Meta-model Intro
From FISD Wiki
Proposals for Meta-models, etc., and other ways of describing and defining Industry Actors, Roles, Entities, Business Processes, etc.
A proposed approach
Rather than start with methods for describing Meta-models, here the proposition is that we begin with the central fact of Market Data -- the Trade Ticket -- and, for starters, figure out all of the different ways of describing what's going on.
To begin: each Ticket consists of information related to one of four (4) Entities:
- Buyer
- Seller
- Venue, or Market
- Instrument - including pricing information.
It's important to note that the Venue may be an organized exchange -- or a counterparty.
The following is an initial try at a graphical representation:
