element <multiplier> (local)

Namespace:	http://www.fpml.org/FpML-5/confirmation
Type:	PositiveDecimal
Content:	simple
Defined:	locally within Future complexType in fpml-asset-5-13.xsd; see XML source

Component Diagram

XML Representation Summary
<multiplier>
	Content:	{ xsd:decimal }
</multiplier>

Simple Content Detail:

MinExclusive:

Included in content model of elements (1):

future

Annotation

The multiplier is the minimum number of the underlying - index or stock - that a participant has to trade while taking a position in the Future contract. The purpose of the multiplier is to inflate the value of the contract to add leverage to the trade. The multiplier for the Dow is 10, for the Nasdaq it is 100 and it is 250 for the Standard and Poor's index.

XML Source (w/o annotations (1); see within schema source)

<xsd:element minOccurs="0" name="multiplier" type="PositiveDecimal"/>

XML schema documentation generated with FlexDoc/XML 1.12.2 using FlexDoc/XML XSDDoc 2.9.1 template set. All XSD diagrams generated by FlexDoc/XML DiagramKit.