Specifies the type of package.
2014-06-04
packageTypeScheme
1-0
http://www.fpml.org/coding-scheme/package-type
http://www.fpml.org/coding-scheme/package-type-1-0
http://www.fpml.org/coding-scheme/package-type-1-0.xml
Code
63
Source
Description
key
Butterfly
FpML
A strategy in which a firm either pays or receives fixed for intermediate term (the “body”), and does the opposite (receives or pays fixed) for a short and a long term (the “wings”).
CalendarRoll
FpML
A strategy in which a swap is used to Roll from one IMM date into another IMM swap.
CalendarSpread
FpML
A strategy in which 2 trades on different dates are done at the same time, e.g., Sept vs June.
Custom
FpML
A package created for a particular client need e.g., portfolioCompression, termination.
IndexRoll
FpML
A strategy in which a firms buys new version of index and sells and old version of the same index.
OneCancelsOthers
FpML
A package in which only a maximum of one of the components will be executed (used for credit limit checking/orders).
SwapSpread
FpML
A strategy in which a firm either buys a treasury and enters a payer swap, or sells treasury and enters a receiver swap.
Switch
FpML
A strategy in which a firm either pays or receives fixed for some term versus the opposite (receives or pays fixed) for different term. Typically the second term starts at the completion of the first.