Indicates a type of embedded option contained in an OTC derivative contract.
2012-05-11
embeddedOptionTypeScheme
1-0
http://www.fpml.org/coding-scheme/embedded-option-type
http://www.fpml.org/coding-scheme/embedded-option-type-1-0
http://www.fpml.org/coding-scheme/embedded-option-type-1-0.xml
Code
63
Source
Description
key
CancelableProvision
FpML
The right but not the obligation to terminate a trade early without additional payment.
ExtendibleProvision
FpML
The right but not the obligation to increase the term of a trade (without changing other terms) without additional payment.
OptionalEarlyTerminationProvision
FpML
The right but not the obligation to terminate a trade early with payment of fair market replacement value of the trade by the out of the money counterparty.