complexType "FxTrigger"
Namespace:
Content:
complex, 5 elements
Defined:
globally in fpml-fx-5-3.xsd; see XML source
Includes:
definitions of 5 elements
Used:
Content Model Diagram
XML Representation Summary
<...>
   
Content: 
triggerCondition?, quotedCurrencyPair?, triggerRate?, spotRate?, informationSource*
</...>
Content Model Elements (5):
informationSource (in trigger in fxDigitalOption), triggerCondition,
All Direct / Indirect Based Elements (1):
trigger (in fxDigitalOption)
Known Usage Locations
Annotation
Describes an FX trigger condition.
XML Source (w/o annotations (6); see within schema source)
<xsd:complexType name="FxTrigger">
<xsd:sequence>
<xsd:element minOccurs="0" name="triggerCondition" type="TriggerConditionEnum"/>
<xsd:element minOccurs="0" name="quotedCurrencyPair" type="QuotedCurrencyPair"/>
<xsd:element minOccurs="0" name="triggerRate" type="PositiveDecimal"/>
<xsd:element minOccurs="0" name="spotRate" type="PositiveDecimal"/>
<xsd:element maxOccurs="unbounded" minOccurs="0" name="informationSource" type="InformationSource"/>
</xsd:sequence>
</xsd:complexType>
Content Element Detail (all declarations; defined within this component only; 5/5)
informationSource
Type:
InformationSource, complex content
The information source where a published or displayed market rate will be obtained, e.g. Telerate Page 3750.
XML Source (w/o annotations (1); see within schema source)
<xsd:element maxOccurs="unbounded" minOccurs="0" name="informationSource" type="InformationSource"/>

quotedCurrencyPair
Type:
QuotedCurrencyPair, complex content
Defines the two currencies for an FX trade and the quotation relationship between the two currencies.
XML Source (w/o annotations (1); see within schema source)
<xsd:element minOccurs="0" name="quotedCurrencyPair" type="QuotedCurrencyPair"/>

spotRate
Type:
PositiveDecimal, simple content
An optional element used for FX forwards and certain types of FX OTC options. For deals consumated in the FX Forwards Market, this represents the current market rate for a particular currency pair. For barrier and digital/binary options, it can be useful to include the spot rate at the time the option was executed to make it easier to know whether the option needs to move "up" or "down" to be triggered.
Simple Content
xsd:decimal
minExclusive:
0
XML Source (w/o annotations (1); see within schema source)
<xsd:element minOccurs="0" name="spotRate" type="PositiveDecimal"/>

triggerCondition
Type:
TriggerConditionEnum, simple content
The condition that applies to a European-style trigger. It determines where the rate at expiry date and time at must be relative to the triggerRate for the option to be exercisable. The allowed values are "Above" and "Below".
Simple Content
enumeration of xsd:token
Enumeration:
"Above"
 - 
The spot rate must be greater than or equal to the trigger rate.
"Below"
 - 
The spot rate must be less than or equal to the trigger rate.
XML Source (w/o annotations (1); see within schema source)
<xsd:element minOccurs="0" name="triggerCondition" type="TriggerConditionEnum"/>

triggerRate
Type:
PositiveDecimal, simple content
The market rate is observed relative to the trigger rate, and if it is found to be on the predefined side of (above or below) the trigger rate, a trigger event is deemed to have occurred.
Simple Content
xsd:decimal
minExclusive:
0
XML Source (w/o annotations (1); see within schema source)
<xsd:element minOccurs="0" name="triggerRate" type="PositiveDecimal"/>

XML schema documentation generated with DocFlex/XML 1.8.6b2 using DocFlex/XML XSDDoc 2.5.1 template set. All content model diagrams generated by Altova XMLSpy via DocFlex/XML XMLSpy Integration.