com.opengamma.financial.analytics.model.swaption.deprecated.SwaptionBlackFunctionDeprecated.java Source code

Java tutorial

Introduction

Here is the source code for com.opengamma.financial.analytics.model.swaption.deprecated.SwaptionBlackFunctionDeprecated.java

Source

/**
 * Copyright (C) 2012 - present by OpenGamma Inc. and the OpenGamma group of companies
 * 
 * Please see distribution for license.
 */
package com.opengamma.financial.analytics.model.swaption.deprecated;

import java.util.Collections;
import java.util.Set;

import javax.time.calendar.Clock;
import javax.time.calendar.ZonedDateTime;

import com.google.common.collect.Sets;
import com.opengamma.OpenGammaRuntimeException;
import com.opengamma.analytics.financial.instrument.InstrumentDefinition;
import com.opengamma.analytics.financial.interestrate.InstrumentDerivative;
import com.opengamma.analytics.financial.interestrate.YieldCurveBundle;
import com.opengamma.analytics.financial.model.interestrate.curve.YieldAndDiscountCurve;
import com.opengamma.analytics.financial.model.option.definition.BlackSwaptionParameters;
import com.opengamma.analytics.financial.model.option.definition.YieldCurveWithBlackSwaptionBundle;
import com.opengamma.analytics.financial.model.volatility.surface.VolatilitySurface;
import com.opengamma.analytics.math.surface.InterpolatedDoublesSurface;
import com.opengamma.core.holiday.HolidaySource;
import com.opengamma.core.region.RegionSource;
import com.opengamma.core.security.SecuritySource;
import com.opengamma.engine.ComputationTarget;
import com.opengamma.engine.ComputationTargetType;
import com.opengamma.engine.function.AbstractFunction;
import com.opengamma.engine.function.FunctionCompilationContext;
import com.opengamma.engine.function.FunctionExecutionContext;
import com.opengamma.engine.function.FunctionInputs;
import com.opengamma.engine.value.ComputedValue;
import com.opengamma.engine.value.ValueProperties;
import com.opengamma.engine.value.ValuePropertyNames;
import com.opengamma.engine.value.ValueRequirement;
import com.opengamma.engine.value.ValueRequirementNames;
import com.opengamma.engine.value.ValueSpecification;
import com.opengamma.financial.OpenGammaCompilationContext;
import com.opengamma.financial.OpenGammaExecutionContext;
import com.opengamma.financial.analytics.conversion.SwapSecurityConverter;
import com.opengamma.financial.analytics.conversion.SwaptionSecurityConverter;
import com.opengamma.financial.analytics.ircurve.YieldCurveFunction;
import com.opengamma.financial.analytics.model.InstrumentTypeProperties;
import com.opengamma.financial.analytics.model.InterpolatedDataProperties;
import com.opengamma.financial.analytics.model.forex.option.black.deprecated.FXOptionBlackFunctionDeprecated;
import com.opengamma.financial.analytics.model.swaption.SwaptionUtils;
import com.opengamma.financial.convention.ConventionBundleSource;
import com.opengamma.financial.security.FinancialSecurityUtils;
import com.opengamma.financial.security.option.SwaptionSecurity;
import com.opengamma.util.ArgumentChecker;
import com.opengamma.util.money.Currency;

/**
 * @deprecated Use the version of this function that does not refer to funding and forward curves
 * @see SwaptionBlackFunction
 */
@Deprecated
public abstract class SwaptionBlackFunctionDeprecated extends AbstractFunction.NonCompiledInvoker {
    private final String _valueRequirementName;
    private SwaptionSecurityConverter _visitor;

    public SwaptionBlackFunctionDeprecated(final String valueRequirementName) {
        ArgumentChecker.notNull(valueRequirementName, "value requirement name");
        _valueRequirementName = valueRequirementName;
    }

    @Override
    public void init(final FunctionCompilationContext context) {
        final SecuritySource securitySource = OpenGammaCompilationContext.getSecuritySource(context);
        final HolidaySource holidaySource = OpenGammaCompilationContext.getHolidaySource(context);
        final ConventionBundleSource conventionSource = OpenGammaCompilationContext
                .getConventionBundleSource(context);
        final RegionSource regionSource = OpenGammaCompilationContext.getRegionSource(context);
        final SwapSecurityConverter swapConverter = new SwapSecurityConverter(holidaySource, conventionSource,
                regionSource, false);
        _visitor = new SwaptionSecurityConverter(securitySource, swapConverter);
    }

    @Override
    public Set<ComputedValue> execute(final FunctionExecutionContext executionContext, final FunctionInputs inputs,
            final ComputationTarget target, final Set<ValueRequirement> desiredValues) {
        final Clock snapshotClock = executionContext.getValuationClock();
        final ZonedDateTime now = snapshotClock.zonedDateTime();
        final SecuritySource securitySource = OpenGammaExecutionContext.getSecuritySource(executionContext);
        final SwaptionSecurity security = (SwaptionSecurity) target.getSecurity();
        final ValueRequirement desiredValue = desiredValues.iterator().next();
        final Currency currency = FinancialSecurityUtils.getCurrency(security);
        final String forwardCurveName = desiredValue.getConstraint(YieldCurveFunction.PROPERTY_FORWARD_CURVE);
        final String fundingCurveName = desiredValue.getConstraint(YieldCurveFunction.PROPERTY_FUNDING_CURVE);
        final String curveCalculationMethod = desiredValue
                .getConstraint(ValuePropertyNames.CURVE_CALCULATION_METHOD);
        final String surfaceName = desiredValue.getConstraint(ValuePropertyNames.SURFACE);
        final Object forwardCurveObject = inputs.getValue(YieldCurveFunction.getCurveRequirement(currency,
                forwardCurveName, forwardCurveName, fundingCurveName, curveCalculationMethod));
        if (forwardCurveObject == null) {
            throw new OpenGammaRuntimeException("Could not get forward curve");
        }
        final Object fundingCurveObject = inputs.getValue(YieldCurveFunction.getCurveRequirement(currency,
                fundingCurveName, forwardCurveName, fundingCurveName, curveCalculationMethod));
        if (fundingCurveObject == null) {
            throw new OpenGammaRuntimeException("Could not get funding curve");
        }
        final Object volatilitySurfaceObject = inputs.getValue(getVolatilityRequirement(surfaceName, currency));
        if (volatilitySurfaceObject == null) {
            throw new OpenGammaRuntimeException("Could not get volatility surface");
        }
        final VolatilitySurface volatilitySurface = (VolatilitySurface) volatilitySurfaceObject;
        if (!(volatilitySurface.getSurface() instanceof InterpolatedDoublesSurface)) {
            throw new OpenGammaRuntimeException(
                    "Expecting an InterpolatedDoublesSurface; got " + volatilitySurface.getSurface().getClass());
        }
        final YieldAndDiscountCurve forwardCurve = (YieldAndDiscountCurve) forwardCurveObject;
        final YieldAndDiscountCurve fundingCurve = (YieldAndDiscountCurve) fundingCurveObject;
        final InstrumentDefinition<?> definition = security.accept(_visitor);
        final InstrumentDerivative swaption = definition.toDerivative(now,
                new String[] { fundingCurveName, forwardCurveName });
        final ValueProperties properties = getResultProperties(currency.getCode(), forwardCurveName,
                fundingCurveName, curveCalculationMethod, surfaceName);
        final ValueSpecification spec = new ValueSpecification(_valueRequirementName, target.toSpecification(),
                properties);
        final YieldCurveBundle curves = new YieldCurveBundle(new String[] { fundingCurveName, forwardCurveName },
                new YieldAndDiscountCurve[] { fundingCurve, forwardCurve });
        final BlackSwaptionParameters parameters = new BlackSwaptionParameters(volatilitySurface.getSurface(),
                SwaptionUtils.getSwapGenerator(security, definition, securitySource));
        final YieldCurveWithBlackSwaptionBundle data = new YieldCurveWithBlackSwaptionBundle(parameters, curves);
        return getResult(swaption, data, spec);
    }

    @Override
    public ComputationTargetType getTargetType() {
        return ComputationTargetType.SECURITY;
    }

    @Override
    public boolean canApplyTo(final FunctionCompilationContext context, final ComputationTarget target) {
        if (target.getType() != ComputationTargetType.SECURITY) {
            return false;
        }
        return target.getSecurity() instanceof SwaptionSecurity;
    }

    @Override
    public Set<ValueSpecification> getResults(final FunctionCompilationContext context,
            final ComputationTarget target) {
        final String currency = FinancialSecurityUtils.getCurrency(target.getSecurity()).getCode();
        return Collections.singleton(new ValueSpecification(_valueRequirementName, target.toSpecification(),
                getResultProperties(currency)));
    }

    @Override
    public Set<ValueRequirement> getRequirements(final FunctionCompilationContext context,
            final ComputationTarget target, final ValueRequirement desiredValue) {
        final ValueProperties constraints = desiredValue.getConstraints();
        final Set<String> forwardCurveNames = constraints.getValues(YieldCurveFunction.PROPERTY_FORWARD_CURVE);
        if (forwardCurveNames == null || forwardCurveNames.size() != 1) {
            return null;
        }
        final Set<String> fundingCurveNames = constraints.getValues(YieldCurveFunction.PROPERTY_FUNDING_CURVE);
        if (fundingCurveNames == null || fundingCurveNames.size() != 1) {
            return null;
        }
        final Set<String> surfaceNames = constraints.getValues(ValuePropertyNames.SURFACE);
        if (surfaceNames == null || surfaceNames.size() != 1) {
            return null;
        }
        final Set<String> curveCalculationMethods = constraints
                .getValues(ValuePropertyNames.CURVE_CALCULATION_METHOD);
        if (curveCalculationMethods == null || curveCalculationMethods.size() != 1) {
            return null;
        }
        final String forwardCurveName = forwardCurveNames.iterator().next();
        final String fundingCurveName = fundingCurveNames.iterator().next();
        final String surfaceName = surfaceNames.iterator().next();
        final String curveCalculationMethod = curveCalculationMethods.iterator().next();
        final Set<ValueRequirement> requirements = Sets.newHashSetWithExpectedSize(4);
        final Currency currency = FinancialSecurityUtils.getCurrency(target.getSecurity());
        requirements.add(getCurveRequirement(forwardCurveName, forwardCurveName, fundingCurveName,
                curveCalculationMethod, currency));
        requirements.add(getCurveRequirement(fundingCurveName, forwardCurveName, fundingCurveName,
                curveCalculationMethod, currency));
        requirements.add(getVolatilityRequirement(surfaceName, currency));
        return requirements;
    }

    protected abstract Set<ComputedValue> getResult(final InstrumentDerivative swaption,
            final YieldCurveWithBlackSwaptionBundle data, final ValueSpecification spec);

    private ValueProperties getResultProperties(final String currency) {
        return createValueProperties()
                .with(ValuePropertyNames.CALCULATION_METHOD, FXOptionBlackFunctionDeprecated.BLACK_METHOD)
                .withAny(YieldCurveFunction.PROPERTY_FORWARD_CURVE)
                .withAny(YieldCurveFunction.PROPERTY_FUNDING_CURVE)
                .withAny(ValuePropertyNames.CURVE_CALCULATION_METHOD).withAny(ValuePropertyNames.SURFACE)
                .with(ValuePropertyNames.CURRENCY, currency).get();
    }

    private ValueProperties getResultProperties(final String currency, final String forwardCurveName,
            final String fundingCurveName, final String curveCalculationMethod, final String surfaceName) {
        return createValueProperties()
                .with(ValuePropertyNames.CALCULATION_METHOD, FXOptionBlackFunctionDeprecated.BLACK_METHOD)
                .with(YieldCurveFunction.PROPERTY_FORWARD_CURVE, forwardCurveName)
                .with(YieldCurveFunction.PROPERTY_FUNDING_CURVE, fundingCurveName)
                .with(ValuePropertyNames.CURVE_CALCULATION_METHOD, curveCalculationMethod)
                .with(ValuePropertyNames.SURFACE, surfaceName).with(ValuePropertyNames.CURRENCY, currency).get();
    }

    private ValueRequirement getCurveRequirement(final String curveName, final String forwardCurveName,
            final String fundingCurveName, final String calculationMethod, final Currency currency) {
        final ValueProperties.Builder properties;
        if (calculationMethod == InterpolatedDataProperties.CALCULATION_METHOD_NAME) {
            properties = ValueProperties.builder().with(ValuePropertyNames.CURVE, curveName)
                    .withAny(InterpolatedDataProperties.LEFT_X_EXTRAPOLATOR_NAME)
                    .withAny(InterpolatedDataProperties.RIGHT_X_EXTRAPOLATOR_NAME)
                    .with(ValuePropertyNames.CURVE_CALCULATION_METHOD, calculationMethod);
        } else {
            properties = ValueProperties.builder().with(ValuePropertyNames.CURVE, curveName)
                    .with(YieldCurveFunction.PROPERTY_FORWARD_CURVE, forwardCurveName)
                    .with(YieldCurveFunction.PROPERTY_FUNDING_CURVE, fundingCurveName)
                    .with(ValuePropertyNames.CURVE_CALCULATION_METHOD, calculationMethod);
        }
        return new ValueRequirement(ValueRequirementNames.YIELD_CURVE, ComputationTargetType.PRIMITIVE,
                currency.getUniqueId(), properties.get());
    }

    private ValueRequirement getVolatilityRequirement(final String surface, final Currency currency) {
        final ValueProperties properties = ValueProperties.builder().with(ValuePropertyNames.SURFACE, surface)
                .with(InstrumentTypeProperties.PROPERTY_SURFACE_INSTRUMENT_TYPE,
                        InstrumentTypeProperties.SWAPTION_ATM)
                .get();
        return new ValueRequirement(ValueRequirementNames.INTERPOLATED_VOLATILITY_SURFACE,
                ComputationTargetType.PRIMITIVE, currency.getUniqueId(), properties);
    }
}