PositionGroupSpecification.java
package org.drip.xva.proto;
/*
* -*- mode: java; tab-width: 4; indent-tabs-mode: nil; c-basic-offset: 4 -*-
*/
/*!
* Copyright (C) 2020 Lakshmi Krishnamurthy
* Copyright (C) 2019 Lakshmi Krishnamurthy
* Copyright (C) 2018 Lakshmi Krishnamurthy
*
* This file is part of DROP, an open-source library targeting analytics/risk, transaction cost analytics,
* asset liability management analytics, capital, exposure, and margin analytics, valuation adjustment
* analytics, and portfolio construction analytics within and across fixed income, credit, commodity,
* equity, FX, and structured products. It also includes auxiliary libraries for algorithm support,
* numerical analysis, numerical optimization, spline builder, model validation, statistical learning,
* and computational support.
*
* https://lakshmidrip.github.io/DROP/
*
* DROP is composed of three modules:
*
* - DROP Product Core - https://lakshmidrip.github.io/DROP-Product-Core/
* - DROP Portfolio Core - https://lakshmidrip.github.io/DROP-Portfolio-Core/
* - DROP Computational Core - https://lakshmidrip.github.io/DROP-Computational-Core/
*
* DROP Product Core implements libraries for the following:
* - Fixed Income Analytics
* - Loan Analytics
* - Transaction Cost Analytics
*
* DROP Portfolio Core implements libraries for the following:
* - Asset Allocation Analytics
* - Asset Liability Management Analytics
* - Capital Estimation Analytics
* - Exposure Analytics
* - Margin Analytics
* - XVA Analytics
*
* DROP Computational Core implements libraries for the following:
* - Algorithm Support
* - Computation Support
* - Function Analysis
* - Model Validation
* - Numerical Analysis
* - Numerical Optimizer
* - Spline Builder
* - Statistical Learning
*
* Documentation for DROP is Spread Over:
*
* - Main => https://lakshmidrip.github.io/DROP/
* - Wiki => https://github.com/lakshmiDRIP/DROP/wiki
* - GitHub => https://github.com/lakshmiDRIP/DROP
* - Repo Layout Taxonomy => https://github.com/lakshmiDRIP/DROP/blob/master/Taxonomy.md
* - Javadoc => https://lakshmidrip.github.io/DROP/Javadoc/index.html
* - Technical Specifications => https://github.com/lakshmiDRIP/DROP/tree/master/Docs/Internal
* - Release Versions => https://lakshmidrip.github.io/DROP/version.html
* - Community Credits => https://lakshmidrip.github.io/DROP/credits.html
* - Issues Catalog => https://github.com/lakshmiDRIP/DROP/issues
* - JUnit => https://lakshmidrip.github.io/DROP/junit/index.html
* - Jacoco => https://lakshmidrip.github.io/DROP/jacoco/index.html
*
* Licensed under the Apache License, Version 2.0 (the "License");
* you may not use this file except in compliance with the License.
*
* You may obtain a copy of the License at
* http://www.apache.org/licenses/LICENSE-2.0
*
* Unless required by applicable law or agreed to in writing, software
* distributed under the License is distributed on an "AS IS" BASIS,
* WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
*
* See the License for the specific language governing permissions and
* limitations under the License.
*/
/**
* <i>PositionGroupSpecification</i> contains the Specification of a Named Position Group. The References
* are:
*
* <br><br>
* <ul>
* <li>
* Burgard, C., and M. Kjaer (2014): PDE Representations of Derivatives with Bilateral Counter-party
* Risk and Funding Costs <i>Journal of Credit Risk</i> <b>7 (3)</b> 1-19
* </li>
* <li>
* Burgard, C., and M. Kjaer (2014): In the Balance <i>Risk</i> <b>24 (11)</b> 72-75
* </li>
* <li>
* Gregory, J. (2009): Being Two-faced over Counter-party Credit Risk <i>Risk</i> <b>20 (2)</b>
* 86-90
* </li>
* <li>
* Li, B., and Y. Tang (2007): <i>Quantitative Analysis, Derivatives Modeling, and Trading
* Strategies in the Presence of Counter-party Credit Risk for the Fixed Income Market</i>
* <b>World Scientific Publishing</b> Singapore
* </li>
* <li>
* Piterbarg, V. (2010): Funding Beyond Discounting: Collateral Agreements and Derivatives Pricing
* <i>Risk</i> <b>21 (2)</b> 97-102
* </li>
* </ul>
*
* <br><br>
* <ul>
* <li><b>Module </b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/PortfolioCore.md">Portfolio Core Module</a></li>
* <li><b>Library</b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/XVAAnalyticsLibrary.md">XVA Analytics Library</a></li>
* <li><b>Project</b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/src/main/java/org/drip/xva/README.md">Valuation Adjustments that account for Collateral, CC Credit/Debt and Funding Overhead</a></li>
* <li><b>Package</b> = <a href = "https://github.com/lakshmiDRIP/DROP/tree/master/src/main/java/org/drip/xva/proto/README.md">Collateral, Counter Party, Netting Groups</a></li>
* </ul>
* <br><br>
*
* @author Lakshmi Krishnamurthy
*/
public class PositionGroupSpecification extends org.drip.xva.proto.ObjectSpecification
{
private int _closeOutScheme = -1;
private int _brokenDateScheme = -1;
private int _clientDefaultWindow = -1;
private int _dealerDefaultWindow = -1;
private int _positionReplicationScheme = -1;
private double _hedgeError = java.lang.Double.NaN;
private double _independentAmount = java.lang.Double.NaN;
private double _minimumTransferAmount = java.lang.Double.NaN;
private org.drip.function.definition.R1ToR1 _dealerThresholdFunction = null;
private org.drip.function.definition.R1ToR1[] _clientThresholdFunctionArray = null;
/**
* Generate a Zero-Threshold Instance of the Named Position Group
*
* @param name The Collateral Group Name
* @param positionReplicationScheme Position Replication Scheme
* @param brokenDateScheme Broken Date Interpolation Scheme
* @param hedgeError Hedge Error
* @param closeOutScheme Close Out Scheme
*
* @return The Zero-Threshold Instance of the Named Position Group
*/
public static final PositionGroupSpecification ZeroThreshold (
final java.lang.String name,
final int positionReplicationScheme,
final int brokenDateScheme,
final double hedgeError,
final int closeOutScheme)
{
try
{
return new PositionGroupSpecification (
org.drip.numerical.common.StringUtil.GUID(),
name,
14,
14,
null,
null,
0.,
0.,
positionReplicationScheme,
brokenDateScheme,
hedgeError,
closeOutScheme
);
}
catch (java.lang.Exception e)
{
e.printStackTrace();
}
return null;
}
/**
* Generate a Fixed-Threshold Instance of the Named Position Group
*
* @param name The Collateral Group Name
* @param clientThreshold The Fixed Client Threshold
* @param dealerThreshold The Fixed Dealer Threshold
* @param positionReplicationScheme Position Replication Scheme
* @param brokenDateScheme Broken Date Interpolation Scheme
* @param hedgeError Hedge Error
* @param closeOutScheme Close Out Scheme
*
* @return The Fixed-Threshold Instance of the Named Position Group
*/
public static final PositionGroupSpecification FixedThreshold (
final java.lang.String name,
final double clientThreshold,
final double dealerThreshold,
final int positionReplicationScheme,
final int brokenDateScheme,
final double hedgeError,
final int closeOutScheme)
{
if (!org.drip.numerical.common.NumberUtil.IsValid (clientThreshold) || 0. > clientThreshold ||
!org.drip.numerical.common.NumberUtil.IsValid (dealerThreshold) || 0. < dealerThreshold)
{
return null;
}
try
{
return new PositionGroupSpecification (
org.drip.numerical.common.StringUtil.GUID(),
name,
14,
14,
new org.drip.function.r1tor1.FlatUnivariate[]
{
new org.drip.function.r1tor1.FlatUnivariate (clientThreshold)
},
new org.drip.function.r1tor1.FlatUnivariate (dealerThreshold),
0.,
0.,
positionReplicationScheme,
brokenDateScheme,
hedgeError,
closeOutScheme
);
}
catch (java.lang.Exception e)
{
e.printStackTrace();
}
return null;
}
/**
* PositionGroupSpecification Constructor
*
* @param id The Exposure Roll Up Group ID
* @param name The Exposure Roll Up Group Name
* @param clientDefaultWindow The Client Default Window
* @param dealerDefaultWindow The Dealer Default Window
* @param clientThresholdFunctionArray The Array of Collateral Group Client Threshold R^1 - R^1 Functions
* @param dealerThresholdFunction The Collateral Group Dealer Threshold R^1 - R^1 Function
* @param minimumTransferAmount The Collateral Group Minimum Transfer Amount
* @param independentAmount The Collateral Group Independent Amount
* @param positionReplicationScheme Position Replication Scheme
* @param brokenDateScheme Broken Date Interpolation Scheme
* @param hedgeError Hedge Error
* @param closeOutScheme Close Out Scheme
*
* @throws java.lang.Exception Thrown if the Inputs are Invalid
*/
public PositionGroupSpecification (
final java.lang.String id,
final java.lang.String name,
final int clientDefaultWindow,
final int dealerDefaultWindow,
final org.drip.function.definition.R1ToR1[] clientThresholdFunctionArray,
final org.drip.function.definition.R1ToR1 dealerThresholdFunction,
final double minimumTransferAmount,
final double independentAmount,
final int positionReplicationScheme,
final int brokenDateScheme,
final double hedgeError,
final int closeOutScheme)
throws java.lang.Exception
{
super (
id,
name
);
if (-1 >= (_clientDefaultWindow = clientDefaultWindow) ||
-1 >= (_dealerDefaultWindow = dealerDefaultWindow) ||
!org.drip.numerical.common.NumberUtil.IsValid (_minimumTransferAmount = minimumTransferAmount) ||
!org.drip.numerical.common.NumberUtil.IsValid (_independentAmount = independentAmount) ||
!org.drip.numerical.common.NumberUtil.IsValid (_hedgeError = hedgeError))
{
throw new java.lang.Exception ("PositionGroupSpecification Constructor => Invalid Inputs");
}
_closeOutScheme = closeOutScheme;
_brokenDateScheme = brokenDateScheme;
_dealerThresholdFunction = dealerThresholdFunction;
_positionReplicationScheme = positionReplicationScheme;
_clientThresholdFunctionArray = clientThresholdFunctionArray;
}
/**
* Retrieve the Client Default Window
*
* @return The Client Default Window
*/
public int clientDefaultWindow()
{
return _clientDefaultWindow;
}
/**
* Retrieve the Dealer Default Window
*
* @return The Dealer Default Window
*/
public int dealerDefaultWindow()
{
return _dealerDefaultWindow;
}
/**
* Retrieve the Array of the Collateral Group Client Threshold R^1 - R^1 Functions
*
* @return The Array of the Collateral Group Client Threshold R^1 - R^1 Functions
*/
public org.drip.function.definition.R1ToR1[] clientThresholdFunctionArray()
{
return _clientThresholdFunctionArray;
}
/**
* Retrieve the Collateral Group Dealer Threshold R^1 - R^1 Function
*
* @return The Collateral Group Dealer Threshold R^1 - R^1 Function
*/
public org.drip.function.definition.R1ToR1 dealerThresholdFunction()
{
return _dealerThresholdFunction;
}
/**
* Retrieve the Collateral Group Minimum Transfer Amount
*
* @return The Collateral Group Minimum Transfer Amount
*/
public double minimumTransferAmount()
{
return _minimumTransferAmount;
}
/**
* Retrieve the Collateral Group Independent Amount
*
* @return The Collateral Group Independent Amount
*/
public double independentAmount()
{
return _independentAmount;
}
/**
* Retrieve the Position Replication Scheme
*
* @return The Position Replication Scheme
*/
public int positionReplicationScheme()
{
return _positionReplicationScheme;
}
/**
* Retrieve the Broken Date Interpolation Scheme
*
* @return The Broken Date Interpolation Scheme
*/
public int brokenDateScheme()
{
return _brokenDateScheme;
}
/**
* Retrieve the Hedge Error
*
* @return The Hedge Error
*/
public double hedgeError()
{
return _hedgeError;
}
/**
* Retrieve the Close Out Scheme
*
* @return The Close Out Scheme
*/
public int closeOutScheme()
{
return _closeOutScheme;
}
/**
* Retrieve the Flag specifying whether the Collateral Group is Uncollateralized
*
* @return TRUE - The Collateral Group is Uncollateralized
*/
public boolean isUncollateralized()
{
return null == _clientThresholdFunctionArray && null == _dealerThresholdFunction;
}
}