Indicates the functional role played by the person in an organization, for example, analyst, strategist, economist, etc. Strongly Recommended. Indicates the last name of the person. Indicates the first name of the person. Indicates the middle name of the person. Strongly Recommended. Indicates how the publisher or person wants the name to be presented, for example: Dr. John Doe Sr. CPA, CFA. Indicates the official title of the person within an organization. Indicates the division that the person officially works for within an organization. An identifier used to identify the person. For accurate identification it is required that the personID is unique for a given publisher, but the implementation of the ID is left to the publishers to implement as they deem fit. Examples: combination of LastName and FirstName, combination of internal employee ID and RIXML publisher ID. Facsimile number. Office telephone number. Mobile/cellular phone number. Pager number. An individual or company acting as intermediary pairing up buyers and sellers, taking no financial risk, and charging a commission for the service. The most common form of business organization, and one that is chartered by a state and given many legal rights as an entity separate from its owners. An open-ended fund operated by an investment company which raises money from shareholders and invests in a group of assets, in accordance with a stated set of objectives. Real estate investment trust. A corporation or trust that uses the pooled capital of many investors to purchase and manage income property (equity REIT) and/or mortgage loans (mortgage REIT); often publicly held. Any organization, association or group, which provides or maintains a marketplace where securities, options, futures, or commodities can be traded; or the marketplace itself. Contact's non-business data. Contact's business data. An enumeration value that is not provided by RIXML. Comments usually have very short shelf life, and are often created in response to events taking place within the previous 24 hours. A narrative form that is more in-depth than a Comment, with a perceived longer shelf life. Can be any media type. A mathematical model used for analysis. Graphs and other pictorial representations of data. Content that combines the work of many analysts, multiple disciplines, and/or multiple product types, and that is not easily classified in any of the other product categories. Content originally designed for (or in the format of) a presentation to an audience - usually in "slide" format, with abbreviated bullet points as opposed to a full text narrative. Meeting notification. Overview or introduction to a subject or methodology. An alphabetical or classified listing of analysts, departments, etc. with relevant information (phone number, email, companies covered, etc.). For use with products that cannot fit into any of the RIXML categories. Pending approval for release. For internal use only. The product is a revision of an existing product. The publication has been recalled by the publisher. The product is to be deleted from the database. The product is being published for the first time. A product, in an identical form, is being distributed again. A published product is being released. This may be used when the publication and release time are not the same. Mutual funds, banks, insurance companies, pension funds, or other organizations that trade large volumes of securities. High-net-worth Individuals investing their own or their family's funds, and not the funds of a company. Corporations not in the business of managing other people's assets. Self-governing, independent state. Institution whose main purpose is higher learning. General public that may be interested in products offered by the publisher. Journalists that are usually employed by a media organization. Information tagged in this manner will usually be distributed to the general public. Potential customer to one of the publisher's lines of business. Trading personnel at publisher's organization. Sales personnel at publisher's organization. An enumeration value that is not provided by RIXML. Content that has been generated using a systematic, detailed examination of a particular topic. A very focused and detailed viewpoint or advice on a topic that is normally based on specific facts. (Bottom-up approach). Content published with a viewpoint that is primarily derived using the science of strategy. A high level viewpoint or advice on a particular subject (Top-down approach). Content published with a viewpoint that is primarily derived using economic science. Analysis of the company considering past records of assets, earnings, sales, products, management, and markets. Analysis dealing with measurable factors, such as value of assets, cost of capital, historical and projected patterns of sales, costs, and profitability. Research into the demand and supply for securities and commodities based on trading volume and price studies. Stocks and other non-debt securities. Debt-based assets. Monetary currency equivalents. Usually pertains to an article of trade or commerce that can be transported. Among the numerous commodities that are traded, examples are: gold, cotton and orange juice. Equity security. Corporate securities (usually preferred shares or bonds) those are exchangeable for a set number of another form (usually common shares) at a pre-stated price. Bond that has a rating of BB or lower and that pays a higher yield to compensate for its greater risk. Bond with a rating of AAA to BBB. Bonds issued by US government agencies. Certificates of deposit, Eurodollar certificates of deposit, commercial paper, banker's acceptances, treasury bills, and discount notes from FHLB, FNMA, and Fed .Farm Credit System, among others. Bonds issued by institutions that are usually above the jurisdiction of any one sovereign state, and thus are not subject to national banking regulations or supervised by any regulatory authority. The aim of the institutions is to foster economic development through financing projects and providing advisory services. Examples of Supranationals are: African Development Bank (AFDB), Asian Development Bank (ADB), Corporation Andina de Fomento (CAF), Council of Europe Development Bank (COE), EUROFIMA, European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Inter-American Development Bank (IADB), International Bank for Reconstruction and Development (IBRD), International Finance Corporation (IFC), Nordic Investment Bank (NIB), European Community (EC), European Coal and Steel Community, EURATOM and European Central Bank. Bonds issued by any "high level" self-governing, independent state. Normally used in the fixed income markets to delineate security issuance by countries and provinces. Bonds backed by loan paper or accounts receivable originated by banks, credit card companies, or other providers of credit and often "enhanced" by a bank Letter of Credit. Bonds backed by mortgages. Bonds backed by commercial mortgages. Bonds usually issued by the largest developed countries or economic blocks, such as US, Japan, Germany, France, UK, Italy, EU, etc. Examples of US government debt instruments are: Treasury bonds, bills, notes and savings bonds. Debt obligation of a state or local government entity. Financial instrument whose value is based on another security, such as an option. Futures contract based on a "cash" financial instrument. Mutual fund that invests primarily in fixed income securities. (can be open-ended or closed-ended). Mutual fund that invests primarily in equity securities. (can be open-ended or closed-ended). Mutual fund that invests primarily in money market securities. (can be open-ended or closed-ended). Mutual fund that invests primarily in securities issued within one particular country. (Usually closed-ended). Commercial contracts on future delivery of a specified quantity of a particular foreign currency. Delivery of the currency is usually carried out at the end of the contract term. Commercial contracts on future delivery of a specified quantity of a particular foreign currency. Delivery of the currency is usually NOT carried out at the end of the contract term. Futures are contracts to make or accept delivery of a given currency on a given date at a prearranged price. Securities based upon debt secured by collateral. Balanced funds. Mutual fund that invests primarily in commodities. (these are usually closed-ended). An enumeration value that is not provided by RIXML. A CUSIP is an 8 or 9-digit alphanumeric string thart identifies an issuer and its financial instrument (issue). CUSIPS are created by Standard and Poor's Cusip Bureau. They are issued for all U.S. and Canadian securities, and should NOT be considered a valid universal identifier. Stock Exchange Daily Official List. British Securities identification code. Has built in check digit system. This code consists of 12 characters. The first two characters indicate the country as issued in accordance with the ISO 3166 standard. The next 9 characters indicate the type of security, as designated by the national numbering agency (e.g. CUSIP for US and Canada). Where the national number consists of fewer than 9 characters, zeroes are inserted to utilize all spaces. The final character in the ISIN is a check digit. Security identifier assigned by the Bloomberg Company. Reuters Identification Code. Used in all Reuters products to identify a particular security. (Issue). Security identifier issued by the QUICK Financial Company in Japan. Security identifier issued by the Standard and Poor's Company in the US. Identifier for Swiss securities. No check digit system. Every North-American international equity and debt instrument is assigned a Cusip Int'l Number by Standard and Poor's and Telekurs. The CINS uses the same construction as the CUSIP with the addition of a country indicator. The first position of a CINS code is always an alpha character, indicating the Issuer's country code or geographic location. Identifier for French securities (Issues). Societe Interprofessional Pour La Compensation des Valeurs Mobiliers. An enumeration value that is not provided by RIXML. The legal name of an organization. The local name of an organization. The name that is commonly associated with the company. The trading name of the company. The name of the parent company, which may aid in searching and sorting of information. A product is part of another product. A product references another product. A product's content is based on another product. A product requires another product in order to make sense. For example, a chart may not make any sense without the accompanying text. The focus of the report is a sector or industry, not the individual securities mentioned in the report. The focus of the report is a discipline. The focus of the report is an issuer. The focus of the report is a region, not individual countries. The focus of the report is a country. The focus of the report is an asset class. The focus of the report is an asset type. The focus of the report is a particular security type. The focus of the report is an index. Explicitly states that there is no recommendation. It is important to note that since Issuer.PublisherRecommendation and Security.PublisherRecommendation are optional elements, the lack of those tags does not imply that the Publisher has no recommendation available elsewhere; the RecommendationType value of 0 is used to state that fact. A value of 1 maps to a "Strong Buy" recommendation. A value of 2 maps to a "Buy" recommendation. A value of 3 maps to a "Hold" recommendation. A value of 4 maps to an "Underperform" recommendation. A value of 5 maps to a "Sell" recommendation. Share count before impact assumed from conversions of convertibles, preferred stock or options to stocks. Used with earnings per share; denotes inclusion of common stock, stock options, and some convertible debt in the denominator Assumes common shares rise by the amount of common stock required to be issued to convert convertibles, preferred stock or options to stocks using the treasury stock method. To state in a new form a company's financial statements, perhaps to reflect a current period item back through prior periods. Reflects a change to a company's reported financial statements. A hypothetical financial model based on a set of assumptions First quarter of the company's fiscal year. Second quarter of the company's fiscal year. Third quarter of the company's fiscal year. Fourth quarter of the company's fiscal year. First half of the company's fiscal year. Second half of the company's fiscal year. First trimester of the company's fiscal year. Second trimester of the company's fiscal year. Third trimester of the company's fiscal year. Data for the full fiscal year. Reflects a partial year in the event of fiscal year changes. Historical, publicly disseminated figures. Proprietary, calculated figures provided by the publisher. Figures based upon the consensus of the market. Debt instrument with a fixed interest rate. Debt instrument with a variable interest rate. Debt instrument with a Maturity of 2 to 10 years. Short-term debt obligations with maturities ranging from 2 to 270 days. A short-term credit investment which is created by a non-financial firm and whose payment is guaranteed by a bank. Securities or cash placed with a bank or other institution for safekeeping or investment purposes. Repurchase agreement. Contract between a seller and buyer, usually Of US govt. securities, whereby the seller agrees to repurchase the securities at an agreed price, generally at a stated time. Separated Trading of Registered Interest and Principal of Securities. Bond, usually issued by the U.S. Treasury, whose two components, interest and repayment of principal, are separated and sold individually as zero-coupon bonds. Preferred stock that can be converted into a specified amount of common stock at the holder's option. A corporate security that is exchangeable for a set number of another type of corporate security (usu. Common stock) at a predetermined price and which changes in value in relation to an underlying index. A certificate, usually issued along with a bond or preferred stock, entitling the holder to buy a specific amount of securities at a specific price, usually above the current market price, for an extended period, anywhere from a few years to forever. A transaction between two parties consisting of a trading of cash flows with specified time, rate, currency and risk conditions. Securities transaction agreement providing the right (but not the obligation) to buy or sell a specific amount at a specified price during a specified period of time. An option on a swap, usually an interest rate swap. A derivative instrument whose value is based on that of an underlying index. A Yen denominated note, issued in Tokyo by a non-Japanese borrower (Issuer). Dollar-denominated bonds issued in the U.S. by foreign corporations, banks and governments. A bond issued and traded outside the country in whose currency it is denominated, and outside the regulations of a single country; usually a bond issued by a non-European company for sale in Europe. Euro Currency-denominated bonds issued by U.S. or foreign corporations, banks and governments. Bonds that have an interest payment flow which is tied to the official inflation rate of a country where the security is issued. Securities sold directly to institutional investors. Fund with a fixed number of shares, traded on a stock exchange. A mutual fund that makes a continuous offering of its shares and stands ready to buy its shares upon surrender by the shareholders. Units of equity ownership of a public company, providing voting rights. Stock which provides a specific dividend that is paid before any dividends are paid to common stock holders, and which takes precedence over common stock in the event of liquidation. American Depositary Receipt: A negotiable certificate held in a U.S. bank representing a specific number of shares of a foreign stock traded on a U.S. stock exchange. Global Depositary Receipt: A negotiable certificate held in the bank of one country. Gold bought or sold through futures contracts on a commodity exchange. Silver bought or sold through futures contracts on a commodity exchange. Steel bought or sold through futures contracts on a commodity exchange. Aluminum bought or sold through futures contracts on a commodity exchange. Platinum bought or sold through futures contracts on a commodity exchange. Copper bought or sold through futures contracts on a commodity exchange. Soybeans bought or sold through futures contracts on a commodity exchange. Wheat bought or sold through futures contracts on a commodity exchange. Corn bought or sold through futures contracts on a commodity exchange. Coffee bought or sold through futures contracts on a commodity exchange. Cocoa bought or sold through futures contracts on a commodity exchange. Orange juice bought or sold through futures contracts on a commodity exchange. Cotton bought or sold through futures contracts on a commodity exchange. Sugar bought or sold through futures contracts on a commodity exchange. Livestock bought or sold through futures contracts on a commodity exchange. Jet fuel bought or sold through futures contracts on a commodity exchange. Gasoline bought or sold through futures contracts on a commodity exchange. Natural gas bought or sold through futures contracts on a commodity exchange. Crude oil bought or sold through futures contracts on a commodity exchange. Electricity bought or sold through futures contracts on a commodity exchange. An interest-bearing or discounted government or corporate security that obligates the issuer to pay the bondholder a specified sum of money. An American dollar held by a foreign institution outside the U.S., usually a bank in Europe. Contracts in the futures markets that are for delivery in a major currency such as British pounds, Euros, Japanese yen, or US dollars. An enumeration value that is not provided by RIXML. Portion of a company's profit allocated to each outstanding share of common stock. Portion of a company's net income plus depreciation and other noncash charges allocated to each outstanding share of common stock. Price a security is predicted rise/fall to within a specified period of time. Price at which a security is trading at the time the report is issued. Price level at which a security tends to stop falling because there is more demand than supply. Price ceiling at which a security tends to stop climbing because there is more supply than demand. Price/earnings ratio. The price of a stock divided by its EPS. The price of a stock divided by its book value per share. The price of a stock divided by its sales per share. Total net assets divided by number of bonds or shares of stock. The annual rate of return on an investment, expressed as a percentage. For securities, it is the annual dividends divided by the purchase price. The number of shares of a security that are outstanding and available for trading by the public. Number of shares issued by a company that have not been repurchased by the company. Distribution of earnings to shareholders (per share). The highest price at which a security has traded over the past 52 weeks. The lowest price at which a security has traded over the past 52 weeks. An enumeration value that is not provided by RIXML. Financial figures that have been modified to reflect material financial events for the issuer (company). To state in a new form a company's financial statements, perhaps to reflect a current period item back through prior periods. Financial statement where certain amounts are hypothetical, for example showing debt issue that has been proposed but has not yet been approved. Denotes a financial estimate or datum currently in effect with the publication of the present product. Denotes a financial estimate or datum in effect prior to the publication of the present product. The 12 month period during which a business maintains its financial records. The 12 month period from January through December. In the following format - Hours:Minutes:Seconds. The legal name of an organization. The local name of an organization. The name that is commonly associated with the company. The name of the parent company, which may aid in searching and sorting of information. Every North-American international equity and debt instrument is assigned a Cusip Int'l Number by Standard and Poor's and Telekurs. The CINS uses the same construction as the CUSIP with the addition of a country indicator. The first position of a CINS code is always an alpha character, indicating the Issuer's country code or geographic location. A CUSIP is an 8 or 9-digit alphanumeric string that identifies an issuer and its financial instrument (Issue). CUSIPS are created by Standard and Poor's Cusip Bureau. They are issued for all U.S. and Canadian securities, and should NOT be considered a valid universal identifier. Stock Exchange Daily Official List. British Securities identification code. Has built in check digit system. An enumeration value that is not provided by RIXML. The Global Industry Classification Standard, which is the official classification type of the RIXML specification. When this enumeration is used, it is required that the SectorIndustry.officiallyClassified attribute be included and set to "Yes" to indicate an official GICS classification. See the definition of that attribute for more details. A classification that is not provided by RIXML. Total amount collected for goods and services provided. Revenues less cost of sales, operating expenses, and taxes, over a given period of time. The market price of a public corporation, calculated by multiplying the number of shares outstanding by the price per share. A measure of a company's financial health. Equals cash receipts less cash payments over a given period of time; or equivalently, net profit plus amounts charged off for depreciation, depletion and amortization. Net income + depreciation + amortization. A measure of a company's earning power from ongoing operations, equal to earnings before deduction of interest payments and income taxes. A measure of how well a company used reinvested earnings to generate additional earnings, equal to a fiscal year's after-tax income (after preferred stock dividends but before common stock dividends) divided by book value. Expressed as a percentage. An enumeration value that is not provided by RIXML. Product refers to a unique "research idea", as opposed to an actual research publication. It is possible to publish multiple documents or other files (called "resources") with the same productID, provided they all refer to the same discrete research idea. Examples of a product include a research note, research report, conference call webcast, and morning meeting compilation. Examples of multiple resources published with the same productID are (1) a document published in English, with exact translations in German, French, and Japanese, (2) an audio file of a presentation and the transcript of the publication or (3) a single report that consists of a PDF and an Excel file. Used in combination with the language and publisherID tags to uniquely identify a product. When one document is published in multiple languages, the same ProductID is used. The publisher can choose any productID, provided the above combination (productID + language + publisherID) is globally unique. To ensure uniqueness it is recommended that a Universal Unique IDentifier (UUID) be used as the productID. UUIDs can be generated on any computer, regardless of platform or operating system. A UUID is a 128-bit (16-byte) integer that is virtually guaranteed to be unique in the world across space and time. The Open Software Foundation (OSF) created UUIDs, as part of their Distributed Computing Environment (DCE). Indicates the language of the RIXML document; i.e. the language of the metadata and tags. Described using the ISO 639-2/T Code. Used in combination with the productID and publisherID to uniquely identify a Product. Describes how content contained in this product is associated with other products, or how content in other products is associated with this one. Can have none or any number of relationships to other products. The description of the relationship between the current product and the other product to which it is related. Indicates the type of relationship between this product and another product, for example, Part of, Version of, Format of. The unique productID of the product to which this product is related (as stored in Product.productID of the related document) Describes the status of the publication. Indicates the status of the document, for example Published, Recalled, Revised. NOTE: "Pending" should only be used for internal use prior to publication. If the status of the product changes, the currentStatusIndicator and statusDateTime for the current status must be updated, and the new statusType (with the associated currentStatusIndicator and statusDateTime information) must be added. Indicates the date and time at which the status was assigned, expressed using ISO 8601 as refined by the World Wide Web Consortium's note http://www.w3.org/TR/NOTE-datetime. Indicates whether the related statusType is the current status or not. Note that while a product can have multiple statuses, only one of them can be current. Research is the root tag for a discrete piece of research. The top-level element of the ContactInfo section. Used to indicate the type of contact - business, personal or publisher defined. The value of the contact type if publisherDefined is selected. Strongly Recommended. Describes the street address. Indicates the first line of the street address. Indicates the second line of the street address. Indicates the third line of the street address. Indicates the city where the street address is located. Indicates the State/Province/Canton/County information of the address. Indicates the Postal code, quadrant, zone or Zip code. This field indicates the country, as it should be displayed. Strongly Recommended. Indicates the email address. Strongly Recommended. Describes the telephone, fax or pager numbers. Telephone country code for the phone number. Phone number including area code. Used for extension number for a phone or a PIN. PINs are sometimes associated with pagers. Phone numbers can be one of the following types - telephone (office), fax, pager and mobile Strongly Recommended. Describes the website information. Web address associated with the person or organization A brief description of the website can be included here, if desired. A person or organization can have multiple websites, for example, a team of analysts could list their own website as well as the website of their organization. If there are multiple websites, each one should have a description (for clarity). The top-level element of the Source section. The Team aggregation is used to hold the name(s) of the individual author(s) and/or the name of a team. In the case of an individual author, the person tag and its associated personID are used (no teamID or description is needed). Teams can be formally organized teams or they can be fluid teams that come together to deliver content. If the "team" consists of only one person, there is no need to define a team ID and description; it is sufficient to have the 'person' tag and the associated personID under the 'team' tag. Indicates the name of the team. This is not required, but can be used where teams are formally named or if there is a name created for the team publishing a single product (document). An identifier used to identify the team in all publications published by the team. Publisher decides how to create the teamID. Used to define the members of a team, namely the author(s) of the product. The TeamMember highlights primary authors, and describes the display order of multiple authors. If there are multiple TeamMembers, and they should appear in a certain order when the content is published, indicate the desired order by associating the appropriate sequence number to each TeamMember. Indicates which team member is the primary author of the product. A team can have more than one primary author. Describes the organization publishing the document. Multiple publishers of one product are possible. These publishers can be subsidiaries of the same organization or different organizations working together to publish content (as in a joint venture). However, there can only be one primary publisher, which is captured by the primaryIndicator. Indicates the URL location of the logo of the publishing organization. Optional description of the publisher. Used to include any additional information about the publisher. If there are multiple Publishers, and they should appear in a certain order when the content is published, indicate the desired order by associating the appropriate sequence number to each Publisher. Indicates the primary publisher. When multiple publishers (subsidiaries of the same organization or different organizations) come together to publish content, one must be listed as primary (generally the parent organization or the name of the joint venture). The name of the publisher. A publisher can have multiple names as enumerated in the Name Types. At least one name is required for the content to be valid. Display name is the preferred name if only one name is provided. The name can be one of the following types - legal, local, display, or parent. Use Display if using only one nameType, unless one of the other nameTypes is preferred. An identifier used to identify the publisher. At least one PublisherID is required and multiple are possible. For example, for a product distributed via multiple vendors, each vendor may require a different PublisherID, with the idType for each PublisherID identifying the name of the vendor in the manner specified by the vendor. The actual ID is stored as free text in the content of the PublisherID node. A UUID can also be used as one of the IDs. Indicates the type of ID used. Examples: CUSIP, VendorCode. The top-level element of the Content section. This is the primary title of the research product. This is the sub title of the research product. A summary of the information contained in the product. Highlights the salient issues in the document. Suggested maximum length is 3000 characters. A very brief statement of the subject addressed in the product. This is typically only a few lines and would be appropriate for highly abbreviated displays. Suggested maximum length is 300 characters. Describes the resource that contains the media representation of the research product. For example, can describe a file, URL, or encoded data that represents the product. There can be any number of Resource elements associated with a product. For example, a product may consist of both a PDF document (one resource) and an Excel spreadsheet (another resource), or there could be multiple language versions of the same document (each one a resource). Indicates the protocol (rules determining format and transmission). This eliminates the need for parsing this information from the URL. Indicates the type of media used to store the content. MIMEType is used to determine the software product(s) that can read the content. MIMETypes are described in RFC 2046. Indicates the name of the resource, e.g. the file name. Any additional comments that are deemed necessary. For example, which software version is required to open the document? Indicates the URL of the resource. Every Resource element requires either the URL or the Data element to allow the consumer to get to the actual research content. It is also possible to include both the URL and the Data elements for a single Resource. Used when the content (data) of the research product needs to be included within the RIXML document. The data must be encoded using the method described by the Encoding tag. The unique identifier of the resource within the product. The implementation of the resourceID is left for the publishers of content to implement as they deem fit. At a minimum, the resourceID is required to be unique within the product(s) it appears under. Indicates the language of the resource, described using the ISO 639-2/T Code. Highly recommended, especially when multiple resources are included that are different translations of the same product. Whereas the language attribute of the Product element represents the language of the metadata describing the Product, the language attribute of the Resource element represents the language of the media representation (often a file) of the product. These two language attributes may be different. Indicates the encoding format of the content (UTF-16, UTF-64, etc). Used when content is included as encrypted data in the Resource.Data element. Indicates the size of the resource in bytes. Could be used by the end user to estimate the download time and storage needs. Indicates the primary Resource. At least one Resource must be set to Primary. If there are multiple Resources, and they should appear in a certain order when the content is published, indicate the desired order by associating the appropriate sequence number to each Resource. The top-level element of the Context section. Allows the publisher to 'highlight' a specific product, i.e. identify a product as a high priority item. Indicates whether the content is for internal or external consumption. Indicates whether the content is a periodical or not. Describes the high level content classification of a research product based on its intellectual and analytical approach. Indicates the high level discipline of the research product. Values are Investment, Strategy or Economics. Indicates the analytical technique used to create the content of the research product. Values are Fundamental, Quantitative or Technical. Required when disciplineType is Strategy or Investment. Used for publications issued as a series / periodical. Indicates the name of the publication series. The series name should appear in the same way for all items in the series. Volume number. Publication number in a volume. Indicates the primary focus of the product. This tag is used in conjunction with the primaryIndicator fields in SectorIndustry, Discipline, Issuer, Region, Country, AssetClass, AssetType, SecurityType, Index to indicate the primary topic of the product. EXAMPLE 1: a report that is an overview of French securities, with a few brief comments about the household durables and insurance industries would have ProductFocus.focus = Country ProductFocus.primaryIndicator = Yes Context.Country.countryCode = FR Context.Country.countryName = France Context.Country.primaryIndicator = Yes Because the product only briefly mentions the household durables and insurance industries, these would both have the Context.sectorIndustry.primaryIndicator set to No. If other countries are mentioned, these additional Context.Country.countryCodes can be listed, with the respective primaryIndicator set to No. EXAMPLE 2: a company report on a bank that briefly discusses how changes in the banking industry may affect aspects of the real estate industry, would have ProductFocus.focus = Issuer ProductFocus.primaryIndicator = Yes Context.SectorIndustry.sectorIndustryCode = 4010 Context. SectorIndustry.Name = Banks Context. SectorIndustry.primaryIndicator = Yes Context.SectorIndustry.sectorIndustryCode = 4040 Context. SectorIndustry.Name = Real Estate Context. SectorIndustry.primaryIndicator = No. Focus indicates whether the product discusses any of certain attributes (such as SectorIndustry, Issuer, Country, etc.). A report primarily about one company would have a focus of Issuer, while a country overview would have a focus of Country. Used to indicate which of various focus attributes in the product is the primary topic of the product. Free-text keywords relevant to the product, which the consumers may want to search on. There is no maximum length, but should only be populated with terms that would help users locate relevant research products. These keywords, like all other metadata, will be in the language of the Product.Language. Information about a particular security that describes the type of security and how to identify it. A security is always issued by an issuer, therefore, if a security is being mentioned, it must be attached to an Issuer element. The name of the Security. Optional short name commonly used to identify the Security. Highlights an action taken by the publisher. Indicates that the publisher is changing the coverage status of a Security. Example: a publisher initiates coverage of Security ABC. Highlights an action taken by the publisher. Indicates that the publisher is changing their target price estimate for a Security. Example: a publisher increases a target price for Security ABC to $100. Highlights an action taken by the publisher. Indicates that the publisher is changing their recommendation on a Security. Example: a publisher downgrades Security ABC. Highlights an action taken by the publisher. Indicates that the publisher is changing their earnings estimates for a Security. Example: a publisher lowers all their earnings estimates for Security ABC. If there are multiple Securities, and they should appear in a certain order when the content is published, indicate the desired order by associating the appropriate sequence number to each Security. Indicates the primary Security or Securities discussed in the research product. If the product is focused at the Security level (i.e. the ProductFocus tag is set to Security), then at least one Security must be marked as primary. Otherwise primaryIndicator is optional. This is information regarding recommendations made by the publisher. Recommendations can be about the issuer of a security or a security itself. This is the actual recommendation published by the publisher. The recommendation system is defined by the publisher and will vary across publishers. A description of the PublisherDefinedRecommendation. May include time horizon. RIXMLRecommendation is NOT an official publisher recommendation. RIXMLRecommendation is a mapping of the recommendation value provided in publisherDefinedRecommendation to a standard, RIXML-defined rating. It is provided to facilitate filtering that is already being done by the buy-side firms. This mapping is a "best guess" effort and should not be construed as a complete and/or accurate representation of what is intended by the publisher. The values also do not represent a common definition across all publishers. Therefore, consumer firms will need to view the report details to understand what each publisher means when a specific RIXML rating is assigned. However, the publishers will use best efforts to provide continuity in providing consistent mapping. Used to indicate whether the recommendation is current or prior (current is the default). Prior is only used to give reference for a change from a prior recommendation. Prior is used to indicate what the prior figure was for the period specified in order to give context to the current figure, not to provide the figure for a prior time period. Stores a specific financial data item for an issuer or a security. Indicates whether a financial figure is actual or estimated. Used together with periodYear and periodEnd to indicate the applicable period for a financial value. Example: Q4 2000 ending 31 December. Used together with period and periodYear to indicate the applicable period for a financial value. Example: Q4 2000 ending 31 December. The four-digit year used together with period and periodEnd to indicate the applicable period for a financial value. Example: Q4 2000 ending 31 December. Time duration that is being addressed. Exact date and time applicable to a financial data item, expressed using ISO 8601 (as refined by the World Wide Web Consortium's note http://www.w3.org/TR/NOTE-datetime). Generally dateTime is used instead of period, periodYear and periodEnd when a specific date can be assigned to a financial data item, for example, Total Assets as of 31 January 2000. Financial data related to the issuer of a security. Indicates the currency of the issuer financials. Represented by the three letter alpha code defined by ISO 4217. Free-text tag to indicate the source of the numbers. Example: the name of the company that provides the consensus figures. Indicates whether the reported numbers are primary, diluted, restated, adjusted or pro-forma. Used to indicate what type of financial metrics are being represented here. Indicates whether the year specified is a fiscal year or calendar year Indicates whether the financials are current or prior. Defaulted to currentPrior is used to indicate what the prior figure was for the period specified in order to give context to the current figure, not to provide the figure for a prior time period. Describes the Issuer of a security. Indicates the URL where the Issuer's logo may be found. A text description (name) of the Issuer. Strongly Recommended element. Indicates the type of Issuer. Can be agency, government, corporate or exchange. Indicates the country where the Issuer is domiciled, represented by the ISO 3166-1 country code. Combination of Day and Month that indicates the fiscal year end of the Issuer. Highlights an action taken by the publisher. Indicates that the publisher is changing coverage status of an Issuer. Example: a publisher initiates coverage of Company XYZ. Highlights an action taken by the publisher. Indicates that the publisher is changing their recommendation on an Issuer. Example: a publisher downgrades Company XYZ. If there are multiple Issuers, and they should appear in a certain order when the content is published, indicate the desired order by associating the appropriate sequence number to each Issuer. Indicates the primary Issuer(s) discussed in the research product. If the product is focused at the Issuer level (i.e. the ProductFocus tag is set to Issuer), then at least one Issuer must be marked as primary. Otherwise primaryIndicator is optional. Indicates the country or countries that are discussed in a research product. The ISO 3166-1 code for the country. Indicates whether the publisher defines this country as an emerging market. Highlights an action taken by the publisher. Indicates that the publisher is changing coverage status of a country. Example: a publisher initiates coverage of country A. Highlights an action taken by the publisher. Indicates that the publisher is changing the weighting of the country. Example: a publisher maintaining an overweight position of country A compared with a particular index. If there are multiple Countries, and they should appear in a certain order when the content is published, indicate the desired order by associating the appropriate sequence number to each Country. Indicates the primary country or countries discussed in the research product. If the product is focused on the Country level (i.e. the ProductFocus tag is set to Country), then at least one Country must be marked as primary. Otherwise primaryIndicator is optional. The sector or industry classification to which a security belongs, or about which the research product is written. GICS has been accepted as the official RIXML sector / industry classification scheme . Publishers are required to use this classification scheme to provide the correct GICS sector / industry for a research product. This gives consumers a standardized means of determining the sector / industry that a research product is written about. The GICS sector / industry classification must be provided for each primary security mentioned in the product. Should the product be focused on the sector / industry level, publishers must provide the GICS sector / industry classification that most closely matches what the product is written about. Publishers are also able to provide publisher defined sector / industry tags, giving them the flexibility to tag their research using their own industry classification scheme. However, should they do so, they must also provide the closest match from the GICS scheme to ensure consistency on the consumption side. A short name for the sector. Example: Pharma may be used for Major Pharmaceuticals. Indicates the name of the sector. A textual description of the sector. Identifies the sector under consideration. Refer to the RIXML sector-industry code document for a valid list of RIXML-defined codes. Publisher defined codes can be used in addition to, but not instead of, the RIXML-defined codes. Since sectors are organized in a hierarchical fashion, the level element indicates the level that a specific SectorIndustry element is at in this hierarchy. There are four levels within the GICS classification scheme, with level 1 referring to Sectors, level 2 to Industry Groups, level 3 to Industries and level 4 to Sub Industries. Name of the classification method used. Options are GICS or PublisherDefined. Highlights an action taken by the publisher. Indicates that the publisher is changing coverage status of a SectorIndustry. Example: a publisher initiates coverage of the Entertainment sector. Highlights an action taken by the publisher. Indicates that the publisher is changing the weighting of the SectorIndustry. Example: a publisher recommends having an overweight position in the Energy sector, and an underweight position in the Technology sector. If there are multiple Sectors and/or Industries, and they should appear in a certain order when the content is published, indicate the desired order by associating the appropriate sequence number to each Sector or Industry. Indicates whether the current level is the main focus of the product being published. This tag is used in conjunction with the ProductFocus tag to determine the focus of a product. Example: a product focusing on the Entertainment sub-industry, would have the ProductFocus.focus tag set to SectorIndustry, and in the correct SectorIndustry element the following values would be set: SectorIndustry.classificationType = GICS SectorIndustry.level = 4 SectorIndustry.focusLevel = Yes SectorIndustry.primaryIndicator = Yes SectorIndustry.name = Entertainment. This allows a consumer to determine the exact focus of the product. Indicates the primary SectorIndustry or SectorIndustries discussed in the product. If the product is focused on the SectorIndustry level (i.e. the ProductFocus tag is set to SectorIndustry), then at least one SectorIndustry must be marked as primary. Otherwise primaryIndicator is optional. Indicates whether the specified SectorIndustry is an official classification. Specifically, if the classificationType is "GICS", then this value must be supplied and set to "Yes" to indicate a mapping that complies with the official GICS classification. Likewise, this value must be supplied and set to "No" if the related Issuer or Security is mapped only on a best-guess basis and is not part of the official GICS classification. If this optional attribute is not supplied and the classificationType is "GICS", the consumer should assume a value of "No". Used to uniquely identify the security Exchange on which the security is traded. Indicates the organization or company's protocol used for the security identifier (i.e. the Security classification scheme). Examples include CUSIP, RIC, BloombergCode, etc. If the SecurityIDType.idType = PublisherDefined, then the publisher can indicate a type of security identifier not in the SecurityIDTypeEnum list. The actual unique identifier for this security. Example: MSFT.O is correct idValue for Microsoft Common Shares using the Reuters RIC scheme. The ISO 3166-1 Country code for the country in which the exchange operates. Used to uniquely identify the issuer. Indicates the organization or company's protocol used for the issuer identifier (i.e. the Issuer classification scheme). Note that since their is no universally accepted means of identifying an Issuer (as opposed to a specific security), IssuerID allows the use of what are technically security identifers as a means of identifying an Issuer (CUSIP, SEDOL, etc). If the IssuerID.idType = PublisherDefined, then the publisher can indicate what type of identifier has been used. The actual identifier for this issuer. This is the name of the issuer related to the IssuerID.idValue. If the IssuerName.NameType = PublisherDefined, then the publisher can indicate what type of name has been used. The name that is associated with the IssuerID.idValue above. An issuer can have multiple names. The names can be one or more of the following types: legal, local, display, parent, trading. Use Display if using only one nameType, unless one of the other nameTypes is preferred. Describes the financials associated with a security. Example: If the SecurityFinancialsType is EPS and the scenario is EPS period = Q1 value = 10 cents, year = 2000, no duration, no datetime, then this is how the XML would look : ... <SecurityFinancials SecurityFinancialQualifier="Primary" Currency="USD" PriorCurrent="Current" > <SecurityFinancialsType> <value>EPS</value> </SecurityFinancialsType> <FinancialValue EstimateActual="Estimate" Period="Q1" PeriodEnd="September" PeriodYear="2000">10 cents</FinancialValue> </SecurityFinancials> ... Indicates the currency of the security financials. Represented by the three letter alpha code defined by ISO 4217. Free-text tag to indicate the source of the numbers. Example: the name of the company that provides the consensus figures. Indicates whether the financials are primary, diluted, restated, adjusted or pro-forma Used to indicate what type of financial metrics are being represented here. Actual value as provided by the Publisher. Indicates whether the year specified is a fiscal year or calendar year Indicates whether the financials are current or prior. Defaulted to current. Prior is used to indicate what the prior figure was for the period specified in order to give context to the current figure, not to provide the figure for a prior time period. Indicates a region discussed in the product. Indicates whether this Region is defined by the publisher as an emerging market. Highlights an action taken by the publisher. Indicates that the publisher is changing coverage status of a Region. Example: a publisher initiates coverage of the Latin American region. Highlights an action taken by the publisher. Indicates that the publisher is changing the weighting of the region. Example: a publisher recommends maintaining an overweight position of region A compared with a particular index. If there are multiple Regions, and they should appear in a certain order when the content is published, indicate the desired order by associating the appropriate sequence number to each Region. Indicates the primary Region(s) discussed in the product. If the product is focused on the Region level (i.e. the ProductFocus tag is set to Region), then at least one Region must be marked as primary. Otherwise primaryIndicator is optional. Relevant dates related to Issuer and/or Security financial data. Used together with lastReportedYear to indicate the period when the financials were last reported. For example, Q1 2000. Used together with lastReportedPeriod to indicate the period when the financials were last reported. For example, Q1 2000. Represents the date the numbers were actually published. Expressed using ISO 8601 (as refined by the World Wide Web Consortium's note http://www.w3.org/TR/NOTE-datetime). Indicates the audience that the author intended to address with the product. If there are multiple Intended Audiences, and they should appear in a certain order when the content is published, indicate the desired order by associating the appropriate sequence number to each IntendedAudience. If necessary, indicates which IntendedAudience is the primary audience intended for the product. Indicates the audience type that the author intended to address with the product. Used to indicate the IndentedAudience if the Audience type is not RIXML specified. Indicates the frequency with which the publication is published. This is the frequency with which this product is published. If Periodicity.Value = PublisherDefined, then the publisher can indicate a frequency not in the PeriodicityEnum list. Describes the manner or format that information is presented within the product. Product categories include Comment, Report, Model, Chart, etc. The category that the product fits into. If ProductCategory.Value = PublisherDefined, then the publisher can indicate what type of product this is. Indicates the subject of the product. There is a standard set of subjects defined by RIXML including market opening comments, accounting and tax policy, and earnings surprise. If these do not fully represent the subject, the publisher may use a publisher defined Subject value. The main topic covered in the product. If the Subject.Value = PublisherDefined, then the publisher can indicate a subject not in the SubjectEnum list. When attached to a Context element, indicates the asset class that the research product focuses on. When attached to a Security element, indicates the asset class of the security. Typically used in conjunction with AssetType and SecurityType. One of the following: equity, fixed income, commodity or currency. Indicates the asset class. Highlights an action taken by the publisher. Indicates that the publisher is changing the weighting of the asset class. Example: a publisher recommends maintaining an overweight position of asset a compared with a particular index. Indicates the asset type. Typically used in conjunction with AssetClass and SecurityType. Can be attached to a Context element or to a Security element. Example values include stock, convertible, high yield credit, investment grade credit, etc. Indicates the asset type. Used when AssetType.Value = PublisherDefined to indicate a type of asset not in the AssetTypeEnum list. Indicates the type of security. Typically used in conjunction with AssetClass and AssetType. Can be attached to a Context element or to a Security element. Example values include stock, convertible, high yield credit, investment grade credit. Indicates the security type. Used when SecurityType.Value = PublisherDefined to indicate a type of security not in the SecurityTypeEnum list. Indicates an index mentioned in the product. The free text name of the index. KeywordClassifications grouping Element that groups or bounds multiple keyword elements. This is the container class for all the tags available for use when describing any research product. Indicates the date and time when the published content ceases to be valid. Expressed using ISO 8601 (as refined by the World Wide Web Consortium's note http://www.w3.org/TR/NOTE-datetime). The proprietary name of the product as defined by the research provider. This can be used to express a brand name. Examples of product names are "ABC Investment Bank's Tech Weekly", or "From the Floor in Asia". This is the container class for all the tags available for use when classifying the research product. This is the container class for all the tags available for use when describing an Security. This is the container class for all the tags available for use when describing an Issuer. Indicates the length of the product. For example, if the product were a PDF file, the length would be in pages. Indicates the unit of length. For example pages, seconds, minutes. The top-level element of the Legal section. Copyright information relating to the product. Disclaimers that accompany the research product. Disclosure information from the publisher that is required to accompany a research product. A description of the disclosure. Indicates the publisher defined disclosure code for a specific disclosure. For example, a publisher may need to disclose a banking relationship with a company, and may call this disclosure code A. Links disclaimer information to specific issuers and securities. This allows consumers to determine the nature of disclosures and to which issuers and/or securities they apply. An IssuerID that also appears elsewhere in the metadata of the product, enabling the consumer to uniquely identify the issuer that is being referred to. A SecurityID that also appears elsewhere in the metadata of the product, enabling the consumer to uniquely identify the security that is being referred to.