Contains a code representing the type of collateral obtained by a party to offset its counterparty risk.
2012-03-07
collateralTypeScheme
1-0
http://www.fpml.org/coding-scheme/collateral-type
http://www.fpml.org/coding-scheme/collateral-type-1-0
http://www.fpml.org/coding-scheme/collateral-type-1-0.xml
Code
63
Source
Description
key
Fully
FpML
Both initial margin (independent amount) and variation margin will be posted. For Transparency view, both parties will do this; for Recordkeeping view, this party will do this (a separate indicator in the other partyTradeInformation block is used for the other side).
OneWay
FpML
Applies to Transparency view only. One party will post some form of collateral (initial margin or variation margin.)
Partially
FpML
Variation margin (but not initial margin) will be posted. For Transparency view, both parties will do this; for Recordkeeping view, this party will do this (a separate indicator in the other partyTradeInformation block is used for the other side).
Uncollateralized
FpML
No collateral is posted for this trade. In Transparency view, no collateral is posted by either party; in Recordkeeping view, no collateral is posted by the counterparty.