue>0.05</initialValue>
            </fixedRateSchedule>
            <dayCountFraction>30/360</dayCountFraction>
          </calculation>
        </calculationPeriodAmount>
        <cashflows>
          <cashflowsMatchParameters>true</cashflowsMatchParameters>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2002-08-20</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2001-08-30</adjustedStartDate>
              <adjustedEndDate>2002-08-30</adjustedEndDate>
              <notionalAmount>100000000</notionalAmount>
              <fixedRate>0.05</fixedRate>
            </calculationPeriod>
          </paymentCalculationPeriod>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2003-08-29</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2002-08-28</adjustedStartDate>
              <adjustedEndDate>2003-08-29</adjustedEndDate>
              <notionalAmount>100000000</notionalAmount>
              <fixedRate>0.05</fixedRate>
            </calculationPeriod>
          </paymentCalculationPeriod>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2004-08-30</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2003-08-29</adjustedStartDate>
              <adjustedEndDate>2005-08-30</adjustedEndDate>
              <notionalAmount>100000000</notionalAmount>
              <fixedRate>0.05</fixedRate>
            </calculationPeriod>
          </paymentCalculationPeriod>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2005-08-30</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2004-08-30</adjustedStartDate>
              <adjustedEndDate>2005-08-30</adjustedEndDate>
              <notionalAmount>100000000</notionalAmount>
              <fixedRate>0.05</fixedRate>
            </calculationPeriod>
          </paymentCalculationPeriod>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2006-08-30</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2005-08-30</adjustedStartDate>
              <adjustedEndDate>2006-08-30</adjustedEndDate>
              <notionalAmount>100000000</notionalAmount>
              <fixedRate>0.05</fixedRate>
            </calculationPeriod>
          </paymentCalculationPeriod>
        </cashflows>
      </swapStream>
      <swapStream>
        <payerPartyReference href="party2" />
        <receiverPartyReference href="party1" />
        <calculationPeriodDates id="CalcPeriodDates1">
          <effectiveDate>
            <unadjustedDate>2001-08-30</unadjustedDate>
            <dateAdjustments>
              <businessDayConvention>NONE</businessDayConvention>
            </dateAdjustments>
          </effectiveDate>
          <terminationDate>
            <unadjustedDate>2006-08-30</unadjustedDate>
            <dateAdjustments>
              <businessDayConvention>MODFOLLOWING</businessDayConvention>
              <businessCenters id="accrualBusinessCenters1">
                <businessCenter>EUTA</businessCenter>
              </businessCenters>
            </dateAdjustments>
          </terminationDate>
          <calculationPeriodDatesAdjustments>
            <businessDayConvention>MODFOLLOWING</businessDayConvention>
            <businessCentersReference href="accrualBusinessCenters1" />
          </calculationPeriodDatesAdjustments>
          <calculationPeriodFrequency>
            <periodMultiplier>6</periodMultiplier>
            <period>M</period>
            <rollConvention>30</rollConvention>
          </calculationPeriodFrequency>
        </calculationPeriodDates>
        <paymentDates>
          <calculationPeriodDatesReference href="CalcPeriodDates1" />
          <paymentFrequency>
            <periodMultiplier>6</periodMultiplier>
            <period>M</period>
          </paymentFrequency>
          <payRelativeTo>CalculationPeriodEndDate</payRelativeTo>
          <paymentDatesAdjustments>
            <businessDayConvention>MODFOLLOWING</businessDayConvention>
            <businessCenters id="paymentBusinessCenters1">
              <businessCenter>EUTA</businessCenter>
            </businessCenters>
          </paymentDatesAdjustments>
        </paymentDates>
        <resetDates id="resetDates0">
          <calculationPeriodDatesReference href="CalcPeriodDates1" />
          <resetRelativeTo>CalculationPeriodStartDate</resetRelativeTo>
          <fixingDates>
            <periodMultiplier>-2</periodMultiplier>
            <period>D</period>
            <dayType>Business</dayType>
            <businessDayConvention>NONE</businessDayConvention>
            <businessCenters id="fixingBusinessCenters0">
              <businessCenter>EUTA</businessCenter>
            </businessCenters>
            <dateRelativeTo href="resetDates0" />
          </fixingDates>
          <resetFrequency>
            <periodMultiplier>6</periodMultiplier>
            <period>M</period>
          </resetFrequency>
          <resetDatesAdjustments>
            <businessDayConvention>MODFOLLOWING</businessDayConvention>
            <businessCentersReference href="paymentBusinessCenters1" />
          </resetDatesAdjustments>
        </resetDates>
        <calculationPeriodAmount>
          <calculation>
            <notionalSchedule>
              <notionalStepSchedule>
                <initialValue>100000000</initialValue>
                <currency>EUR</currency>
              </notionalStepSchedule>
            </notionalSchedule>
            <floatingRateCalculation>
              <floatingRateIndex>EUR-EURIBOR-Telerate</floatingRateIndex>
              <indexTenor>
                <periodMultiplier>6</periodMultiplier>
                <period>M</period>
              </indexTenor>
            </floatingRateCalculation>
            <dayCountFraction>ACT/360</dayCountFraction>
          </calculation>
        </calculationPeriodAmount>
        <cashflows>
          <cashflowsMatchParameters>true</cashflowsMatchParameters>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2002-02-28</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2001-08-30</adjustedStartDate>
              <adjustedEndDate>2002-02-28</adjustedEndDate>
              <notionalAmount>100000000</notionalAmount>
              <floatingRateDefinition>
                <rateObservation>
                  <adjustedFixingDate>2001-08-28</adjustedFixingDate>
                  <observationWeight>1</observationWeight>
                </rateObservation>
              </floatingRateDefinition>
            </calculationPeriod>
          </paymentCalculationPeriod>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2002-08-30</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2002-02-28</adjustedStartDate>
              <adjustedEndDate>2002-08-30</adjustedEndDate>
              <notionalAmount>100000000</notionalAmount>
              <floatingRateDefinition>
                <rateObservation>
                  <adjustedFixingDate>2002-02-26</adjustedFixingDate>
                  <observationWeight>1</observationWeight>
                </rateObservation>
              </floatingRateDefinition>
            </calculationPeriod>
          </paymentCalculationPeriod>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2003-02-28</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2002-08-30</adjustedStartDate>
              <adjustedEndDate>2003-02-28</adjustedEndDate>
              <notionalAmount>100000000</notionalAmount>
              <floatingRateDefinition>
                <rateObservation>
                  <adjustedFixingDate>2002-08-28</adjustedFixingDate>
                  <observationWeight>1</observationWeight>
                </rateObservation>
              </floatingRateDefinition>
            </calculationPeriod>
          </paymentCalculationPeriod>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2003-08-29</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2003-02-28</adjustedStartDate>
              <adjustedEndDate>2003-08-29</adjustedEndDate>
              <notionalAmount>100000000</notionalAmount>
              <floatingRateDefinition>
                <rateObservation>
                  <adjustedFixingDate>2003-02-26</adjustedFixingDate>
                  <observationWeight>1</observationWeight>
                </rateObservation>
              </floatingRateDefinition>
            </calculationPeriod>
          </paymentCalculationPeriod>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2004-02-27</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2003-08-29</adjustedStartDate>
              <adjustedEndDate>2004-02-27</adjustedEndDate>
              <notionalAmount>100000000</notionalAmount>
              <floatingRateDefinition>
                <rateObservation>
                  <adjustedFixingDate>2003-08-27</adjustedFixingDate>
                  <observationWeight>1</observationWeight>
                </rateObservation>
              </floatingRateDefinition>
            </calculationPeriod>
          </paymentCalculationPeriod>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2004-08-30</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2004-02-27</adjustedStartDate>
              <adjustedEndDate>2005-08-30</adjustedEndDate>
              <notionalAmount>100000000</notionalAmount>
              <floatingRateDefinition>
                <rateObservation>
                  <adjustedFixingDate>2004-02-25</adjustedFixingDate>
                  <observationWeight>1</observationWeight>
                </rateObservation>
              </floatingRateDefinition>
            </calculationPeriod>
          </paymentCalculationPeriod>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2005-02-28</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2004-08-30</adjustedStartDate>
              <adjustedEndDate>2005-02-28</adjustedEndDate>
              <notionalAmount>100000000</notionalAmount>
              <floatingRateDefinition>
                <rateObservation>
                  <adjustedFixingDate>2004-08-27</adjustedFixingDate>
                  <observationWeight>1</observationWeight>
                </rateObservation>
              </floatingRateDefinition>
            </calculationPeriod>
          </paymentCalculationPeriod>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2005-08-30</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2005-02-28</adjustedStartDate>
              <adjustedEndDate>2005-08-30</adjustedEndDate>
              <notionalAmount>100000000</notionalAmount>
              <floatingRateDefinition>
                <rateObservation>
                  <adjustedFixingDate>2005-02-24</adjustedFixingDate>
                  <observationWeight>1</observationWeight>
                </rateObservation>
              </floatingRateDefinition>
            </calculationPeriod>
          </paymentCalculationPeriod>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2006-02-28</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2005-08-30</adjustedStartDate>
              <adjustedEndDate>2006-02-28</adjustedEndDate>
              <notionalAmount>100000000</notionalAmount>
              <floatingRateDefinition>
                <rateObservation>
                  <adjustedFixingDate>2005-08-26</adjustedFixingDate>
                  <observationWeight>1</observationWeight>
                </rateObservation>
              </floatingRateDefinition>
            </calculationPeriod>
          </paymentCalculationPeriod>
          <paymentCalculationPeriod>
            <adjustedPaymentDate>2006-08-30</adjustedPaymentDate>
            <calculationPeriod>
              <adjustedStartDate>2006-02-28</adjustedStartDate>
              <adjustedEndDate>2006-08-30</adjustedEndDate>
              <notionalAmount>100000000</notionalAmount>
              <floatingRateDefinition>
                <rateObservation>
                  <adjustedFixingDate>2006-02-24</adjustedFixingDate>
                  <observationWeight>1</observationWeight>
                </rateObservation>
              </floatingRateDefinition>
            </calculationPeriod>
          </paymentCalculationPeriod>
        </cashflows>
      </swapStream>
      <earlyTerminationProvision>
        <optionalEarlyTermination>
          <bermudaExercise id="BermudaExercise0">
            <bermudaExerciseDates>
              <relativeDates>
                <periodMultiplier>-5</periodMultiplier>
                <period>D</period>
                <dayType>Business</dayType>
                <businessDayConvention>NONE</businessDayConvention>
                <businessCenters>
                  <businessCenter>EUTA</businessCenter>
                  <businessCenter>GBLO</businessCenter>
                </businessCenters>
                <dateRelativeTo href="cashSettlement0" />
              </relativeDates>
            </bermudaExerciseDates>
            <relevantUnderlyingDate>
              <relativeDates>
                <periodMultiplier>0</periodMultiplier>
                <period>D</period>
                <businessDayConvention>NONE</businessDayConvention>
                <dateRelativeTo href="cashSettlement0" />
              </relativeDates>
            </relevantUnderlyingDate>
            <earliestExerciseTime>
              <hourMinuteTime>09:00:00</hourMinuteTime>
              <businessCenter>BEBR</businessCenter>
            </earliestExerciseTime>
            <expirationTime>
              <hourMinuteTime>11:00:00</hourMinuteTime>
              <businessCenter>BEBR</businessCenter>
            </expirationTime>
          </bermudaExercise>
          <exerciseNotice>
            <partyReference href="party2" />
            <businessCenter>GBLO</businessCenter>
          </exerciseNotice>
          <followUpConfirmation>true</followUpConfirmation>
          <calculationAgent>
            <calculationAgentParty>NonExercisingParty</calculationAgentParty>
          </calculationAgent>
<!--  C24 (http://www.c24.biz) Simon Heinrich: Removed id attribute -->
          <cashSettlement>
            <cashSettlementValuationTime>
              <hourMinuteTime>11:00:00</hourMinuteTime>
              <businessCenter>EUTA</businessCenter>
            </cashSettlementValuationTime>
            <cashSettlementValuationDate>
              <periodMultiplier>-2</periodMultiplier>
              <period>D</period>
              <dayType>Business</dayType>
              <businessDayConvention>NONE</businessDayConvention>
              <businessCenters>
                <businessCenter>GBLO</businessCenter>
                <businessCenter>EUTA</businessCenter>
              </businessCenters>
              <dateRelativeTo href="cashSettlement0" />
            </cashSettlementValuationDate>
<!--  C24 (http://www.c24.biz) Simon Heinrich: Added id attribute -->
            <cashSettlementPaymentDate id="cashSettlement0">
              <adjustableDates>
                <unadjustedDate>2003-08-30</unadjustedDate>
                <unadjustedDate>2004-08-30</unadjustedDate>
                <dateAdjustments>
                  <businessDayConvention>FOLLOWING</businessDayConvention>
                  <businessCenters>
                    <businessCenter>GBLO</businessCenter>
                    <businessCenter>EUTA</businessCenter>
                  </businessCenters>
                </dateAdjustments>
              </adjustableDates>
            </cashSettlementPaymentDate>
            <cashPriceMethod>
              <cashSettlementCurrency>EUR</cashSettlementCurrency>
              <quotationRateType>Mid</quotationRateType>
            </cashPriceMethod>
          </cashSettlement>
          <optionalEarlyTerminationAdjustedDates>
<!-- CHANGED, Altered by: Keith Date: 14-05-2003 -->
<!-- ird61: adjustedCashSettlementValuationDate > adjustedCashSettlementPaymentDate -->
            <earlyTerminationEvent>
              <adjustedExerciseDate>2003-08-25</adjustedExerciseDate>
              <adjustedEarlyTerminationDate>2003-09-25</adjustedEarlyTerminationDate>
              <adjustedCashSettlementValuationDate>2003-08-28</adjustedCashSettlementValuationDate>
              <adjustedCashSettlementPaymentDate>2003-09-01</adjustedCashSettlementPaymentDate>
            </earlyTerminationEvent>
            <earlyTerminationEvent>
              <adjustedExerciseDate>2003-08-23</adjustedExerciseDate>
              <adjustedEarlyTerminationDate>2004-08-30</adjustedEarlyTerminationDate>
              <adjustedCashSettlementValuationDate>2004-08-26</adjustedCashSettlementValuationDate>
              <adjustedCashSettlementPaymentDate>2004-08-25</adjustedCashSettlementPaymentDate>
            </earlyTerminationEvent>
          </optionalEarlyTerminationAdjustedDates>
        </optionalEarlyTermination>
      </earlyTerminationProvision>
    </swap>
  </trade>
  <party id="party1">
    <partyId partyIdScheme="http://www.fpml.org/coding-scheme/dummy-party-id">Party A</partyId>
  </party>
  <party id="party2">
    <partyId partyIdScheme="http://www.fpml.org/coding-scheme/dummy-party-id">Party B</partyId>
  </party>
</executionNotification>