element <buyerConvention> (local)
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Type: |
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Content: |
simple |
Defined: |
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XML Representation Summary |
<buyerConvention> |
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Content: |
{ enumeration of xsd:token } |
</buyerConvention> |
Simple Content Detail:
Enumeration: |
"Protection" |
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the buyer of the product effectively buys protection.
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"Risk" |
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the buyer of the product effectively buys risk (and, hence, sells protection).
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Included in content model of elements (1):
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Annotation
The purpose of this element is to disambiguate whether the buyer of the product effectively buys protection or whether he buys risk (and, hence, sells protection) in the case, such as high yields instruments, where no firm standard appears to exist at the execution level.
XML Source (w/o annotations (1); see within schema source)