Date

Attendees



Agenda

1) Use Case reminder

2) Where we are on our road map. 

3) Open Action Items

4) JIRA Issues Review - https://jira.edmcouncil.org/projects/IND/issues/IND-17?filter=allopenissues

5) Todays content discussion.

SMIF OWL-UML

SKOS

RDF/S

6) For next week.

Proceedings:

Reviewed the diagram that Chris created ages ago with respect to market indices and what comprises an index, their relationships, etc.  One area we don't cover is the notion of a composite index, and of benchmarks comprised of multiple indices.  See, for example, https://www.investopedia.com/terms/c/cili.asp.

We determined that there is some overloading going on in the ontology that munges the notion of a fixed basket with the notion of a basket of consumer goods and services.  To address this we raised issue IND-101, which says "Need to distinguish the notion of a consumer basket from one that consists of instruments and/or indices".  

We are also missing the expression required to calculate market capitalization.  We have capitalization-based weighting function but not the connection to the expression that would calculate the market cap of the consituents of the index.  See IND-102 for this one.

Decisions:

Action items