Specifies the units in which a price is quoted.
2012-09-14
priceQuoteUnitsScheme
1-6
http://www.fpml.org/coding-scheme/price-quote-units
http://www.fpml.org/coding-scheme/price-quote-units-1-6
http://www.fpml.org/coding-scheme/price-quote-units-1-6.xml
Code
63
Source
Description
key
Price
FpML
A price, expressed in currency units.

ParValueDecimal
FpML
A price, expressed in percentage of face value as a decimal, e.g. 101.5.

ParValueFraction
FpML
A price, expressed in percentage of face value with fractions, e.g. 101 3/8. Normally used for quoting bonds.

Rate
FpML
A yield (typically an interest rate) expressed as a decimal. I.e. 0.05 means 5%.

Discount
FpML
A discount factor expressed as a decimal, e.g. 0.95.

IRFuturesPrice
FpML
A IMM futures style price, e.g. 9750 is equivalent to 2.5%.

ExchangeRate
FpML
A dimensionless conversion rate, e.g. 1.2. Typically used for FX.

LogNormalVolatility
FpML
A log normal volatility, expressed in %/month, where the percentage is represented as a decimal. For example, 0.15 means a log-normal volatility of 15% per month.

BasisPointValue
FpML
The value (expressed in currency units) per basis point change in the underlying rate. Typically used for expressing sensitivity to interest rate chages ("IR delta" risk, "rho" risk).

BasisPointValuePerBasisPoint
FpML
The Basis Point Value (BPV) (expressed in currency units per basis point) per basis point change in the underlying rate. Typically used for expressing second order sensitivity to interest rate changes (IR "gamma" risk, "convexity").

ValuePerPercent
FpML
The value (expressed in currency units) per percent change in the underlying rate. Typically used for expressing sensitivity to volatility changes ("vega" risk).

ValuePerDay
FpML
The value (expressed in currency units) for a one day change in a valuation date. Typically used for expressing sensitivity to the passage of time ("theta" risk, "carry", etc.).

Shares
FpML
The number of units of stock. Typically used for expressing sensitivity to equity prices (equity "delta" risk).

Therm
FpML
Therm.

DTH
FpML
Dekatherm.

BTU
FpML
British Thermal Unit.

MMBTU
FpML
Million British Thermal Units.

MB
FpML
Thousand Barrels (BBL).

BBL
FpML
Barrel.

CBU
FpML
Corn Bushel.

OBU
FpML
Oats Bushel.

SBU
FpML
Soybean Bushel.

WBU
FpML
Wheat Bushel.

MJ
FpML
Megajoule.

GJ
FpML
Gigajoule.

hL
FpML
Hectolitre.

kL
FpML
Kilolitre.

L
FpML
Litre.

KW
FpML
Kilowatt.

MW
FpML
Megawatt.

GW
FpML
Gigawatt.

KWh
FpML
Kilowatt-hour.

MWh
FpML
Megawatt-hour.

GWh
FpML
Gigawatt-hour.

GAL
FpML
Gallon.

KG
FpML
Kilogram.

LB
FpML
Pound.

MT
FpML
Metric Tonne.

t
FpML
(Long) Ton.

st
FpML
Short Ton.

cwt
FpML
Hundredweight.

Ingot
FpML
Ingot.

ozt
FpML
Troy Ounce.

Day
FpML
Day (commonly used in Time Charter trades).

Allowances
FpML
Environmental allowance certificates.

CDD
FpML
Cooling Degree Day.

CPD
FpML
Critical Precipitation Day.

HDD
FpML
Heating Degree Day.

Percentage
FpML
A percentage values expressed as a decimal, i.e. .05 means 5%.

Amount
FpML
A numerical amount (typically a currency amount), expressed as a decimal value.

Spread
FpML
A difference in rates or prices expressed as a decimal. I.e. 0.05 means 5%.

UpfrontPoints
FpML
A difference in rates (typically FX rates) expressed as a decimal value.

BasisPoints
FpML
A value expressed in terms of one hundredths of a percent, i.e. 5 means 5 basis points (bp) or 0.05%.