Events Trade Counterparty
1.4.3

Counterparty

Last update, October 28

This section contains the properties related to the counterparties to a trade.

Standards
Framework Path Description
cdm
[CDM.data type]cdm.base.staticdata.party/Counterparty/
 Defines a counterparty enumerated value, e.g. Party1 or Party2, with an associated party reference. The product is agnostic to the actual parties to the transaction, with the party references abstracted away from the product definition and replaced by the CounterpartyEnum (e.g. values Party1 or Party2). The CounterpartyEnum can then be positioned in the product (e.g. to specify which counterparty is the payer, receiver etc) and this Counterparty type, which is positioned outside of the product definition, allows the CounterpartyEnum to be associated with an actual party reference.