Starter contract

financial_trade

17 rules · plain YAML · starts in observation mode

OpenDQV Cloud starter template (v0.1) — your tenant inherits this baseline. First customer edit creates v1.0 in your audit trail; pin by yaml_hash for replay. Financial trade record validation. Enforces instrument identifier standards (ISIN per ISO 6166 for securities), Legal Entity Identifier format (LEI per ISO 17442) for institutional counterparties, trade side classification, and settlement lifecycle status. Designed for equity, bond, and fund trading desks operating under MiFID II Article 26 transaction reporting obligations and FCA COBS/SYSC data quality requirements. For full ARM-ready MiFID II transaction reports see mifid_transaction_report contract. This contract covers internal order management and execution records prior to ARM submission.

These are starting points you own. Every rule below ships in the trial, starts in observation mode, and is yours to read, edit, or delete from day one. Rules that reference a lookup list (lookup_file) validate against reference data you control in your tenant.
Rules as at 29 August 2026 — starting points you own, not a maintained regulatory feed. We correct errors in these samples; tracking regulatory change in your active contracts is yours.

Rule	Field	Severity	What it enforces (the message your team sees)
trade_id_required	trade_id	error	trade_id is required
trade_date_format	trade_date	error	trade_date must be a valid date (YYYY-MM-DD)
settlement_date_format	settlement_date	error	settlement_date must be a valid date (YYYY-MM-DD)
settlement_date_after_trade	settlement_date	error	settlement_date must be on or after trade_date — settlement cannot precede execution
instrument_id_required	instrument_id	error	instrument_id is required
instrument_id_isin_format	instrument_id	warning	instrument_id does not match ISIN shape (ISO 6166: 2-letter country code + 9 alphanumeric + 1 check digit, e.g. GB0002162385) — verify if using CUSIP, SEDOL, or internal identifier
instrument_id_isin_valid	instrument_id	warning	instrument_id is not a valid ISIN (ISO 6166: 12 characters ending in a correct check digit, e.g. GB0002162385) — full check-digit verification (was: shape-only). Verify if using CUSIP, SEDOL, or internal identifier
instrument_type_values	instrument_type	error	instrument_type must be one of: equity, bond, derivative_equity, derivative_rates, derivative_credit, derivative_fx, derivative_commodity, etf, fund, fx_spot, fx_forward, repo, structured_product
trade_side_values	trade_side	error	trade_side must be one of: buy, sell, short_sell, cover, subscription, redemption
quantity_min	quantity	error	quantity must be >= 0
price_min	price	error	price must be >= 0
trader_id_required	trader_id	error	trader_id is required
counterparty_id_required	counterparty_id	error	counterparty_id is required
counterparty_lei_format	counterparty_id	warning	counterparty_id does not match LEI format (ISO 17442: 20 chars, e.g. 549300TRUWO2CD2G5692) — verify if counterparty is a natural person or using internal identifier
currency_required	currency	error	currency is required
currency_format	currency	error	currency must be a 3-letter ISO 4217 code (e.g. GBP, USD, EUR)
settlement_status_values	settlement_status	warning	settlement_status must be one of: pending, affirmed, matched, settled, partially_settled, failed, cancelled, on_hold

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