All Downloads are FREE. Search and download functionalities are using the official Maven repository.

schemas.fpml-schemas.fpml-fx-5-9.xsd Maven / Gradle / Ivy




    
    
        
            Constrains the forward point tick/pip factor to 1, 0.1, 0.01, 0.001, etc.
            
        
        
            
            
        
    
    
        
            A type that is used for including the currency exchange rates used to cross
                between the traded currencies for non-base currency FX contracts.
            
        
        
            
                
                    
                        
                            The exchange rate used to cross between the traded
                                currencies.
                            
                        
                    
                    
                        
                            
                                An optional element used for FX forwards and certain
                                    types of FX OTC options. For deals consumated in the FX Forwards Market, this
                                    represents the current market rate for a particular currency pair.
                                
                            
                        
                        
                            
                                An optional element used for deals consumated in the FX
                                    Forwards market. Forward points represent the interest rate differential between the
                                    two currencies traded and are quoted as a preminum or a discount. Forward points are
                                    added to, or subtracted from, the spot rate to create the rate of the forward trade.
                                
                            
                        
                    
                
            
        
    
    
        
            Allows for an option expiry cut time to be described by name, as per
                established market convention. Note: the FX Working Group has resolved not to extend the cutNameScheme
                coding scheme. The expiryTime element should be used in preference to cutName as the formal definition
                of FX option expiry time.
            
        
        
            
                
            
        
    
    
        
            Describes the parameters for a dual currency option transaction.
            
        
        
            
                
                    The Alternate currency i.e. the currency in which the deposit will
                        be redeemed in the event that the spot rate fixes below the strike rate at the specified fixing
                        date and time.
                    
                
            
            
                
                    The date on which the fx spot rate is compared against the strike
                        rate, in order to determine the delivery currency. This is the expiry date of a put option on
                        the Deposit/Alternate currency couple. Also known as "valuation date" or "reference date".
                    
                
            
            
                
                    The time at which the fx spot rate observation is made i.e. the
                        option cut off time on the expiry date. Also known as "valuation time".
                    
                
            
            
                
                    The rate at which the deposit will be converted to the Alternate
                        currency, in the event that the spot rate is strictly lower than the strike rate at the
                        specified fixing date and time.
                    
                
            
            
                
                    The spot rate at the time the trade was agreed.
                
            
            
                
                    Specifies whether the interest component of the redemption amount
                        is subject to conversion to the Alternate currency, in the event that the spot rate is strictly
                        lower than the strike rate at the specified fixing date and time.
                    
                
            
        
    
    
        
            A type that describes the rate of exchange at which the embedded option in
                a Dual Currency Deposit has been struck.
            
        
        
            
                
                    The rate of exchange between the two currencies of the leg of a
                        deal.
                    
                
            
            
                
                    The method by which the strike rate is quoted, in terms of the
                        deposit (principal) and alternate currencies.
                    
                
            
        
    
    
        
            A type that is used for describing the exchange rate for a particular
                transaction.
            
        
        
            
                
                    Defines the two currencies for an FX trade and the quotation
                        relationship between the two currencies.
                    
                
            
            
                
                    The rate of exchange between the two currencies of the leg of a
                        deal. Must be specified with a quote basis.
                    
                
            
            
                
                    
                        An element used for FX forwards and certain types of FX OTC
                            options. For deals consumated in the FX Forwards Market, this represents the current market
                            rate for a particular currency pair. For barrier and digital/binary options, it can be
                            useful to include the spot rate at the time the option was executed to make it easier to
                            know whether the option needs to move "up" or "down" to be triggered.
                        
                    
                
                
                    
                        
                            An optional element used for deals consumated in the FX
                                Forwards market. Forward points represent the interest rate differential between the two
                                currencies traded and are quoted as a preminum or a discount. Forward points are added
                                to, or subtracted from, the spot rate to create the rate of the forward trade.
                            
                        
                    
                    
                        
                            An optional element that documents the size of point (pip)
                                in which a rate was quoted (or in this case, forwardPoints are calculated). Point (pip)
                                size varies by currency pair: major currencies are all traded in points of 0.0001, with
                                the exception of JPY which has a point size of 0.01.
                            
                        
                    
                
            
            
                
                    An optional element that allow for definition of the currency
                        exchange rates used to cross between the traded currencies for non-base currency FX contracts.
                    
                
            
        
    
    
        
            Describes the characteristics for american exercise of FX products.
            
        
        
            
                
                    
                        
                            Characteristics for multiple exercise.
                        
                    
                
            
        
    
    
        
            Descibes the averaging period properties for an asian option.
            
        
        
            
                
                    The primary source for where the rate observation will occur. Will
                        typically be either a page or a reference bank published rate.
                    
                
            
            
                
                    An alternative, or secondary, source for where the rate observation
                        will occur. Will typically be either a page or a reference bank published rate.
                    
                
            
            
                
                    The time at which the spot currency exchange rate will be observed.
                        It is specified as a time in a business day calendar location, e.g. 11:00am London time.
                    
                
            
            
                
                    
                        
                            Parametric schedule of rate observations.
                            
                        
                    
                    
                
                
            
            
                
                    The description of the mathematical computation for how the payout
                        is computed.
                    
                
            
            
                
                    Specifies the rounding precision in terms of a number of decimal
                        places. Note how a percentage rate rounding of 5 decimal places is expressed as a rounding
                        precision of 7 in the FpML document since the percentage is expressed as a decimal, e.g.
                        9.876543% (or 0.09876543) being rounded to the nearest 5 decimal places is 9.87654% (or
                        0.0987654).
                    
                
            
        
    
    
        
            A type that, for average rate options, is used to describe each specific
                observation date, as opposed to a parametric frequency of rate observations.
            
        
        
            
                
                    A specific date for which an observation against a particular rate
                        will be made and will be used for subsequent computations.
                    
                
            
            
                
                    An optional factor that can be used for weighting certain
                        observation dates. Typically, firms will weight each date with a factor of 1 if there are
                        standard, unweighted adjustments.
                    
                
            
            
                
                    The observed rate of exchange between the two option currencies. In
                        the absence of rateObservationQuoteBasis, the rate is assumed to be quoted as per option
                        strike/strikeQuoteBasis.
                    
                
            
        
    
    
        
            A type that describes average rate options rate observations. This is used
                to describe a parametric frequency of rate observations against a particular rate. Typical frequencies
                might include daily, every Friday, etc.
            
        
        
            
                
                    The start of the period over which observations are made to
                        determine whether a trigger has occurred.
                    
                
            
            
                
                    The end of the period over which observations are made to determine
                        whether a trigger event has occurred.
                    
                
            
            
                
                    The frequency at which calculation period end dates occur with the
                        regular part of the calculation period schedule and their roll date convention.
                    
                
            
        
    
    
        
            Describes the properties of an FX barrier.
        
        
            
                
                    This specifies whether the option becomes effective ("knock-in") or
                        is annulled ("knock-out") when the respective barrier event occurs.
                    
                
            
            
                
                    This specifies whether the barrier direction is "Up" or "Down";
                        that is, that a barrier event occurs if the spot rate is at or above the trigger rate, or at or
                        below the trigger rate during the period of observation of an american barrier, or at the times
                        of observation of a discrete or european barrier.
                    
                
            
            
                
                    Defines the two currencies for an FX trade and the quotation
                        relationship between the two currencies.
                    
                
            
            
                
                    The market rate is observed relative to the trigger rate, and if it
                        is found to be on the predefined side of (above or below) the trigger rate, a trigger event is
                        deemed to have occurred.
                    
                
            
            
                
                    The information source where a published or displayed market rate
                        will be obtained, e.g. Telerate Page 3750.
                    
                
            
            
                
                    
                        
                            
                                The date on which the observation period for an
                                    american barrier starts. If the start date is not present, then the date and time of
                                    the start of the period is deemed to be the date and time the transaction was
                                    entered into.
                                
                            
                        
                        
                            
                                The time on the start date at which the observation
                                    period for an american barrier starts. If the time is not present and the start date
                                    is equivalent to the transaction date, the time is deemed to be the time the
                                    transaction was entered into. If the time is not present and the start date is other
                                    than the transaction date, then the time is deemed to be the same as the expiration
                                    time.
                                
                            
                        
                    
                    
                        
                            
                                The date on which the observation period for an
                                    american barrier ends. If the end date is not present, then the date and time of the
                                    end of the period is deemed to be the date and time of expiration.
                                
                            
                        
                        
                            
                                The time on the end date at which the observation
                                    period for an american barrier ends. If the time is not present, then the time is
                                    deemed to be the same as the expiration time.
                                
                            
                        
                    
                
                
                    
                        The dates and times at which rate observations are made to
                            determine whether a barrier event has occurred for a discrete or european barrier. If the
                            time is not present then the time is deemed to be the same as the expiration time.
                        
                    
                
            
        
    
    
        
            
            
        
    
    
        
            Descrines the characteristics for American exercise in FX digital
                options.
            
        
        
            
                
                    
                        
                            The earliest date on which the option can be exercised.
                            
                        
                    
                    
                        
                            The latest date on which the option can be exercised.
                            
                        
                    
                    
                        
                            Time at which the option expires on the expiry date, at the
                                specified business center. This component represents the formal definition of option
                                expiry time.
                            
                        
                    
                    
                        
                            A code by which the expiry time is known in the market.
                                This element is available to supplement the formal definition of expiry time, and must
                                not be used in absence of the expiryTime element.
                            
                        
                    
                    
                        
                            The latest date on which both currencies traded will
                                settle.
                            
                        
                    
                
            
        
    
    
        
            Describes an option having a triggerable fixed payout.
        
        
            
                
                    
                        
                            Effective date for a forward starting derivative. If this
                                element is not present, the effective date is the trade date.
                            
                        
                    
                    
                        
                            A tenor expressed as a period type and multiplier (e.g. 1D,
                                1Y, etc.)
                            
                        
                    
                    
                        
                            Defines the parameters for option exercise.
                            
                        
                        
                            
                                
                                    
                                        The parameters for defining the exercise period
                                            for an American style option.
                                        
                                    
                                
                                
                                    
                                        Defines one or more conditions underwhich the
                                            option will payout if exercisable.
                                        
                                    
                                
                            
                            
                                
                                    
                                        The parameters for defining the exercise period
                                            for an European style option.
                                        
                                    
                                
                                
                                    
                                        Defines one or more conditions underwhich the
                                            option will payout if exercisable.
                                        
                                    
                                
                            
                        
                        
                            
                                A set of parameters defining procedures associated with
                                    the exercise.
                                
                            
                        
                    
                    
                        
                            The amount of currency which becomes payable if and when a
                                trigger event occurs.
                            
                        
                    
                    
                        
                            Premium amount or premium installment amount for an
                                option.
                            
                        
                    
                
            
        
    
    
        
            A structure describing how disruption for a specified currency pair should
                be handled
            
        
        
            
                
                    The base currency in the exchange rate monitored for disruption
                        events. Typically this will be the settlement currency, but coud be an intermediate currency, in
                        the case where disruption provisions are defined for components of a cross rate.
                    
                
            
            
                
                    The reference currency in the exchange rate being monitored for
                        disruption events.
                    
                
            
            
                
                    One or more provisions describiing disruption events and how they
                        will be handled.
                    
                
            
        
    
    
        
            The base class for all disruption events
        
    
    
        
            A container for the disruption event set
        
        
            
        
    
    
        
            The base class for all disruption fallbacks
        
    
    
        
            A container for the disruption fallback set
        
        
            
        
    
    
        
            Describes a set of disruption events and the fallbacks they will invoke
            
        
        
            
                
                    If any of the events listed in this section occurs then the
                        associated fallbacks willl be applied.
                    
                
            
            
                
                    Describes the fallback processing or termination procedures that
                        can be applied if an event occurs,
                    
                
            
            
                
                    Indicates the template terms that describe the events and
                        fallbacks.
                    
                
            
        
    
    
        
            Describes the characteristics for European exercise of FX products.
            
        
        
            
                
                    
                        
                            Represents a standard expiry date as defined for an FX OTC
                                option.
                            
                        
                    
                    
                        
                            Time at which the option expires on the expiry date, at the
                                specified business center. This component represents the formal definition of option
                                expiry time.
                            
                        
                    
                    
                        
                            A code by which the expiry time is known in the market.
                                This element is available to supplement the formal definition of expiry time, and must
                                not be used in absence of the expiryTime element.
                            
                        
                    
                    
                        
                            The date on which both currencies traded will settle.
                            
                        
                    
                
            
        
    
    
        
            Describes an alternative set of price sources
        
        
            
                
                    
                
            
        
    
    
        
            Describes the FX fixing schedule, a single continuous observation period
                which follows the applicable business day schedule for the quoted rate source.
            
        
        
            
                
                    
                        A choice of both startDate and endDate or endDate. A parametric
                            schedule of rate observations that describes a single continuous observation period.
                        
                    
                    
                        
                            
                                The start of the period over which observations are
                                    made to determine whether a trigger has occurred.
                                
                            
                        
                        
                            
                                The end of the period over which observations are made
                                    to determine whether a trigger event has occurred.
                                
                            
                        
                    
                    
                        
                            The end of the period over which observations are made to
                                determine whether a trigger event has occurred.
                            
                        
                    
                
            
            
                
                    Specifies whether the schedule follows the business or calendar
                        days.
                    
                
            
            
                
                    Rate Source business days modeled as Business Centers or
                        Reference.
                    
                
            
            
                
                    An explicit list of dates in the schedule. For documentation
                        purpose only.
                    
                
            
        
    
    
        
            Product model for a flexible-term fx forward (also known as callable
                forward, window forward). This is a term forward transaction over a specific period, allowing the client
                full flexibility on the timing of the transactional flow(s). The product allows for (full or partial)
                execution at a predetermined forward rate, at any time between the start date and the expiry date.
                Although, the product is an outright, it has some option-like characteristics, leading to the use of
                option components in the model: (i) the BuyerSeller model expresses the roles of the parties in the
                overall transaction - the client "buys" the product (ii) the PutCallCurrency model expresses the buyer's
                perspective on the exchanged currencies i.e. the client may buy (call) or sell (put) the notional
                currency for the alternative currency.
            
        
        
            
                
                    
                    
                        
                            A model defining the currencies exchanged by the parties to
                                an option.
                            
                        
                    
                    
                        
                            
                                The aggregate notional amount which will be exchanged,
                                    possibly as multiple partial executions, during the course of the execution period.
                                    Any residual notional which remains unexchanged at the expiry date will
                                    automatically be executed at the applicable exchange rate (strike).
                                
                            
                        
                        
                            
                                The minimum notional amount which must be executed in
                                    any single transaction.
                                
                            
                        
                        
                            
                                The total amount of settlement currency that will be
                                    paid over the life of the trade if calculable.
                                
                            
                        
                    
                    
                        
                            The period during which the client has the right to execute
                                a transaction, on any business day defined by reference to the specified business
                                centers, subject to the constraints of the minimum execution amount and aggregate total
                                notional amount. * Period dates are inclusive i.e. the expiry date is the final date on
                                which execution may occur.
                            
                        
                    
                    
                        
                            
                                The earliest time of day at the specified business
                                    center, at which the client may execute a transaction.
                                
                            
                        
                        
                            
                                The latest time of day at the specified business
                                    center, at which the client may execute a transaction.
                                
                            
                        
                    
                    
                        
                            The date on which delivery of the transacted currency
                                amounts will occur, expressed as an offset from the execution date. * This property is
                                optional in the schema, allowing it to be omitted by systems which do not support it;
                                however this information would be expected in contractual documentation (e.g. termsheet,
                                confirmation).
                            
                        
                    
                    
                        
                            The final date for settlement. This is the date on which
                                any residual exchange amount will be delivered. * This is an adjusted date i.e. a good
                                business day for delivery in the location(s) specified in executionPeriodDates
                                /businessCenters
                            
                        
                    
                    
                        
                            Definition of the forward exchange rate for transactions
                                executed during the execution period.
                            
                        
                    
                    
                        
                            Fee paid by the client at inception (analagous to an option
                                premium).
                            
                        
                    
                
            
        
    
    
        
            
                
                    
                        Start date of the execution period/window.
                    
                
                
                    
                        Expiry (maturity) date of the execution period.
                        
                    
                
            
            
                
                    Business centers for determination of execution period business
                        days.
                    
                
            
        
        
    
    
        
            
                
                    
                        
                            Constant rate value, applicable for the duration of the
                                execution period.
                            
                        
                    
                    
                        
                            The spot exchange rate for the specified currency pair as
                                per the specified quote basis, as at the trade date.
                            
                        
                    
                
            
        
    
    
        
            Describes a contract on future levels of implied volatility. The main
                characteristic of this product is that the underlying is a straddle (underlying options) with a specific
                tenor starting from the fixing (effective or pricing) date, and are priced on that fixing date using a
                level of volatility that is agreed at the time of execution of the volatility agreement.
            
        
        
            
                
                    
                        
                            A buyer buys the straddle: (i) pays the Premium for the
                                straddle and (ii) has the right to exercise the underlying options.
                            
                        
                    
                    
                        
                            A currency Pair the straddle is based on.
                            
                        
                    
                    
                        
                            The date when the underlying options are priced using the
                                agreed forwardVolatilityStrikePrice and other market factors as agreed by the parties.
                                Also known as "Effective Date" or "Reference Date".
                            
                        
                    
                    
                        
                            The time of the fixing date when the underlying options are
                                priced using the agreed forwardVolatilityStrikePrice and other market factors as agreed
                                by the parties.
                            
                        
                    
                    
                        
                            the Volatility level as agreed on the Trade Date.
                            
                        
                    
                    
                        
                            details of the straddle (underlying options).
                            
                        
                    
                    
                        
                            The currency, amount and payment details for the Forward
                                Volatility Agreement, as agreed at the time of execution.
                            
                        
                    
                
            
        
    
    
        
            Describes the limits on the size of notional when multiple exercise is
                allowed.
            
        
        
            
                
                    The minimum amount of notional that can be exercised.
                    
                
            
            
                
                    The maximum amount of notiional that can be exercised.
                    
                
            
        
    
    
        
            Describes an FX option with optional asian and barrier features.
            
        
        
            
                
                    
                        
                            Effective date for a forward starting derivative. If this
                                element is not present, the effective date is the trade date.
                            
                        
                    
                    
                        
                            A tenor expressed as a period type and multiplier (e.g. 1D,
                                1Y, etc.)
                            
                        
                    
                    
                        
                            Defines the parameters for option exercise.
                            
                        
                        
                            
                                
                                    The parameters for defining the exercise period for
                                        an American style option.
                                    
                                
                            
                            
                                
                                    The parameters for defining the exercise period for
                                        an European style option.
                                    
                                
                            
                        
                        
                            
                                A set of parameters defining procedures associated with
                                    the exercise.
                                
                            
                        
                    
                    
                        
                            Defines the underlying FX transaction.
                        
                        
                            
                                The currency amount that the option gives the right to
                                    sell.
                                
                            
                        
                        
                            
                                The currency amount that the option gives the right to
                                    buy.
                                
                            
                        
                    
                    
                        
                            Indicates how the product was original sold as a Put or a
                                Call.
                            
                        
                    
                    
                        
                            
                                Defines the option strike price.
                            
                        
                        
                            
                                An optional element used for FX forwards and certain
                                    types of FX OTC options. For deals consumated in the FX Forwards Market, this
                                    represents the current market rate for a particular currency pair. For barrier and
                                    digital/binary options, it can be useful to include the spot rate at the time the
                                    option was executed to make it easier to know whether the option needs to move "up"
                                    or "down" to be triggered.
                                
                            
                        
                    
                    
                        
                            Describes additional features within the option.
                            
                        
                    
                    
                        
                            Premium amount or premium installment amount for an
                                option.
                            
                        
                    
                    
                        
                            Specifies the currency and fixing details for cash
                                settlement. This optional element is produced only where it has been specified at
                                execution time that the option wlll be settled into a single cash payment - for example,
                                in the case of a non-deliverable option (although note that an Fx option may be
                                contractually cash settled, without necessarily being non-deliverable).
                            
                        
                    
                
            
        
    
    
        
            A type describing the features that may be present in an FX option.
            
        
        
            
                
                
            
            
        
    
    
        
            A type that contains full details of a predefined fixed payout which may
                occur (or not) in a Barrier Option or Digital Option when a trigger event occurs (or not).
            
        
        
            
                
                    
                        
                            The trigger event and payout may be asynchonous. A payout
                                may become due on the trigger event, or the payout may (by agreeement at initiation) be
                                deferred (for example) to the maturity date.
                            
                        
                    
                    
                        
                            The information required to settle a currency payment that
                                results from a trade.
                            
                        
                    
                
            
        
    
    
        
            A type that specifies the premium exchanged for a single option trade or
                option strategy.
            
        
        
            
                
                    
                        
                            The information required to settle a currency payment that
                                results from a trade.
                            
                        
                    
                    
                        
                            This is the option premium as quoted. It is expected to be
                                consistent with the premiumAmount and is for information only.
                            
                        
                    
                
            
        
    
    
        
            FX Performance Fixed Leg describes Fixed FX Rate Payer and Fixed Rate.
            
        
        
            
                
                    
                        
                            Fixed Rate means a rate, expressed as a decimal, equal to
                                the per annum rate specified as such in the Confirmation for the Non-Deliverable Swap FX
                                Transaction or that party (i.e., a per annum rate of 15.10% as specified in a
                                Confirmation shall be expressed as 0.1510 for calculation purposes).
                            
                        
                    
                
            
        
    
    
        
            Fx Performance Floating Leg describes Floating FX Rate Payer.
            
        
        
            
        
    
    
        
            Floating FX Rate describes Fixed FX Rate Payer and Fixed Rate
            
        
        
            
                
                    A pointer style reference to a servicingParty or accountBeneficiary
                        identifier defined elsewhere in the document. Floating FX Rate Payer means in respect of an
                        Non-Deliverable Swap FX Transaction, the party specified as such in the related Confirmation.
                    
                
            
            
                
                    A pointer style reference to a servicingParty or accountBeneficiary
                        identifier defined elsewhere in the document. Floating FX Rate Receiver means in respect of an
                        Non-Deliverable Swap FX Transaction, the party specified as such in the related Confirmation.
                    
                
            
        
    
    
        
            Describes an FX volatility and variance swap.
        
        
            
                
                    
                        
                            A Currency Pair with regards to this transaction and the
                                quoting convention.
                            
                        
                    
                    
                        
                            Vega Notional means the currency and amount specified as
                                such in the related Confirmation.
                            
                        
                    
                    
                        
                            Notional Amount means, in the case of Transaction Type
                                Variance Swap, the currency and amount specified as such in the related Confirmation or
                                an amount calculated in accordance with the following: Notional Amount = Vega Notional
                                Amount / (0.02 x Fixed FX Rate). This element must be produced in case of Variance Swap
                                transaction.
                            
                        
                    
                    
                        
                            Fixed FX Rate component describes the Fixed FX Rate and
                                Fixed FX Rate Payer as such in the Confirmation for the Non-Deliverable Swap FX
                                Transaction.
                            
                        
                    
                    
                        
                            Floating FX Rate component describes the Floating FX Rate
                                Payer of the rate determined in accordance with the Floating FX Rate Option specified in
                                the Definitions.
                            
                        
                    
                    
                        
                            Fixing Information source parameters to determine the rate
                                observed for each good business day within the Fixing Schedule.
                            
                        
                    
                    
                        
                            Parametric schedule of rate observation dates.
                            
                        
                    
                    
                        
                            Valuation Date is the rate calculation date. Unless
                                otherwise specified in the related Confirmation, the Valuation Date will be, in respect
                                of a Non-Deliverable Swap FX Transaction, the Final Observation Date. The valuation date
                                can be: [date] [Final Observation Date][The first Business Day following the Final
                                Observation Date].
                            
                        
                        
                            
                                Final Observation Date when Settlement Amount and
                                    Settlement Amount Payer determination date.
                                
                            
                        
                        
                            
                                Valuation date offset relative to the Final Observation
                                    Date and can be: [Final Observation Date][The first Business Day following the Final
                                    Observation Date].
                                
                            
                        
                    
                    
                        
                            The date on which the Settlement Amount will be settled.
                            
                        
                    
                    
                        
                            This specifies the numerator of an annualization factor.
                                Frequently this number is equal to the number of rate observations in a year e.g. Daily
                                Observations: 252.
                            
                        
                    
                    
                        
                            Specifies whether "Mean Adjustment" is applicable or not in
                                the calculation of the Realized Volatility.
                            
                        
                    
                    
                        
                            Number of Returns is the number of Observation Dates in the
                                Observation Period, excluding the Initial Observation Date (where the Observation Rate
                                on the Initial Observation Date shall equal S0).
                            
                        
                    
                    
                        
                            Additional Payment means, in respect of an FX Transaction,
                                where such fee is required, and a Transaction Fee Payment Date, the amount, if any, that
                                is specified or otherwise determined as provided in the related Confirmation and,
                                subject to any applicable condition precedent, is payable by one party to the other as
                                further specified or otherwise determined as provided in the related Confirmation on the
                                Transaction Fee Payment Date or on each Transaction Fee Payment Date if more than one is
                                specified, for value on such date.
                            
                        
                    
                    
                        
                            Specifies the Settlement currency and fixing details for
                                cash settlement. The FX Volatility and FX Variance Swaps are inherently cash settled,
                                but into the notional currency. The optional cashSettlement block is provided for the
                                case where the Settlement Currency differs from that of the Notional.
                            
                        
                    
                
            
        
    
    
        
            A type defining either a spot or forward FX transactions.
            
        
        
            
                
                    
                
            
        
    
    
        
            Straddle details. Straddle is composed of two options: a call and a put
                involving the quotedCurrencyPair.
            
        
        
            
                
                    The type Straddle as agreed on the Trade Date, e.g. at the money
                        forward straddle, or delta neutral straddle.
                    
                
            
            
                
                    A Tenor (time to maturity) of the straddle starting from the Fixing
                        Date (e.g. 1y, 3m)
                    
                
            
            
                
                    Defines the parameters for straddle exercise.
                
                
                    
                        The parameters for exercising the FxStraddle (underlying
                            options), the underlying options are always European style options.
                        
                    
                
                
                    
                        A set of parameters defining procedures associated with the
                            exercise.
                        
                    
                
            
            
                
                    Defines the underlying FX transaction.
                
                
                    
                        The currency amount for the FxStraddle. This will be the
                            notional for the underlying options, which may be exercised by the Buyer.
                        
                    
                
                
                    
                        The counter currency and amount for the FxStraddle. The Counter
                            Currency Amount is determined using the notional and the Strike Price (which is determined
                            at the fixingTime on the fixingDate).
                        
                    
                
            
            
                
                    Defines the FX Straddle premium amount, payer and dates. This
                        amount is also determined at the fixingTime on the fixingDate.
                    
                
            
            
                
                    DEPRECATED. The settlement date is already expressed by
                        europeanExercise/valueDate. The Settlement Date for the FxStraddle (if exercised at the
                        expiryTime on the expiry Date).
                    
                
            
            
                
                    Specifies the settlement type for the FxStraddle. If deliverable
                        then this element is removed. If non-deliverable, then the In-The-Money amount of the relevant
                        option within the FxStraddle is paid by the Seller to the Buyer. The In-The-Money amount is
                        calculated using the parameters within this element.
                    
                
            
        
    
    
        
            The Currency and Amount to be paid by the Buyer to the Seller. The straddle
                premium is calculated on the Fixing Date using the Forward Volatility Agreement parameters.
            
        
        
            
                
                    
                        
                            The Premium Payment Currency.
                        
                    
                    
                        
                            The Seller details for settling the FxStraddlePremium.
                            
                        
                    
                
            
        
    
    
        
            A type that describes the rate of exchange at which the option has been
                struck.
            
        
        
            
                
                    The rate of exchange between the two currencies of the leg of a
                        deal.
                    
                
            
            
                
                    The method by which the strike rate is quoted.
                
            
        
    
    
        
            A type defining either a spot/forward or forward/forward FX swap
                transaction.
            
        
        
            
                
                    
                        
                            The FX transaction with the earliest value date.
                            
                        
                    
                    
                        
                            The FX transaction with the latest value date.
                            
                        
                    
                
            
        
    
    
        
            
                
                    A type defining the details for one of the transactions in an FX
                        swap.
                    
                
                
                    
                        
                            A reference to a party trade ID. This is provided in case
                                the message creator wishes to record that the swap leg is assocatiated with a particular
                                trade identifier; typically this is used for identifying a USI assocatied wih the leg.
                            
                        
                    
                    
                
            
        
    
    
        
            Reference a code defining the origin of the trade template terms
            
        
        
            
                
            
        
    
    
        
            Describes an american or discrete touch or no-touch trigger applied to an
                FX binary or digital option.
            
        
        
            
                
                    This specifies whether the applied trigger is a touch or no touch
                        type.
                    
                
            
            
                
                    This specifies whether the trigger direction is "AtOrAbove" or
                        "AtOrBelow; that is, that a barrier event occurs if the spot rate is at or above the trigger
                        rate, or at or below the trigger rate during the period of observation of an american trigger,
                        or at the times of observation of a discrete trigger. DEPRECATE: Values "Above" and "Below" are
                        deprecated.
                    
                
            
            
                
                    Defines the two currencies for an FX trade and the quotation
                        relationship between the two currencies.
                    
                
            
            
                
                    The market rate is observed relative to the trigger rate, and if it
                        is found to be on the predefined side of (above or below) the trigger rate, a barrier event is
                        deemed to have occurred.
                    
                
            
            
                
                    An optional element used for FX forwards and certain types of FX
                        OTC options. For deals consumated in the FX Forwards Market, this represents the current market
                        rate for a particular currency pair. For barrier and digital/binary options, it can be useful to
                        include the spot rate at the time the option was executed to make it easier to know whether the
                        market rate needs to move "up" or "down" to trigger a barrier event.
                    
                
            
            
                
                    The information source where a published or displayed market rate
                        will be obtained, e.g. Telerate Page 3750.
                    
                
            
            
                
                    
                        
                            
                                The date on which the observation period for an
                                    american trigger starts. If the start date is not present, then the date and time of
                                    the start of the period is deemed to be the date and time the transaction was
                                    entered into.
                                
                            
                        
                        
                            
                                The time on the start date at which the observation
                                    period for an american trigger starts. If the time is not present and the start date
                                    is equivalent to the transaction date, the time is deemed to be the time the
                                    transaction was entered into. If the time is not present and the start date is other
                                    than the transaction date, then the time is deemed to be the same as the expiration
                                    time.
                                
                            
                        
                    
                    
                        
                            
                                The date on which the observation period for an
                                    american trigger ends. If the end date is not present, then the date and time of the
                                    end of the period is deemed to be the date and time of expiration.
                                
                            
                        
                        
                            
                                The time on the end date at which the observation
                                    period for an american trigger ends. If the time is not present, then the time is
                                    deemed to be the same as the expiration time.
                                
                            
                        
                    
                
                
                    
                        The dates and times at which rate observations are made to
                            determine whether a barrier event has occurred for a discrete trigger. If the time is not
                            present then the time is deemed to be the same as the expiration time.
                        
                    
                
            
        
    
    
        
            Describes a european trigger applied to an FX digtal option.
            
        
        
            
                
                    
                        
                            The information source where a published or displayed
                                market rate will be obtained, e.g. Telerate Page 3750.
                            
                        
                    
                
            
        
    
    
        
            Describes a european trigger applied to an FX digtal option.
            
        
        
            
                
                    The condition that applies to a european trigger applied to an FX
                        digital option. It determines where the rate at expiry date and time at must be relative to the
                        triggerRate for the option to be exercisable. The allowed values are "AtOrAbove" and
                        "AtOrBelow". DEPRECATE: Values "Above" and "Below" are deprecated.
                    
                
            
            
                
                    Defines the two currencies for an FX trade and the quotation
                        relationship between the two currencies.
                    
                
            
            
                
                    The market rate is observed relative to the trigger rate, and if it
                        is found to be on the predefined side of (above or below) the trigger rate, a barrier event is
                        deemed to have occurred.
                    
                
            
            
                
                    An optional element used for FX forwards and certain types of FX
                        OTC options. For deals consumated in the FX Forwards Market, this represents the current market
                        rate for a particular currency pair. For barrier and digital/binary options, it can be useful to
                        include the spot rate at the time the option was executed to make it easier to know whether the
                        market rate needs to move "up" or "down" to trigger a barrier event.
                    
                
            
        
    
    
        
            Valuation date offset is used in FX Variance Swap and Volatility Swap to
                always relate the Final Observation Date and can be: [Final Observation Date][The first Business Day
                following the Final Observation Date]
            
        
        
            
                
                    
                
            
        
    
    
        
            Describes a currency which may be delivered instead
        
        
            
                
                    
                        
                            The code for the currency which can be delivered if
                                settlement in the original non-deliverable currency is not possible.
                            
                        
                    
                
            
        
    
    
        
            Describes a postponement
        
        
            
                
                    
                        
                            The maximum number of days of postponement.
                            
                        
                    
                
            
        
    
    
        
            A type that describes the option premium as quoted.
        
        
            
                
                    The value of the premium quote. In general this will be either a
                        percentage or an explicit amount.
                    
                
            
            
                
                    The method by which the option premium was quoted.
                    
                
            
        
    
    
        
            A structure describing the criteria for price materiality.
            
        
        
            
                
                    
                    
                
            
        
    
    
        
            A class defining the content model for a term deposit product.
            
        
        
            
                
                    
                        
                            A pointer style reference to a servicingParty or
                                accountBeneficiary identifier defined elsewhere in the document. The payer party
                                (depositor) is paying the initial principal for the term deposit on the start date from
                                a contractual point of view. The receiver party (deposit taker) is a receiver of the
                                initial principal of the deposit on the start date.
                            
                        
                    
                    
                        
                            The start date of the calculation period.
                            
                        
                    
                    
                        
                            The end date of the calculation period. This date should
                                already be adjusted for any applicable business day convention.
                            
                        
                    
                    
                    
                        
                            The principal amount of the trade.
                        
                    
                    
                        
                            The calculation period fixed rate. A per annum rate,
                                expressed as a decimal. A fixed rate of 5% would be represented as 0.05.
                            
                        
                    
                    
                        
                            The day count fraction.
                        
                    
                    
                        
                            An optional container that holds additional features of the
                                deposit (e.g. Dual Currency feature).
                            
                        
                    
                    
                        
                            The total interest of at maturity of the trade.
                            
                        
                    
                    
                        
                            A known payment between two parties.
                        
                    
                
            
        
    
    
        
            
        
    
    
        
            An FX digital option transaction definition.
        
    
    
        
            A flexible term fx forward product definition.
        
    
    
        
            An FX Forward Volatility Agreement transaction definition.
            
        
    
    
        
            An FX option transaction definition.
        
    
    
        
            A simple FX spot or forward transaction definition.
        
    
    
        
            An FX Swap transaction definition.
        
    
    
        
            An FX variance swap transaction definition.
        
    
    
        
            An FX volatility swap transaction definition.
        
    
    
        
            A term deposit product definition.
        
    
    
        
            Indicates that the Calculation Agent shall determine the Spot Rate (or a
                method for determining the Spot Rate) taking into consideration all available information that it
                reasonably and in good faith deems relevent.
            
        
    
    
        
            If present indicates that the event is considered to have occured if two or
                more numeric values of currency exchange rate specified in the Settllement Option are applicable to the
                transaction.
            
        
    
    
        
            If present indicates that the event is considered to have occured if the
                settlement in either currency is prohibited or materially restricted.
            
        
    
    
        
            If present indicates alternative price sources
        
    
    
        
            The abstract element used to create the extendible set of disruption
                events
            
        
    
    
        
            The abstract element used to create the extendible set of disruption
                fallbacks.
            
        
    
    
        
            Indicates that the event may cause the transaction to terminate if all
                applicable provisions have been met.
            
        
    
    
        
            If present indicates that the obligation to pay the In-the-Money amount of
                foreign currency is replaced with an obligation to pay an equivalent amount in another currency.
            
        
    
    
        
            If present indicates that the event is considered to have occurred if it is
                impossible to obtain information about the Spot Rate for a Valuation Date from the price source
                specified in the Settlement Rate Option that hass been agreed by the parties.
            
        
    
    
        
            Defines the require price materiality percentage for the rate source to be
                considered valid.
            
        
    
    
        
            Indicates that the Settlement Date for the tranaction shall be deemed to be
                the first Business Day following the day on which the applicable Disruption Event ceases to exist,
                unless the events continues to exists for more than a maximum number of days.
            
        
    
    
        
            Indicates that the Valuation Date for the tranaction shall be deemed to be
                the first Business Day following the day on which the applicable Disruption Event ceases to exist,
                unless the events continues to exists for more than a maximum number of days.
            
        
    
    
        
            The elements common to FX spot, forward and swap legs.
        
        
            
                
                    This is the first of the two currency flows that define a single
                        leg of a standard foreign exchange transaction.
                    
                
            
            
                
                    This is the second of the two currency flows that define a single
                        leg of a standard foreign exchange transaction.
                    
                
            
            
                
                    Indicates which currency was dealt.
                
            
            
            
                
                    
                        The date on which both currencies traded will settle.
                        
                    
                
                
                    
                        
                            The date on which the currency1 amount will be settled. To
                                be used in a split value date scenario.
                            
                        
                    
                    
                        
                            The date on which the currency2 amount will be settled. To
                                be used in a split value date scenario.
                            
                        
                    
                
            
            
                
                    The rate of exchange between the two currencies.
                    
                
            
            
                
                    Used to describe a particular type of FX forward transaction that
                        is settled in a single currency (for example, a non-deliverable forward).
                    
                
            
            
                
                    Describes the disruption events and fallbacks applicable to a
                        currency pair referenced by the transaction.
                    
                
            
        
    
    
        
            The elements common to FX rate observation.
        
        
            
                
                    One or more specific rate observation dates.
                
            
            
                
                    The method by which observed rate values are quoted, in terms of
                        the option put/call currencies. In the absence of this element, rate observations are assumed to
                        be quoted as per the option strikeQuoteBasis.
                    
                
            
        
    
    
        
            
                
                    A tenor expressed with a standard business term (i.e. Spot,
                        TomorrowNext, etc.)
                    
                
            
            
                
                    A tenor expressed as a period type and multiplier (e.g. 1D, 1Y,
                        etc.)
                    
                
            
        
    
    
        
            Defines a primary and optional secondary rate sources
        
        
            
            
        
    
    
        
            
                
                    The currency which: - the option buyer will pay (sell) - the option
                        writer will receive (buy)
                    
                
            
            
                
                    The currency which: - the option buyer will receive (buy) - the
                        option writer will pay (sell)
                    
                
            
        
    






© 2015 - 2025 Weber Informatics LLC | Privacy Policy