complexType "FxStraddle"

Namespace:	http://www.fpml.org/FpML-5/confirmation
Content:	complex, 9 elements
Defined:	globally in fpml-fx-5-13.xsd; see XML source
Includes:	definitions of 9 elements
Used:	at 1 location

Component Diagram

XML Representation Summary

<...>

Content:

straddleType, tenorPeriod?, europeanExercise, exerciseProcedure?, notional, counterCurrency, premium*, settlementDate?, cashSettlement?

</...>

Content Model Elements (9):

cashSettlement (in straddle),

counterCurrency,

europeanExercise (in straddle),

exerciseProcedure (in straddle),

notional (in straddle),

premium (in straddle),

settlementDate (in straddle),

straddleType,

tenorPeriod (in straddle)

All Direct / Indirect Based Elements (1):

straddle

Known Usage Locations

As direct type of elements (1):

straddle

Annotation

Straddle details. Straddle is composed of two options: a call and a put involving the quotedCurrencyPair.

XML Source (w/o annotations (12); see within schema source)

<xsd:complexType name="FxStraddle">

<xsd:sequence>

<xsd:element name="straddleType" type="FxStraddleTypeEnum"/>

<xsd:element minOccurs="0" name="tenorPeriod" type="Period"/>

<xsd:sequence>

<xsd:element name="europeanExercise" type="FxEuropeanExercise"/>

<xsd:element minOccurs="0" name="exerciseProcedure" type="ExerciseProcedure"/>

</xsd:sequence>

<xsd:sequence>

<xsd:element name="notional" type="NonNegativeMoney"/>

<xsd:element name="counterCurrency" type="Currency"/>

</xsd:sequence>

<xsd:element maxOccurs="unbounded" minOccurs="0" name="premium" type="FxStraddlePremium"/>

<xsd:element fpml-annotation:deprecated="true" fpml-annotation:deprecatedReason="The settlement date is already expressed by europeanExercise/valueDate" minOccurs="0" name="settlementDate" type="AdjustableOrAdjustedDate"/>

<xsd:element minOccurs="0" name="cashSettlement" type="FxCashSettlementSimple"/>

</xsd:sequence>

</xsd:complexType>

Content Element Detail (all declarations; defined within this component only; 9/9)

cashSettlement

Type:

FxCashSettlementSimple, complex content

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.

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

<xsd:element minOccurs="0" name="cashSettlement" type="FxCashSettlementSimple"/>

counterCurrency

Type:

Currency, simple content

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).

Simple Content

xsd:normalizedString

maxLength:	255
minLength:	0

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

<xsd:element name="counterCurrency" type="Currency"/>

europeanExercise

Type:

FxEuropeanExercise, complex content

The parameters for exercising the FxStraddle (underlying options), the underlying options are always European style options.

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

<xsd:element name="europeanExercise" type="FxEuropeanExercise"/>

exerciseProcedure

Type:

ExerciseProcedure, complex content

A set of parameters defining procedures associated with the exercise.

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

<xsd:element minOccurs="0" name="exerciseProcedure" type="ExerciseProcedure"/>

notional

Type:

NonNegativeMoney, complex content

The currency amount for the FxStraddle. This will be the notional for the underlying options, which may be exercised by the Buyer.

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

<xsd:element name="notional" type="NonNegativeMoney"/>

premium

Type:

FxStraddlePremium, complex content

Defines the FX Straddle premium amount, payer and dates. This amount is also determined at the fixingTime on the fixingDate.

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

<xsd:element maxOccurs="unbounded" minOccurs="0" name="premium" type="FxStraddlePremium"/>

settlementDate

Type:

AdjustableOrAdjustedDate, complex content

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).

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

straddleType

Type:

FxStraddleTypeEnum, simple content

The type Straddle as agreed on the Trade Date, e.g. at the money forward straddle, or delta neutral straddle.

Simple Content

enumeration of xsd:token

Enumeration:

"AtTheMoneyForward"	-	At the money forward straddle. See: http://www.FpML.org
"DeltaNeutral"	-	Delta neutral straddle. See: http://www.FpML.org

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

<xsd:element name="straddleType" type="FxStraddleTypeEnum"/>

tenorPeriod

Type:

Period, complex content

A Tenor (time to maturity) of the straddle starting from the Fixing Date (e.g. 1y, 3m)

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

<xsd:element minOccurs="0" name="tenorPeriod" type="Period"/>

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.