2021-03-30 Meeting notes
- Elisa Kendall
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/DER/issues/DER-10?filter=allopenissues
5) Todays content discussion.
6) For next week.
Proceedings:
Discussed next steps, including potentially releasing the corporate actions ontology for the June quarterly release. John Gemski & Pete Rivett will review that ontology for gaps to see what else we need to do before we can release it.
Also discussed open issues against the options ontology, and in particular, the nature of a market maker, and of a central counterparty for options. See https://www.stockinvestor.com/36141/market-makers-options/, and also https://www.youtube.com/watch?v=GH_gN4hYIRk&t=21s. The question is whether we really want to retain the concepts of buyer / seller, or whether we want to ignore that distinction and deal with holder / issuer and market maker vs. broker, etc. Brokers deal directly with clients, whereas market makers are large firms that are members of an exchange. Also, see https://blog.quantinsti.com/market-making/ which has a much better summary of the distinctions between a market maker and a broker.