complexType "ObservationShiftParameters"
Namespace:
http://www.fpml.org/FpML-5/confirmation
Content:
complex, 3 elements
Defined:
globally in fpml-shared-5-13.xsd; see XML source
Includes:
definitions of 2 elements
Used:
at 1 location
Component Diagram
XML Representation Summary
<...>
   
Content: 
offsetDays?, observationPeriodDates, additionalBusinessDays?
</...>
Content Model Elements (3):
additionalBusinessDays, observationPeriodDates, offsetDays
All Direct / Indirect Based Elements (1):
observationShift
Known Usage Locations
Annotation
Specifies parameters specific to the observation shift method of compounding/averaging.
Type Definition Detail
Type Derivation Tree
ObservationOffset (extension)
  ObservationShiftParameters
XML Source (w/o annotations (3); see within schema source)
<xsd:complexType name="ObservationShiftParameters">
<xsd:complexContent>
<xsd:extension base="ObservationOffset">
<xsd:sequence>
<xsd:element name="observationPeriodDates" type="ObservationPeriodDatesEnum"/>
<xsd:element minOccurs="0" name="additionalBusinessDays" type="BusinessCentersOrReference"/>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
Content Element Detail (all declarations; defined within this component only; 2/3)
additionalBusinessDays
Type:
BusinessCentersOrReference, complex content
Any additional business centers that are applicable to the observation shift calculation, in addition to the regular "applicableBusinessDays".
XML Source (w/o annotations (1); see within schema source)
<xsd:element minOccurs="0" name="additionalBusinessDays" type="BusinessCentersOrReference"/>
observationPeriodDates
Type:
ObservationPeriodDatesEnum, simple content
Specifies how the observation period is to be determined relative to the basic calculation period. Options include "standard" (observation period aligns with the calculation period except for any shifts/lookbacks/lockouts, i.e. it is set in arrears), "InAdvance" (observation period is based on the prior or deemed prior calculation period plus any shifts), or "FixingDate" (observation period is based on a fixing date defined the the FpML resetDates structure; this is used only for fallback rate definitions that reference existing resetDates structures.).
Simple Content
enumeration of xsd:token
Enumeration:
"SetInAdvance"
 - 
Calculations will occur relative to the first day of each calculation period, following the "set in advance" conventions outlined in the ISDA definitions. This means that the observation period will be relative to the prior or deemed prior calculation period.
See:  http://www.FpML.org
"Standard"
 - 
Calculations will occur using the standard observation conventions, i.e. relative to the current calculation period.
See:  http://www.FpML.org
"FixingDate"
 - 
Observations will be based on a fixing date offset specified in the FpML "resetDates" structure, so the observation period will end on a date shifted relative to that date. This option is available for fallback rate calculations and for RFR-based trades that mirror or mimic term-rate based trades.
See:  http://www.FpML.org
XML Source (w/o annotations (1); see within schema source)
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.