element <precision> (local)

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

Component Diagram

XML Representation Summary
<precision>
	Content:	{ xsd:nonNegativeInteger }
</precision>

Included in content model of elements (5):

finalRateRounding,

rounding (defined in CommodityContent.model group),

rounding (defined in FloatingLegCalculation complexType),

rounding (defined in WeatherLegCalculation complexType),

rounding (in calculatedRate in calculationElements)

Annotation

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).

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

<xsd:element name="precision" type="xsd:nonNegativeInteger"/>

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.