---

Contents

Global Elements

equityLeg

equitySwap

equitySwapTransactionSupplement

interestLeg

returnLeg

varianceLeg

Global Complex Types

AdditionalPaymentAmount

EquityAmount

EquityLeg

EquityPaymentDates

EquitySwap

EquitySwapAdditionalPayment

EquitySwapBase

EquitySwapEarlyTerminationType

EquitySwapNotional

EquitySwapTransactionSupplement

EquitySwapValuation

EquitySwapValuationPrice

EquityVarianceAmount

Formula

FormulaComponent

InterestCalculation

InterestLeg

InterestLegCalculationPeriodDates

InterestLegResetDates

LegAmount

Math

PrincipalExchangeAmount

PrincipalExchangeDescriptions

PrincipalExchangeFeatures

Return

ReturnLeg

StartingDate

StubCalculationPeriod

Variance

VarianceLeg

Global Simple Types

Schema Listing

---

Global Elements

equityLeg

Description:

The equity amounts of the equity swap

Figure:

Contents:

Element equityLeg is defined by the complex type EquityLeg

Used by:

Schema Fragment:

<xsd:element name="equityLeg" type="EquityLeg" substitutionGroup="returnLeg">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      The equity amounts of the equity swap
    </xsd:documentation>
  </xsd:annotation>
</xsd:element>

---

equitySwap

Description:

Specifies the structure of the equity swap.

Figure:

Contents:

Element equitySwap is defined by the complex type EquitySwap

Used by:

Schema Fragment:

<xsd:element name="equitySwap" type="EquitySwap" substitutionGroup="product">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      Specifies the structure of the equity swap.
    </xsd:documentation>
  </xsd:annotation>
</xsd:element>

---

equitySwapTransactionSupplement

Description:

Specifies the structure of the equity swap transaction supplement

Figure:

Contents:

Element equitySwapTransactionSupplement is defined by the complex type EquitySwapTransactionSupplement

Used by:

Schema Fragment:

<xsd:element name="equitySwapTransactionSupplement" type="EquitySwapTransactionSupplement" substitutionGroup="product">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      Specifies the structure of the equity swap transaction supplement
    </xsd:documentation>
  </xsd:annotation>
</xsd:element>

---

interestLeg

Description:

The fixed income amounts of the equity swap

Figure:

Contents:

Element interestLeg is defined by the complex type InterestLeg

Used by:

Schema Fragment:

<xsd:element name="interestLeg" type="InterestLeg" substitutionGroup="returnLeg">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      The fixed income amounts of the equity swap
    </xsd:documentation>
  </xsd:annotation>
</xsd:element>

---

returnLeg

Description:

A placeholder for the actual Return Leg definition.

Figure:

Contents:

Element returnLeg is defined by the complex type ReturnLeg

Used by:

• EquitySwapBase

Substituted by:

• equityLeg
• interestLeg
• varianceLeg

Schema Fragment:

<xsd:element name="returnLeg" type="ReturnLeg" abstract="true">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      A placeholder for the actual Return Leg definition.
    </xsd:documentation>
  </xsd:annotation>
</xsd:element>

---

varianceLeg

Description:

The variance leg of the equity swap

Figure:

Contents:

Element varianceLeg is defined by the complex type VarianceLeg

Used by:

Schema Fragment:

<xsd:element name="varianceLeg" type="VarianceLeg" substitutionGroup="returnLeg">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      The variance leg of the equity swap
    </xsd:documentation>
  </xsd:annotation>
</xsd:element>

---

Global Complex Types

AdditionalPaymentAmount

Description:

Specifies the amount of the fee along with, when applicable, the formula that supports its determination.

Figure:

Contents:

paymentAmount (zero or one occurrence; of the type Money)

• The currency amount of the payment.

formula (zero or one occurrence; of the type Formula)

• Specifies a formula, with its description and components.

Used by:

• EquitySwapAdditionalPayment/additionalPaymentAmount

Schema Fragment:

<xsd:complexType name="AdditionalPaymentAmount">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      Specifies the amount of the fee along with, when applicable, the
      formula that supports its determination.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:sequence>
    <xsd:element name="paymentAmount" type="Money" minOccurs="0">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          The currency amount of the payment.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="formula" type="Formula" minOccurs="0">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Specifies a formula, with its description and components.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
  </xsd:sequence>
</xsd:complexType>

---

EquityAmount

Description:

Specifies, in relation to each Equity Payment Date, the amount to which the Equity Payment Date relates. Unless otherwise specified, this term has the meaning defined in the ISDA 2002 Equity Derivatives Definitions.

Figure:

Contents:

Inherited element(s): (This definition inherits the content defined by the type LegAmount)

• A type describing the amount that will paid or received on each of the payment dates. This type is used to define both the Equity Amount and the Interest Amount.

cashSettlement (exactly one occurrence; of the type xsd:boolean)

optionsExchangeDividends (zero or one occurrence; of the type xsd:boolean)

additionalDividends (zero or one occurrence; of the type xsd:boolean)

Used by:

• EquityLeg/equityAmount

Extension of:

• LegAmount

Derived Types:

• EquityVarianceAmount

Schema Fragment:

<xsd:complexType name="EquityAmount">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      Specifies, in relation to each Equity Payment Date, the amount to
      which the Equity Payment Date relates. Unless otherwise
      specified, this term has the meaning defined in the ISDA 2002
      Equity Derivatives Definitions.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:complexContent>
    <xsd:extension base="LegAmount">
      <xsd:sequence>
        <xsd:element name="cashSettlement" type="xsd:boolean"/>
        <xsd:element name="optionsExchangeDividends" type="xsd:boolean" minOccurs="0"/>
        <xsd:element name="additionalDividends" type="xsd:boolean" minOccurs="0"/>
      </xsd:sequence>
    </xsd:extension>
  </xsd:complexContent>
</xsd:complexType>

---

EquityLeg

Description:

A type describing the equity leg of the equity swap.

Figure:

Contents:

Inherited element(s): (This definition inherits the content defined by the type ReturnLeg)

• The abstract base class for all types of Return Leg.

effectiveDate (exactly one occurrence; of the type AdjustableOrRelativeDate)

• Specifies the effective date of the equity leg of the swap. When defined in relation to a date specified somewhere else in the document (through the relativeDate component), this element will typically point to the effective date of the other leg of the swap.

terminationDate (exactly one occurrence; of the type AdjustableOrRelativeDate)

• Specifies the termination date of the equity leg of the swap. When defined in relation to a date specified somewhere else in the document (through the relativeDate component), this element will typically point to the termination date of the other leg of the swap.

underlyer (exactly one occurrence; of the type Underlyer)

• Specifies the underlying component of the equity swap, which can be either one or many and consists in either equity, index or convertible bond component, or a combination of these.

valuation (exactly one occurrence; of the type EquitySwapValuation)

• Specifies the terms of the initial price of the equity swap and of the subsequent valuations of the equity underlyer.

notional (exactly one occurrence; of the type EquitySwapNotional)

• Specifies the notional of the equity swap. When used in the equity leg, the definition will typically combine the actual amount (using the notional component defined by the FpML industry group) and the determination method. When used in the interest leg, the definition will typically point to the definition of the equity leg.

equityAmount (exactly one occurrence; of the type EquityAmount)

• Specifies, in relation to each Equity Payment Date, the amount to which the Equity Payment Date relates. Unless otherwise specified, this term has the meaning defined in the ISDA 2002 Equity Derivatives Definitions.

return (exactly one occurrence; of the type Return)

• Specifies the conditions under which dividend affecting the underlyer will be paid to the receiver of the equity amounts.

notionalAdjustments (exactly one occurrence; of the type NotionalAdjustmentEnum)

• Specifies the conditions that govern the adjustment to the number of units of the equity swap.

fxFeature (zero or one occurrence; of the type FxFeature)

• A quanto or composite FX feature.

Used by:

Extension of:

• ReturnLeg

Schema Fragment:

<xsd:complexType name="EquityLeg">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      A type describing the equity leg of the equity swap.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:complexContent>
    <xsd:extension base="ReturnLeg">
      <xsd:sequence>
        <xsd:element name="effectiveDate" type="AdjustableOrRelativeDate">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the effective date of the equity leg of the
              swap. When defined in relation to a date specified
              somewhere else in the document (through the relativeDate
              component), this element will typically point to the
              effective date of the other leg of the swap.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="terminationDate" type="AdjustableOrRelativeDate">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the termination date of the equity leg of the
              swap. When defined in relation to a date specified
              somewhere else in the document (through the relativeDate
              component), this element will typically point to the
              termination date of the other leg of the swap.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="underlyer" type="Underlyer">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the underlying component of the equity swap,
              which can be either one or many and consists in either
              equity, index or convertible bond component, or a
              combination of these.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="valuation" type="EquitySwapValuation">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the terms of the initial price of the equity
              swap and of the subsequent valuations of the equity
              underlyer.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="notional" type="EquitySwapNotional">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the notional of the equity swap. When used in
              the equity leg, the definition will typically combine the
              actual amount (using the notional component defined by
              the FpML industry group) and the determination method.
              When used in the interest leg, the definition will
              typically point to the definition of the equity leg.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="equityAmount" type="EquityAmount">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies, in relation to each Equity Payment Date, the
              amount to which the Equity Payment Date relates. Unless
              otherwise specified, this term has the meaning defined in
              the ISDA 2002 Equity Derivatives Definitions.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="return" type="Return">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the conditions under which dividend affecting
              the underlyer will be paid to the receiver of the equity
              amounts.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="notionalAdjustments" type="NotionalAdjustmentEnum">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the conditions that govern the adjustment to
              the number of units of the equity swap.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="fxFeature" type="FxFeature" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="de">
              Quanto- oder Komposit-Devisenbestandteil.
            </xsd:documentation>
            <xsd:documentation xml:lang="en">
              A quanto or composite FX feature.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
    </xsd:extension>
  </xsd:complexContent>
</xsd:complexType>

---

EquityPaymentDates

Description:

A type describing the equity payment dates of the swap.

Figure:

Contents:

equityPaymentDatesInterim (zero or one occurrence; of the type AdjustableOrRelativeDates)

equityPaymentDateFinal (exactly one occurrence; of the type AdjustableOrRelativeDate)

Attribute: id (xsd:ID)

Used by:

• EquitySwapValuation/equityPaymentDates

Schema Fragment:

<xsd:complexType name="EquityPaymentDates">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      A type describing the equity payment dates of the swap.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:sequence>
    <xsd:element name="equityPaymentDatesInterim" type="AdjustableOrRelativeDates" minOccurs="0">
      <xsd:annotation>
        <xsd:documentation>
          Specifies the interim payment dates of the swap. When defined
          in relation to a date specified somewhere else in the
          document (through the relativeDates component), this element
          will typically refer to the valuation dates and add a lag
          corresponding to the settlement cycle of the underlyer.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="equityPaymentDateFinal" type="AdjustableOrRelativeDate">
      <xsd:annotation>
        <xsd:documentation>
          Specifies the final payment date of the swap. When defined in
          relation to a date specified somewhere else in the document
          (through the relativeDate component), this element will
          typically refer to the final valuation date and add a lag
          corresponding to the settlement cycle of the underlyer.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
  </xsd:sequence>
  <xsd:attribute name="id" type="xsd:ID"/>
</xsd:complexType>

---

EquitySwap

Description:

A type descripting the equity swaps.

Figure:

Contents:

Inherited element(s): (This definition inherits the content defined by the type EquitySwapBase)

• A type describing the components that are common for short and long form equity swaps representations.

principalExchangeFeatures (zero or one occurrence; of the type PrincipalExchangeFeatures)

• Specifies the principal exchange features of the equity swap.

additionalPayment (zero or more occurrences; of the type EquitySwapAdditionalPayment)

• Specifies additional payment(s) between the principal parties to the trade. This component extends some of the features of the additionalPayment component developed by the FpML industry group. Appropriate discussions will determine whether it would be appropriate to extend the shared component in order to meet the further requirements of equity swaps.

earlyTermination (zero or more occurrences; of the type EquitySwapEarlyTerminationType)

• Specifies, for one or for both the parties to the trade, the date from which it can early terminate it.

extraordinaryEvents (zero or one occurrence; of the type ExtraordinaryEvents)

• Where the underlying is shares, specifies events affecting the issuer of those shares that may require the terms of the transaction to be adjusted.

Used by:

Extension of:

• EquitySwapBase

Schema Fragment:

<xsd:complexType name="EquitySwap">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      A type descripting the equity swaps.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:complexContent>
    <xsd:extension base="EquitySwapBase">
      <xsd:sequence>
        <xsd:element name="principalExchangeFeatures" type="PrincipalExchangeFeatures" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the principal exchange features of the equity
              swap.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="additionalPayment" type="EquitySwapAdditionalPayment" minOccurs="0" maxOccurs="unbounded">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies additional payment(s) between the principal
              parties to the trade. This component extends some of the
              features of the additionalPayment component developed by
              the FpML industry group. Appropriate discussions will
              determine whether it would be appropriate to extend the
              shared component in order to meet the further
              requirements of equity swaps.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="earlyTermination" type="EquitySwapEarlyTerminationType" minOccurs="0" maxOccurs="unbounded">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies, for one or for both the parties to the trade,
              the date from which it can early terminate it.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="extraordinaryEvents" type="ExtraordinaryEvents" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="de">
              Ist der Basiswert eine Aktie, werden hiermit Ereignisse
              angegeben, die den Emittenten der Aktie betreffen und die
              eine Anpassung der Transaktionsbedingungen erfordern
              können.
            </xsd:documentation>
            <xsd:documentation xml:lang="en">
              Where the underlying is shares, specifies events
              affecting the issuer of those shares that may require the
              terms of the transaction to be adjusted.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
    </xsd:extension>
  </xsd:complexContent>
</xsd:complexType>

---

EquitySwapAdditionalPayment

Description:

A type describing the additional payment(s) between the principal parties to the trade. This component extends some of the features of the additionalPayment component previously developed in FpML. Appropriate discussions will determine whether it would be appropriate to extend the shared component in order to meet the further requirements of equity swaps.

Figure:

Contents:

payerPartyReference (exactly one occurrence; of the type PartyReference)

• A reference to the party responsible for making the payments defined by this structure.

receiverPartyReference (exactly one occurrence; of the type PartyReference)

• A reference to the party that receives the payments corresponding to this structure.

additionalPaymentAmount (exactly one occurrence; of the type AdditionalPaymentAmount)

• Specifies the amount of the fee along with, when applicable, the formula that supports its determination.

additionalPaymentDate (exactly one occurrence; of the type AdjustableOrRelativeDate)

• Specifies the value date of the fee payment/receipt.

paymentType (zero or one occurrence; of the type PaymentType)

Used by:

• EquitySwap/additionalPayment

Schema Fragment:

<xsd:complexType name="EquitySwapAdditionalPayment">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      A type describing the additional payment(s) between the principal
      parties to the trade. This component extends some of the features
      of the additionalPayment component previously developed in FpML.
      Appropriate discussions will determine whether it would be
      appropriate to extend the shared component in order to meet the
      further requirements of equity swaps.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:sequence>
    <xsd:group ref="PayerReceiver.model"/>
    <xsd:element name="additionalPaymentAmount" type="AdditionalPaymentAmount">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Specifies the amount of the fee along with, when applicable,
          the formula that supports its determination.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="additionalPaymentDate" type="AdjustableOrRelativeDate">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Specifies the value date of the fee payment/receipt.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="paymentType" type="PaymentType" minOccurs="0"/>
  </xsd:sequence>
</xsd:complexType>

---

EquitySwapBase

Description:

A type describing the components that are common for short and long form equity swaps representations.

Figure:

Contents:

Inherited element(s): (This definition inherits the content defined by the type Product)

• The base type which all FpML products extend.

buyerPartyReference (exactly one occurrence; of the type PartyReference)

• A reference to the party that buys this instrument, ie. pays for this instrument and receives the rights defined by it. See 2000 ISDA definitions Article 11.1 (b). In the case of FRAs this the fixed rate payer.

sellerPartyReference (exactly one occurrence; of the type PartyReference)

• A reference to the party that sells ("writes") this instrument, i.e. that grants the rights defined by this instrument and in return receives a payment for it. See 2000 ISDA definitions Article 11.1 (a). In the case of FRAs this is the floating rate payer.

returnLeg (one or more occurrences; of the type ReturnLeg)

• A placeholder for the actual Return Leg definition.

Used by:

Extension of:

• Product

Derived Types:

• EquitySwap
• EquitySwapTransactionSupplement

Schema Fragment:

<xsd:complexType name="EquitySwapBase">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      A type describing the components that are common for short and
      long form equity swaps representations.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:complexContent>
    <xsd:extension base="Product">
      <xsd:sequence>
        <xsd:group ref="BuyerSeller.model" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              BuyerSeller.model has been included as an optional child
              of EquitySwapBase to support the situation where an
              implementor wishes to indicate who has manufactured the
              Swap through representing them as the Seller. It may be
              removed in future major revisions.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:group>
        <xsd:element ref="returnLeg" maxOccurs="unbounded"/>
      </xsd:sequence>
    </xsd:extension>
  </xsd:complexContent>
</xsd:complexType>

---

EquitySwapEarlyTerminationType

Description:

A type describing the date from which each of the party may be allowed to terminate the trade.

Figure:

Contents:

partyReference (exactly one occurrence; of the type PartyReference)

startingDate (exactly one occurrence; of the type StartingDate)

• Specifies the date from which the early termination clause can be exercised.

Used by:

• EquitySwap/earlyTermination

Schema Fragment:

<xsd:complexType name="EquitySwapEarlyTerminationType">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      A type describing the date from which each of the party may be
      allowed to terminate the trade.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:sequence>
    <xsd:element name="partyReference" type="PartyReference"/>
    <xsd:element name="startingDate" type="StartingDate">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Specifies the date from which the early termination clause
          can be exercised.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
  </xsd:sequence>
</xsd:complexType>

---

EquitySwapNotional

Description:

Specifies the notional of the equity swap. When used in the equity leg, the definition will typically combine the actual amount (using the notional component defined by the FpML industry group) and the determination method. When used in the interest leg, the definition will typically point to the definition of the equity leg.

Figure:

Contents:

There can be one occurance of the following structure; Choice of either

determinationMethod (exactly one occurrence; of the type xsd:string)

• Specifies the method according to which an amount or a date is determined.

Or

notionalAmount (exactly one occurrence; of the type Money)

• The notional amount.

Or

amountRelativeTo (exactly one occurrence; of the type Reference)

Attribute: id (xsd:ID)

Used by:

• EquityLeg/notional
• InterestLeg/notional

Schema Fragment:

<xsd:complexType name="EquitySwapNotional">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      Specifies the notional of the equity swap. When used in the
      equity leg, the definition will typically combine the actual
      amount (using the notional component defined by the FpML industry
      group) and the determination method. When used in the interest
      leg, the definition will typically point to the definition of the
      equity leg.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:choice>
    <xsd:element name="determinationMethod" type="xsd:string">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Specifies the method according to which an amount or a date
          is determined.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="notionalAmount" type="Money">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          The notional amount.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="amountRelativeTo" type="Reference"/>
  </xsd:choice>
  <xsd:attribute name="id" type="xsd:ID"/>
</xsd:complexType>

---

EquitySwapTransactionSupplement

Description:

A type for defining Equity Swap Transaction Supplement

Figure:

Contents:

Inherited element(s): (This definition inherits the content defined by the type EquitySwapBase)

• A type describing the components that are common for short and long form equity swaps representations.

mutualEarlyTermination (zero or one occurrence; of the type xsd:boolean)

• Used for specifying whether the Mutual Early Termination Right that is detailed in the Master Confirmation will apply.

Used by:

Extension of:

• EquitySwapBase

Schema Fragment:

<xsd:complexType name="EquitySwapTransactionSupplement">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      A type for defining Equity Swap Transaction Supplement
    </xsd:documentation>
  </xsd:annotation>
  <xsd:complexContent>
    <xsd:extension base="EquitySwapBase">
      <xsd:sequence>
        <xsd:element name="mutualEarlyTermination" type="xsd:boolean" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Used for specifying whether the Mutual Early Termination
              Right that is detailed in the Master Confirmation will
              apply.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
    </xsd:extension>
  </xsd:complexContent>
</xsd:complexType>

---

EquitySwapValuation

Description:

A type describing the initial and final valuation of the equity underlyer.

Figure:

Contents:

initialPrice (exactly one occurrence; of the type EquitySwapValuationPrice)

• Specifies the initial reference price of the equity underlyer. This price can be expressed either as an actual amount/currency, as a determination method, or by reference to another value specified in the swap document.

equityNotionalReset (exactly one occurrence; of the type xsd:boolean)

• The term "Equity Notional Reset" is assumed to have the meaning as defined in the ISDA 2002 Equity Derivatives Definitions. The reference to the ISDA definition is either "Applicable" or 'Inapplicable".

valuationPriceInterim (zero or one occurrence; of the type EquitySwapValuationPrice)

• Specifies the interim valuation price of the equity underlyer. This price can be expressed either as an actual amount/currency, as a determination method, or by reference to another value specified in the swap document.

valuationPriceFinal (exactly one occurrence; of the type EquitySwapValuationPrice)

• Specifies the final valuation price of the equity underlyer. This price can be expressed either as an actual amount/currency, as a determination method, or by reference to another value specified in the swap document.

equityPaymentDates (exactly one occurrence; of the type EquityPaymentDates)

• Specifies the equity payment dates of the swap.

Used by:

• EquityLeg/valuation

Schema Fragment:

<xsd:complexType name="EquitySwapValuation">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      A type describing the initial and final valuation of the equity
      underlyer.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:sequence>
    <xsd:element name="initialPrice" type="EquitySwapValuationPrice">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Specifies the initial reference price of the equity
          underlyer. This price can be expressed either as an actual
          amount/currency, as a determination method, or by reference
          to another value specified in the swap document.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="equityNotionalReset" type="xsd:boolean">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          The term "Equity Notional Reset" is assumed to have the
          meaning as defined in the ISDA 2002 Equity Derivatives
          Definitions. The reference to the ISDA definition is either
          "Applicable" or 'Inapplicable".
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="valuationPriceInterim" type="EquitySwapValuationPrice" minOccurs="0">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Specifies the interim valuation price of the equity
          underlyer. This price can be expressed either as an actual
          amount/currency, as a determination method, or by reference
          to another value specified in the swap document.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="valuationPriceFinal" type="EquitySwapValuationPrice">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Specifies the final valuation price of the equity underlyer.
          This price can be expressed either as an actual
          amount/currency, as a determination method, or by reference
          to another value specified in the swap document.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="equityPaymentDates" type="EquityPaymentDates">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Specifies the equity payment dates of the swap.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
  </xsd:sequence>
</xsd:complexType>

---

EquitySwapValuationPrice

Description:

Figure:

Contents:

Inherited element(s): (This definition inherits the content defined by the type Price)

• A type describing the strike price.

equityValuation (zero or one occurrence; of the type EquityValuation)

Used by:

• EquitySwapValuation/initialPrice
• EquitySwapValuation/valuationPriceFinal
• EquitySwapValuation/valuationPriceInterim

Extension of:

• Price

Schema Fragment:

<xsd:complexType name="EquitySwapValuationPrice">
  <xsd:complexContent>
    <xsd:extension base="Price">
      <xsd:sequence>
        <xsd:element name="equityValuation" type="EquityValuation" minOccurs="0"/>
      </xsd:sequence>
    </xsd:extension>
  </xsd:complexContent>
</xsd:complexType>

---

EquityVarianceAmount

Description:

Specifies, in relation to each Equity Payment Date, the amount to which the Equity Payment Date relates for Variance Swaps. Unless otherwise specified, this term has the meaning defined in the ISDA 2002 Equity Derivatives Definitions.

Figure:

Contents:

Inherited element(s): (This definition inherits the content defined by the type EquityAmount)

• Specifies, in relation to each Equity Payment Date, the amount to which the Equity Payment Date relates. Unless otherwise specified, this term has the meaning defined in the ISDA 2002 Equity Derivatives Definitions.

cashSettlementPaymentDate (zero or one occurrence; of the type AdjustableOrRelativeDate)

• Typically specified as a number of days following the valuation date, such as one settlement cycle following the valuation date. Number of days can vary in the European market.

observationStartDate (zero or one occurrence; of the type StartingDate)

• The start of the period over which observations are made to determine the variance. Used when the date differs from the trade date such as for forward starting variance swaps.

Used by:

• VarianceLeg/equityAmount

Extension of:

• EquityAmount

Schema Fragment:

<xsd:complexType name="EquityVarianceAmount">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      Specifies, in relation to each Equity Payment Date, the amount to
      which the Equity Payment Date relates for Variance Swaps. Unless
      otherwise specified, this term has the meaning defined in the
      ISDA 2002 Equity Derivatives Definitions.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:complexContent>
    <xsd:extension base="EquityAmount">
      <xsd:sequence>
        <xsd:element name="cashSettlementPaymentDate" type="AdjustableOrRelativeDate" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Typically specified as a number of days following the
              valuation date, such as one settlement cycle following
              the valuation date. Number of days can vary in the
              European market.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="observationStartDate" type="StartingDate" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              The start of the period over which observations are made
              to determine the variance. Used when the date differs
              from the trade date such as for forward starting variance
              swaps.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
    </xsd:extension>
  </xsd:complexContent>
</xsd:complexType>

---

Formula

Description:

A type describing a financial formula, with its description and components.

Figure:

Contents:

formulaDescription (zero or one occurrence; of the type xsd:string)

• Text description of the formula

math (zero or one occurrence; of the type Math)

• An element for containing an XML representation of the formula. Defined using xsd:any currently for flexibility in choice of language (MathML, OpenMath)

formulaComponent (zero or more occurrences; of the type FormulaComponent)

• Elements describing the components of the formula. The name attribute points to a value used in the math element. The href attribute points to a value elsewhere in the document

Used by:

• AdditionalPaymentAmount/formula
• FormulaComponent/formula
• LegAmount/formula

Schema Fragment:

<xsd:complexType name="Formula">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      A type describing a financial formula, with its description and
      components.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:sequence>
    <xsd:element name="formulaDescription" type="xsd:string" minOccurs="0">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Text description of the formula
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="math" type="Math" minOccurs="0">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          An element for containing an XML representation of the
          formula. Defined using xsd:any currently for flexibility in
          choice of language (MathML, OpenMath)
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="formulaComponent" type="FormulaComponent" minOccurs="0" maxOccurs="unbounded">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Elements describing the components of the formula. The name
          attribute points to a value used in the math element. The
          href attribute points to a value elsewhere in the document
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
  </xsd:sequence>
</xsd:complexType>

---

FormulaComponent

Description:

Elements describing the components of the formula. The name attribute points to a value used in the math element. The href attribute points to a value elsewhere in the document

Figure:

Contents:

componentDescription (exactly one occurrence; of the type xsd:string)

• Text description of the component

formula (zero or one occurrence; of the type Formula)

• Additional formulas required to describe this component

Attribute: name (xsd:normalizedString)

Attribute: href (xsd:IDREF)

Used by:

• Formula/formulaComponent

Schema Fragment:

<xsd:complexType name="FormulaComponent">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      Elements describing the components of the formula. The name
      attribute points to a value used in the math element. The href
      attribute points to a value elsewhere in the document
    </xsd:documentation>
  </xsd:annotation>
  <xsd:sequence>
    <xsd:element name="componentDescription" type="xsd:string">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Text description of the component
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="formula" type="Formula" minOccurs="0">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Additional formulas required to describe this component
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
  </xsd:sequence>
  <xsd:attribute name="name" type="xsd:normalizedString"/>
  <xsd:attribute name="href" type="xsd:IDREF"/>
</xsd:complexType>

---

InterestCalculation

Description:

Specifies the calculation method of the interest rate leg of the equity swap. Includes the floating or fixed rate calculation definitions, along with the determination of the day count fraction.

Figure:

Contents:

Inherited element(s): (This definition inherits the content defined by the type InterestAccrualsMethod)

• A type describing the method for accruing interests on dividends. Can be either a fixed rate reference or a floating rate reference.

dayCountFraction (exactly one occurrence; of the type DayCountFraction)

• The day count fraction.

Used by:

• InterestLeg/interestCalculation

Extension of:

• InterestAccrualsMethod

Schema Fragment:

<xsd:complexType name="InterestCalculation">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      Specifies the calculation method of the interest rate leg of the
      equity swap. Includes the floating or fixed rate calculation
      definitions, along with the determination of the day count
      fraction.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:complexContent>
    <xsd:extension base="InterestAccrualsMethod">
      <xsd:sequence>
        <xsd:element name="dayCountFraction" type="DayCountFraction">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              The day count fraction.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
    </xsd:extension>
  </xsd:complexContent>
</xsd:complexType>

---

InterestLeg

Description:

A type describing the fixed income leg of the equity swap.

Figure:

Contents:

Inherited element(s): (This definition inherits the content defined by the type ReturnLeg)

• The abstract base class for all types of Return Leg.

interestLegCalculationPeriodDates (exactly one occurrence; of the type InterestLegCalculationPeriodDates)

• Component that holds the various dates used to specify the interest leg of the equity swap. It is used to define the InterestPeriodDates identifyer.

notional (exactly one occurrence; of the type EquitySwapNotional)

• Specifies the notional of the equity swap. When used in the equity leg, the definition will typically combine the actual amount (using the notional component defined by the FpML industry group) and the determination method. When used in the interest leg, the definition will typically point to the definition of the equity leg.

interestAmount (exactly one occurrence; of the type LegAmount)

• Specifies, in relation to each Interest Payment Date, the amount to which the Interest Payment Date relates. Unless otherwise specified, this term has the meaning defined in the ISDA 2000 ISDA Definitions.

interestCalculation (exactly one occurrence; of the type InterestCalculation)

• Specifies the calculation method of the interest rate leg of the equity swap. Includes the floating or fixed rate calculation definitions, along with the determination of the day count fraction.

stubCalculationPeriod (zero or one occurrence; of the type StubCalculationPeriod)

• Specifies the stub calculation period

Used by:

Extension of:

• ReturnLeg

Schema Fragment:

<xsd:complexType name="InterestLeg">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      A type describing the fixed income leg of the equity swap.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:complexContent>
    <xsd:extension base="ReturnLeg">
      <xsd:sequence>
        <xsd:element name="interestLegCalculationPeriodDates" type="InterestLegCalculationPeriodDates">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Component that holds the various dates used to specify
              the interest leg of the equity swap. It is used to define
              the InterestPeriodDates identifyer.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="notional" type="EquitySwapNotional">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the notional of the equity swap. When used in
              the equity leg, the definition will typically combine the
              actual amount (using the notional component defined by
              the FpML industry group) and the determination method.
              When used in the interest leg, the definition will
              typically point to the definition of the equity leg.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="interestAmount" type="LegAmount">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies, in relation to each Interest Payment Date, the
              amount to which the Interest Payment Date relates. Unless
              otherwise specified, this term has the meaning defined in
              the ISDA 2000 ISDA Definitions.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="interestCalculation" type="InterestCalculation">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the calculation method of the interest rate leg
              of the equity swap. Includes the floating or fixed rate
              calculation definitions, along with the determination of
              the day count fraction.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="stubCalculationPeriod" type="StubCalculationPeriod" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the stub calculation period
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
    </xsd:extension>
  </xsd:complexContent>
</xsd:complexType>

---

InterestLegCalculationPeriodDates

Description:

Component that holds the various dates used to specify the interest leg of the equity swap. It is used to define the InterestPeriodDates identifyer.

Figure:

Contents:

effectiveDate (exactly one occurrence; of the type AdjustableOrRelativeDate)

• Specifies the effective date of the equity swap. This global element is valid within the equity swaps namespace. Within the FpML namespace, another effectiveDate global element has been defined, that is different in the sense that it does not propose the choice of refering to another date in the document.

terminationDate (exactly one occurrence; of the type AdjustableOrRelativeDate)

• Specifies the termination date of the equity swap. This global element is valid within the equity swaps namespace. Within the FpML namespace, another terminationDate global element has been defined, that is different in the sense that it does not propose the choice of refering to another date in the document.

interestLegResetDates (exactly one occurrence; of the type InterestLegResetDates)

• Specifies the reset dates of the interest leg of the swap.

interestLegPaymentDates (exactly one occurrence; of the type AdjustableOrRelativeDates)

• Specifies the payment dates of the interest leg of the swap. When defined in relation to a date specified somewhere else in the document (through the relativeDates component), this element will typically point to the payment dates of the equity leg of the swap.

Attribute: id (xsd:ID) - required

Used by:

• InterestLeg/interestLegCalculationPeriodDates

Schema Fragment:

<xsd:complexType name="InterestLegCalculationPeriodDates">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      Component that holds the various dates used to specify the
      interest leg of the equity swap. It is used to define the
      InterestPeriodDates identifyer.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:sequence>
    <xsd:element name="effectiveDate" type="AdjustableOrRelativeDate">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Specifies the effective date of the equity swap. This global
          element is valid within the equity swaps namespace. Within
          the FpML namespace, another effectiveDate global element has
          been defined, that is different in the sense that it does not
          propose the choice of refering to another date in the
          document.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="terminationDate" type="AdjustableOrRelativeDate">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Specifies the termination date of the equity swap. This
          global element is valid within the equity swaps namespace.
          Within the FpML namespace, another terminationDate global
          element has been defined, that is different in the sense that
          it does not propose the choice of refering to another date in
          the document.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="interestLegResetDates" type="InterestLegResetDates">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Specifies the reset dates of the interest leg of the swap.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="interestLegPaymentDates" type="AdjustableOrRelativeDates">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Specifies the payment dates of the interest leg of the swap.
          When defined in relation to a date specified somewhere else
          in the document (through the relativeDates component), this
          element will typically point to the payment dates of the
          equity leg of the swap.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
  </xsd:sequence>
  <xsd:attribute name="id" type="xsd:ID" use="required"/>
</xsd:complexType>

---

InterestLegResetDates

Description:

Figure:

Contents:

calculationPeriodDatesReference (exactly one occurrence; of the type DateReference)

• A pointer style reference to the associated calculation period dates component defined elsewhere in the document.

There can be one occurance of the following structure; Choice of either

resetRelativeTo (exactly one occurrence; of the type ResetRelativeToEnum)

• Specifies whether the reset dates are determined with respect to each adjusted calculation period start date or adjusted calculation period end date. If the reset frequency is specified as daily this element must not be included.

Or

resetFrequency (exactly one occurrence; of the type ResetFrequency)

• The frequency at which reset dates occur. In the case of a weekly reset frequency, also specifies the day of the week that the reset occurs. If the reset frequency is greater than the calculation period frequency then this implies that more than one reset date is established for each calculation period and some form of rate averaging is applicable.

Used by:

• InterestLegCalculationPeriodDates/interestLegResetDates

Schema Fragment:

<xsd:complexType name="InterestLegResetDates">
  <xsd:sequence>
    <xsd:element name="calculationPeriodDatesReference" type="DateReference">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          A pointer style reference to the associated calculation
          period dates component defined elsewhere in the document.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:choice>
      <xsd:element name="resetRelativeTo" type="ResetRelativeToEnum">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies whether the reset dates are determined with
            respect to each adjusted calculation period start date or
            adjusted calculation period end date. If the reset
            frequency is specified as daily this element must not be
            included.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="resetFrequency" type="ResetFrequency">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            The frequency at which reset dates occur. In the case of a
            weekly reset frequency, also specifies the day of the week
            that the reset occurs. If the reset frequency is greater
            than the calculation period frequency then this implies
            that more than one reset date is established for each
            calculation period and some form of rate averaging is
            applicable.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
    </xsd:choice>
  </xsd:sequence>
</xsd:complexType>

---

LegAmount

Description:

A type describing the amount that will paid or received on each of the payment dates. This type is used to define both the Equity Amount and the Interest Amount.

Figure:

Contents:

paymentCurrency (zero or one occurrence; of the type PaymentCurrency)

• Currency in which the payment relating to the leg amount (equity amount or interest amount) or the dividend will be denominated.

There can be one occurance of the following structure; Choice of either

referenceAmount (exactly one occurrence; of the type ReferenceAmount)

• Specifies the reference Amount when this term either corresponds to the standard ISDA Definition (either the 2002 Equity Definition for the Equity Amount, or the 2000 Definition for the Interest Amount), or points to a term defined elsewhere in the swap document.

Or

formula (exactly one occurrence; of the type Formula)

• Specifies a formula, with its description and components.

Or

encodedDescription (exactly one occurrence; of the type xsd:base64Binary)

• Description of the leg amount when represented through an encoded image.

Or

variance (exactly one occurrence; of the type Variance)

• Specifies Variance for Variance Leg

calculationDates (zero or one occurrence; of the type AdjustableRelativeOrPeriodicDates)

• Specifies the date ion which a calculation or an observation will be performed for the purpose of defining the Equity Amount, and in accordance to the definition terms of this latter.

Used by:

• InterestLeg/interestAmount

Derived Types:

• EquityAmount

Schema Fragment:

<xsd:complexType name="LegAmount">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      A type describing the amount that will paid or received on each
      of the payment dates. This type is used to define both the Equity
      Amount and the Interest Amount.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:sequence>
    <xsd:element name="paymentCurrency" type="PaymentCurrency" minOccurs="0">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Currency in which the payment relating to the leg amount
          (equity amount or interest amount) or the dividend will be
          denominated.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:choice>
      <xsd:element name="referenceAmount" type="ReferenceAmount">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies the reference Amount when this term either
            corresponds to the standard ISDA Definition (either the
            2002 Equity Definition for the Equity Amount, or the 2000
            Definition for the Interest Amount), or points to a term
            defined elsewhere in the swap document.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="formula" type="Formula">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies a formula, with its description and components.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="encodedDescription" type="xsd:base64Binary">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Description of the leg amount when represented through an
            encoded image.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="variance" type="Variance">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies Variance for Variance Leg
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
    </xsd:choice>
    <xsd:element name="calculationDates" type="AdjustableRelativeOrPeriodicDates" minOccurs="0">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Specifies the date ion which a calculation or an observation
          will be performed for the purpose of defining the Equity
          Amount, and in accordance to the definition terms of this
          latter.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
  </xsd:sequence>
</xsd:complexType>

---

Math

Description:

Figure:

Contents:

Used by:

• Formula/math

Schema Fragment:

<xsd:complexType name="Math" mixed="true">
  <xsd:sequence>
    <xsd:any namespace="##any" processContents="skip" maxOccurs="unbounded"/>
  </xsd:sequence>
</xsd:complexType>

---

PrincipalExchangeAmount

Description:

Specifies the principal exchange amount, either by explicitly defining it, or by point to an amount defined somewhere else in the swap document.

Figure:

Contents:

There can be one occurance of the following structure; Choice of either

amountRelativeTo (exactly one occurrence; of the type Reference)

Or

determinationMethod (exactly one occurrence; of the type xsd:string)

• Specifies the method according to which an amount or a date is determined.

Or

principalAmount (exactly one occurrence; of the type Money)

• Principal exchange amount when explictly stated.

Used by:

• PrincipalExchangeDescriptions/principalExchangeAmount

Schema Fragment:

<xsd:complexType name="PrincipalExchangeAmount">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      Specifies the principal exchange amount, either by explicitly
      defining it, or by point to an amount defined somewhere else in
      the swap document.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:choice>
    <xsd:element name="amountRelativeTo" type="Reference"/>
    <xsd:element name="determinationMethod" type="xsd:string">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Specifies the method according to which an amount or a date
          is determined.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="principalAmount" type="Money">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Principal exchange amount when explictly stated.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
  </xsd:choice>
</xsd:complexType>

---

PrincipalExchangeDescriptions

Description:

Specifies each of the characteristics of the principal exchange cashflows, in terms of paying/receiving counterparties, amounts and dates.

Figure:

Contents:

payerPartyReference (exactly one occurrence; of the type PartyReference)

• A reference to the party responsible for making the payments defined by this structure.

receiverPartyReference (exactly one occurrence; of the type PartyReference)

• A reference to the party that receives the payments corresponding to this structure.

principalExchangeAmount (exactly one occurrence; of the type PrincipalExchangeAmount)

• Specifies the principal echange amount, either by explicitly defining it, or by point to an amount defined somewhere else in the swap document.

principalExchangeDate (exactly one occurrence; of the type AdjustableOrRelativeDate)

• Date on which each of the principal exchanges will take place. This date is either explictly stated, or is defined by reference to another date in the swap document. In this latter case, it will typically refer to one other date of the equity leg: either the effective date (initial exchange), or the last payment date (final exchange).

Used by:

• PrincipalExchangeFeatures/principalExchangeDescriptions

Schema Fragment:

<xsd:complexType name="PrincipalExchangeDescriptions">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      Specifies each of the characteristics of the principal exchange
      cashflows, in terms of paying/receiving counterparties, amounts
      and dates.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:sequence>
    <xsd:group ref="PayerReceiver.model"/>
    <xsd:element name="principalExchangeAmount" type="PrincipalExchangeAmount">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Specifies the principal echange amount, either by explicitly
          defining it, or by point to an amount defined somewhere else
          in the swap document.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="principalExchangeDate" type="AdjustableOrRelativeDate">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Date on which each of the principal exchanges will take
          place. This date is either explictly stated, or is defined by
          reference to another date in the swap document. In this
          latter case, it will typically refer to one other date of the
          equity leg: either the effective date (initial exchange), or
          the last payment date (final exchange).
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
  </xsd:sequence>
</xsd:complexType>

---

PrincipalExchangeFeatures

Description:

A type describing the principal exchange features of the equity swap.

Figure:

Contents:

principalExchanges (exactly one occurrence; of the type PrincipalExchanges)

• The true/false flags indicating whether initial, intermediate or final exchanges of principal should occur.

principalExchangeDescriptions (one or more occurrences; of the type PrincipalExchangeDescriptions)

• Specifies each of the characteristics of the principal exchange cashflows, in terms of paying/receiving counterparties, amounts and dates.

Used by:

• EquitySwap/principalExchangeFeatures

Schema Fragment:

<xsd:complexType name="PrincipalExchangeFeatures">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      A type describing the principal exchange features of the equity
      swap.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:sequence>
    <xsd:element name="principalExchanges" type="PrincipalExchanges">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          The true/false flags indicating whether initial, intermediate
          or final exchanges of principal should occur.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="principalExchangeDescriptions" type="PrincipalExchangeDescriptions" maxOccurs="unbounded">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Specifies each of the characteristics of the principal
          exchange cashflows, in terms of paying/receiving
          counterparties, amounts and dates.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
  </xsd:sequence>
</xsd:complexType>

---

Return

Description:

A type describing the dividend return conditions applicable to the swap.

Figure:

Contents:

returnType (exactly one occurrence; of the type ReturnTypeEnum)

• Defines the type of return associated with the equity swap.

dividendConditions (zero or one occurrence; of the type DividendConditions)

• Specifies the conditions governing the payment of the dividends to the receiver of the equity return. With the exception of the dividend payout ratio, which is defined for each of the underlying components.

Used by:

• EquityLeg/return

Schema Fragment:

<xsd:complexType name="Return">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      A type describing the dividend return conditions applicable to
      the swap.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:sequence>
    <xsd:element name="returnType" type="ReturnTypeEnum">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Defines the type of return associated with the equity swap.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="dividendConditions" type="DividendConditions" minOccurs="0">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Specifies the conditions governing the payment of the
          dividends to the receiver of the equity return. With the
          exception of the dividend payout ratio, which is defined for
          each of the underlying components.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
  </xsd:sequence>
</xsd:complexType>

---

ReturnLeg

Description:

The abstract base class for all types of Return Leg.

Figure:

Contents:

payerPartyReference (exactly one occurrence; of the type PartyReference)

• A reference to the party responsible for making the payments defined by this structure.

receiverPartyReference (exactly one occurrence; of the type PartyReference)

• A reference to the party that receives the payments corresponding to this structure.

Attribute: legIdentifier (xsd:ID)

Used by:

Derived Types:

• EquityLeg
• InterestLeg
• VarianceLeg

Schema Fragment:

<xsd:complexType name="ReturnLeg" abstract="true">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      The abstract base class for all types of Return Leg.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:sequence>
    <xsd:group ref="PayerReceiver.model"/>
  </xsd:sequence>
  <xsd:attribute name="legIdentifier" type="xsd:ID"/>
</xsd:complexType>

---

StartingDate

Description:

Figure:

Contents:

There can be one occurance of the following structure; Choice of either

dateRelativeTo (exactly one occurrence; of the type DateRelativeTo)

Or

adjustableDate (exactly one occurrence; of the type AdjustableDate)

Used by:

• EquitySwapEarlyTerminationType/startingDate
• EquityVarianceAmount/observationStartDate

Schema Fragment:

<xsd:complexType name="StartingDate">
  <xsd:annotation>
    <xsd:documentation>
      A type specifying the date from which the early termination
      clause can be exercised.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:choice>
    <xsd:element name="dateRelativeTo" type="DateRelativeTo"/>
    <xsd:element name="adjustableDate" type="AdjustableDate"/>
  </xsd:choice>
</xsd:complexType>

---

StubCalculationPeriod

Description:

A type describing the Stub Calculation Period

Figure:

Contents:

There can be one occurance of the following structure; Choice of either

finalStub (exactly one occurrence; of the type Stub)

Used by:

• InterestLeg/stubCalculationPeriod

Schema Fragment:

<xsd:complexType name="StubCalculationPeriod">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      A type describing the Stub Calculation Period
    </xsd:documentation>
  </xsd:annotation>
  <xsd:choice>
    <xsd:sequence>
      <xsd:element name="initialStub" type="Stub"/>
      <xsd:element name="finalStub" type="Stub" minOccurs="0"/>
    </xsd:sequence>
    <xsd:element name="finalStub" type="Stub"/>
  </xsd:choice>
</xsd:complexType>

---

Variance

Description:

A type describing the variance amount of a variance swap

Figure:

Contents:

There can be one occurance of the following structure; Choice of either

initialLevel (exactly one occurrence; of the type xsd:decimal)

Or

closingLevel (exactly one occurrence; of the type xsd:boolean)

varianceAmount (exactly one occurrence; of the type Money)

There can be one occurance of the following structure; Choice of either

volatilityStrikePrice (exactly one occurrence; of the type xsd:decimal)

Or

varianceStrikePrice (exactly one occurrence; of the type xsd:decimal)

expectedN (zero or one occurrence; of the type xsd:integer)

varianceCap (zero or one occurrence; of the type xsd:boolean)

unadjustedVarianceCap (zero or one occurrence; of the type xsd:decimal)

• For use when varianceCap is applicable. Contains the scaling factor of the Variance Cap that can differ on a trade-by-trade basis in the European market. For example, a Variance Cap of 2.5^2 x Variance Strike Price has an unadjustedVarianceCap of 2.5.

exchangeTradedContractNearest (zero or one occurrence; of the type ExchangeTradedContract)

Used by:

• LegAmount/variance

Schema Fragment:

<xsd:complexType name="Variance">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      A type describing the variance amount of a variance swap
    </xsd:documentation>
  </xsd:annotation>
  <xsd:sequence>
    <xsd:choice>
      <xsd:element name="initialLevel" type="xsd:decimal"/>
      <xsd:element name="closingLevel" type="xsd:boolean"/>
    </xsd:choice>
    <xsd:element name="varianceAmount" type="Money"/>
    <xsd:choice>
      <xsd:element name="volatilityStrikePrice" type="xsd:decimal"/>
      <xsd:element name="varianceStrikePrice" type="xsd:decimal"/>
    </xsd:choice>
    <xsd:element name="expectedN" type="xsd:integer" minOccurs="0"/>
    <xsd:element name="varianceCap" type="xsd:boolean" minOccurs="0"/>
    <xsd:element name="unadjustedVarianceCap" type="xsd:decimal" minOccurs="0">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          For use when varianceCap is applicable. Contains the scaling
          factor of the Variance Cap that can differ on a
          trade-by-trade basis in the European market. For example, a
          Variance Cap of 2.5^2 x Variance Strike Price has an
          unadjustedVarianceCap of 2.5.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="exchangeTradedContractNearest" type="ExchangeTradedContract" minOccurs="0"/>
  </xsd:sequence>
</xsd:complexType>

---

VarianceLeg

Description:

A type describing the variance leg of the equity swap.

Figure:

Contents:

Inherited element(s): (This definition inherits the content defined by the type ReturnLeg)

• The abstract base class for all types of Return Leg.

underlyer (exactly one occurrence; of the type Underlyer)

• Specifies the underlying component of the variance swap, which can be either one or many and consists in either equity, index or convertible bond component, or a combination of these.

equityValuation (exactly one occurrence; of the type EquityValuation)

• Equity Valuation

equityAmount (exactly one occurrence; of the type EquityVarianceAmount)

• Specifies, in relation to each Equity Payment Date, the amount to which the Equity Payment Date relates. Unless otherwise specified, this term has the meaning defined in the ISDA 2002 Equity Derivatives Definitions.

Used by:

Extension of:

• ReturnLeg

Schema Fragment:

<xsd:complexType name="VarianceLeg">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      A type describing the variance leg of the equity swap.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:complexContent>
    <xsd:extension base="ReturnLeg">
      <xsd:sequence>
        <xsd:element name="underlyer" type="Underlyer">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the underlying component of the variance swap,
              which can be either one or many and consists in either
              equity, index or convertible bond component, or a
              combination of these.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="equityValuation" type="EquityValuation">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Equity Valuation
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="equityAmount" type="EquityVarianceAmount">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies, in relation to each Equity Payment Date, the
              amount to which the Equity Payment Date relates. Unless
              otherwise specified, this term has the meaning defined in
              the ISDA 2002 Equity Derivatives Definitions.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
    </xsd:extension>
  </xsd:complexContent>
</xsd:complexType>

---

Global Simple Types

The schema does not contain any global simple types.

---

Full XML Schema

<xsd:schema targetNamespace="http://www.fpml.org/2004/FpML-4-1" elementFormDefault="qualified" attributeFormDefault="unqualified">
  <xsd:include schemaLocation="fpml-ird-4-1.xsd"/>
  <xsd:include schemaLocation="fpml-eq-shared-4-1.xsd"/>
  <xsd:complexType name="AdditionalPaymentAmount">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        Specifies the amount of the fee along with, when applicable,
        the formula that supports its determination.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:sequence>
      <xsd:element name="paymentAmount" type="Money" minOccurs="0">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            The currency amount of the payment.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="formula" type="Formula" minOccurs="0">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies a formula, with its description and components.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
    </xsd:sequence>
  </xsd:complexType>
  <xsd:complexType name="EquityAmount">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        Specifies, in relation to each Equity Payment Date, the amount
        to which the Equity Payment Date relates. Unless otherwise
        specified, this term has the meaning defined in the ISDA 2002
        Equity Derivatives Definitions.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:complexContent>
      <xsd:extension base="LegAmount">
        <xsd:sequence>
          <xsd:element name="cashSettlement" type="xsd:boolean"/>
          <xsd:element name="optionsExchangeDividends" type="xsd:boolean" minOccurs="0"/>
          <xsd:element name="additionalDividends" type="xsd:boolean" minOccurs="0"/>
        </xsd:sequence>
      </xsd:extension>
    </xsd:complexContent>
  </xsd:complexType>
  <xsd:complexType name="EquityLeg">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        A type describing the equity leg of the equity swap.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:complexContent>
      <xsd:extension base="ReturnLeg">
        <xsd:sequence>
          <xsd:element name="effectiveDate" type="AdjustableOrRelativeDate">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the effective date of the equity leg of the
                swap. When defined in relation to a date specified
                somewhere else in the document (through the
                relativeDate component), this element will typically
                point to the effective date of the other leg of the
                swap.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="terminationDate" type="AdjustableOrRelativeDate">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the termination date of the equity leg of the
                swap. When defined in relation to a date specified
                somewhere else in the document (through the
                relativeDate component), this element will typically
                point to the termination date of the other leg of the
                swap.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="underlyer" type="Underlyer">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the underlying component of the equity swap,
                which can be either one or many and consists in either
                equity, index or convertible bond component, or a
                combination of these.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="valuation" type="EquitySwapValuation">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the terms of the initial price of the equity
                swap and of the subsequent valuations of the equity
                underlyer.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="notional" type="EquitySwapNotional">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the notional of the equity swap. When used in
                the equity leg, the definition will typically combine
                the actual amount (using the notional component defined
                by the FpML industry group) and the determination
                method. When used in the interest leg, the definition
                will typically point to the definition of the equity
                leg.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="equityAmount" type="EquityAmount">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies, in relation to each Equity Payment Date, the
                amount to which the Equity Payment Date relates. Unless
                otherwise specified, this term has the meaning defined
                in the ISDA 2002 Equity Derivatives Definitions.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="return" type="Return">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the conditions under which dividend affecting
                the underlyer will be paid to the receiver of the
                equity amounts.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="notionalAdjustments" type="NotionalAdjustmentEnum">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the conditions that govern the adjustment to
                the number of units of the equity swap.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="fxFeature" type="FxFeature" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="de">
                Quanto- oder Komposit-Devisenbestandteil.
              </xsd:documentation>
              <xsd:documentation xml:lang="en">
                A quanto or composite FX feature.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
      </xsd:extension>
    </xsd:complexContent>
  </xsd:complexType>
  <xsd:complexType name="EquityPaymentDates">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        A type describing the equity payment dates of the swap.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:sequence>
      <xsd:element name="equityPaymentDatesInterim" type="AdjustableOrRelativeDates" minOccurs="0">
        <xsd:annotation>
          <xsd:documentation>
            Specifies the interim payment dates of the swap. When
            defined in relation to a date specified somewhere else in
            the document (through the relativeDates component), this
            element will typically refer to the valuation dates and add
            a lag corresponding to the settlement cycle of the
            underlyer.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="equityPaymentDateFinal" type="AdjustableOrRelativeDate">
        <xsd:annotation>
          <xsd:documentation>
            Specifies the final payment date of the swap. When defined
            in relation to a date specified somewhere else in the
            document (through the relativeDate component), this element
            will typically refer to the final valuation date and add a
            lag corresponding to the settlement cycle of the underlyer.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
    </xsd:sequence>
    <xsd:attribute name="id" type="xsd:ID"/>
  </xsd:complexType>
  <xsd:complexType name="EquitySwap">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        A type descripting the equity swaps.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:complexContent>
      <xsd:extension base="EquitySwapBase">
        <xsd:sequence>
          <xsd:element name="principalExchangeFeatures" type="PrincipalExchangeFeatures" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the principal exchange features of the equity
                swap.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="additionalPayment" type="EquitySwapAdditionalPayment" minOccurs="0" maxOccurs="unbounded">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies additional payment(s) between the principal
                parties to the trade. This component extends some of
                the features of the additionalPayment component
                developed by the FpML industry group. Appropriate
                discussions will determine whether it would be
                appropriate to extend the shared component in order to
                meet the further requirements of equity swaps.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="earlyTermination" type="EquitySwapEarlyTerminationType" minOccurs="0" maxOccurs="unbounded">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies, for one or for both the parties to the
                trade, the date from which it can early terminate it.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="extraordinaryEvents" type="ExtraordinaryEvents" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="de">
                Ist der Basiswert eine Aktie, werden hiermit Ereignisse
                angegeben, die den Emittenten der Aktie betreffen und
                die eine Anpassung der Transaktionsbedingungen
                erfordern können.
              </xsd:documentation>
              <xsd:documentation xml:lang="en">
                Where the underlying is shares, specifies events
                affecting the issuer of those shares that may require
                the terms of the transaction to be adjusted.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
      </xsd:extension>
    </xsd:complexContent>
  </xsd:complexType>
  <xsd:complexType name="EquitySwapAdditionalPayment">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        A type describing the additional payment(s) between the
        principal parties to the trade. This component extends some of
        the features of the additionalPayment component previously
        developed in FpML. Appropriate discussions will determine
        whether it would be appropriate to extend the shared component
        in order to meet the further requirements of equity swaps.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:sequence>
      <xsd:group ref="PayerReceiver.model"/>
      <xsd:element name="additionalPaymentAmount" type="AdditionalPaymentAmount">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies the amount of the fee along with, when
            applicable, the formula that supports its determination.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="additionalPaymentDate" type="AdjustableOrRelativeDate">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies the value date of the fee payment/receipt.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="paymentType" type="PaymentType" minOccurs="0"/>
    </xsd:sequence>
  </xsd:complexType>
  <xsd:complexType name="EquitySwapBase">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        A type describing the components that are common for short and
        long form equity swaps representations.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:complexContent>
      <xsd:extension base="Product">
        <xsd:sequence>
          <xsd:group ref="BuyerSeller.model" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                BuyerSeller.model has been included as an optional
                child of EquitySwapBase to support the situation where
                an implementor wishes to indicate who has manufactured
                the Swap through representing them as the Seller. It
                may be removed in future major revisions.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:group>
          <xsd:element ref="returnLeg" maxOccurs="unbounded"/>
        </xsd:sequence>
      </xsd:extension>
    </xsd:complexContent>
  </xsd:complexType>
  <xsd:complexType name="EquitySwapEarlyTerminationType">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        A type describing the date from which each of the party may be
        allowed to terminate the trade.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:sequence>
      <xsd:element name="partyReference" type="PartyReference"/>
      <xsd:element name="startingDate" type="StartingDate">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies the date from which the early termination clause
            can be exercised.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
    </xsd:sequence>
  </xsd:complexType>
  <xsd:complexType name="EquitySwapNotional">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        Specifies the notional of the equity swap. When used in the
        equity leg, the definition will typically combine the actual
        amount (using the notional component defined by the FpML
        industry group) and the determination method. When used in the
        interest leg, the definition will typically point to the
        definition of the equity leg.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:choice>
      <xsd:element name="determinationMethod" type="xsd:string">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies the method according to which an amount or a date
            is determined.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="notionalAmount" type="Money">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            The notional amount.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="amountRelativeTo" type="Reference"/>
    </xsd:choice>
    <xsd:attribute name="id" type="xsd:ID"/>
  </xsd:complexType>
  <xsd:complexType name="EquitySwapTransactionSupplement">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        A type for defining Equity Swap Transaction Supplement
      </xsd:documentation>
    </xsd:annotation>
    <xsd:complexContent>
      <xsd:extension base="EquitySwapBase">
        <xsd:sequence>
          <xsd:element name="mutualEarlyTermination" type="xsd:boolean" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Used for specifying whether the Mutual Early
                Termination Right that is detailed in the Master
                Confirmation will apply.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
      </xsd:extension>
    </xsd:complexContent>
  </xsd:complexType>
  <xsd:complexType name="EquitySwapValuation">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        A type describing the initial and final valuation of the equity
        underlyer.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:sequence>
      <xsd:element name="initialPrice" type="EquitySwapValuationPrice">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies the initial reference price of the equity
            underlyer. This price can be expressed either as an actual
            amount/currency, as a determination method, or by reference
            to another value specified in the swap document.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="equityNotionalReset" type="xsd:boolean">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            The term "Equity Notional Reset" is assumed to have the
            meaning as defined in the ISDA 2002 Equity Derivatives
            Definitions. The reference to the ISDA definition is either
            "Applicable" or 'Inapplicable".
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="valuationPriceInterim" type="EquitySwapValuationPrice" minOccurs="0">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies the interim valuation price of the equity
            underlyer. This price can be expressed either as an actual
            amount/currency, as a determination method, or by reference
            to another value specified in the swap document.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="valuationPriceFinal" type="EquitySwapValuationPrice">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies the final valuation price of the equity
            underlyer. This price can be expressed either as an actual
            amount/currency, as a determination method, or by reference
            to another value specified in the swap document.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="equityPaymentDates" type="EquityPaymentDates">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies the equity payment dates of the swap.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
    </xsd:sequence>
  </xsd:complexType>
  <xsd:complexType name="EquitySwapValuationPrice">
    <xsd:complexContent>
      <xsd:extension base="Price">
        <xsd:sequence>
          <xsd:element name="equityValuation" type="EquityValuation" minOccurs="0"/>
        </xsd:sequence>
      </xsd:extension>
    </xsd:complexContent>
  </xsd:complexType>
  <xsd:complexType name="EquityVarianceAmount">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        Specifies, in relation to each Equity Payment Date, the amount
        to which the Equity Payment Date relates for Variance Swaps.
        Unless otherwise specified, this term has the meaning defined
        in the ISDA 2002 Equity Derivatives Definitions.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:complexContent>
      <xsd:extension base="EquityAmount">
        <xsd:sequence>
          <xsd:element name="cashSettlementPaymentDate" type="AdjustableOrRelativeDate" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Typically specified as a number of days following the
                valuation date, such as one settlement cycle following
                the valuation date. Number of days can vary in the
                European market.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="observationStartDate" type="StartingDate" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The start of the period over which observations are
                made to determine the variance. Used when the date
                differs from the trade date such as for forward
                starting variance swaps.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
      </xsd:extension>
    </xsd:complexContent>
  </xsd:complexType>
  <xsd:complexType name="Formula">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        A type describing a financial formula, with its description and
        components.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:sequence>
      <xsd:element name="formulaDescription" type="xsd:string" minOccurs="0">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Text description of the formula
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="math" type="Math" minOccurs="0">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            An element for containing an XML representation of the
            formula. Defined using xsd:any currently for flexibility in
            choice of language (MathML, OpenMath)
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="formulaComponent" type="FormulaComponent" minOccurs="0" maxOccurs="unbounded">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Elements describing the components of the formula. The name
            attribute points to a value used in the math element. The
            href attribute points to a value elsewhere in the document
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
    </xsd:sequence>
  </xsd:complexType>
  <xsd:complexType name="FormulaComponent">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        Elements describing the components of the formula. The name
        attribute points to a value used in the math element. The href
        attribute points to a value elsewhere in the document
      </xsd:documentation>
    </xsd:annotation>
    <xsd:sequence>
      <xsd:element name="componentDescription" type="xsd:string">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Text description of the component
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="formula" type="Formula" minOccurs="0">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Additional formulas required to describe this component
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
    </xsd:sequence>
    <xsd:attribute name="name" type="xsd:normalizedString"/>
    <xsd:attribute name="href" type="xsd:IDREF"/>
  </xsd:complexType>
  <xsd:complexType name="InterestCalculation">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        Specifies the calculation method of the interest rate leg of
        the equity swap. Includes the floating or fixed rate
        calculation definitions, along with the determination of the
        day count fraction.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:complexContent>
      <xsd:extension base="InterestAccrualsMethod">
        <xsd:sequence>
          <xsd:element name="dayCountFraction" type="DayCountFraction">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The day count fraction.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
      </xsd:extension>
    </xsd:complexContent>
  </xsd:complexType>
  <xsd:complexType name="InterestLeg">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        A type describing the fixed income leg of the equity swap.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:complexContent>
      <xsd:extension base="ReturnLeg">
        <xsd:sequence>
          <xsd:element name="interestLegCalculationPeriodDates" type="InterestLegCalculationPeriodDates">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Component that holds the various dates used to specify
                the interest leg of the equity swap. It is used to
                define the InterestPeriodDates identifyer.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="notional" type="EquitySwapNotional">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the notional of the equity swap. When used in
                the equity leg, the definition will typically combine
                the actual amount (using the notional component defined
                by the FpML industry group) and the determination
                method. When used in the interest leg, the definition
                will typically point to the definition of the equity
                leg.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="interestAmount" type="LegAmount">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies, in relation to each Interest Payment Date,
                the amount to which the Interest Payment Date relates.
                Unless otherwise specified, this term has the meaning
                defined in the ISDA 2000 ISDA Definitions.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="interestCalculation" type="InterestCalculation">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the calculation method of the interest rate
                leg of the equity swap. Includes the floating or fixed
                rate calculation definitions, along with the
                determination of the day count fraction.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="stubCalculationPeriod" type="StubCalculationPeriod" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the stub calculation period
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
      </xsd:extension>
    </xsd:complexContent>
  </xsd:complexType>
  <xsd:complexType name="InterestLegCalculationPeriodDates">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        Component that holds the various dates used to specify the
        interest leg of the equity swap. It is used to define the
        InterestPeriodDates identifyer.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:sequence>
      <xsd:element name="effectiveDate" type="AdjustableOrRelativeDate">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies the effective date of the equity swap. This
            global element is valid within the equity swaps namespace.
            Within the FpML namespace, another effectiveDate global
            element has been defined, that is different in the sense
            that it does not propose the choice of refering to another
            date in the document.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="terminationDate" type="AdjustableOrRelativeDate">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies the termination date of the equity swap. This
            global element is valid within the equity swaps namespace.
            Within the FpML namespace, another terminationDate global
            element has been defined, that is different in the sense
            that it does not propose the choice of refering to another
            date in the document.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="interestLegResetDates" type="InterestLegResetDates">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies the reset dates of the interest leg of the swap.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="interestLegPaymentDates" type="AdjustableOrRelativeDates">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies the payment dates of the interest leg of the
            swap. When defined in relation to a date specified
            somewhere else in the document (through the relativeDates
            component), this element will typically point to the
            payment dates of the equity leg of the swap.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
    </xsd:sequence>
    <xsd:attribute name="id" type="xsd:ID" use="required"/>
  </xsd:complexType>
  <xsd:complexType name="InterestLegResetDates">
    <xsd:sequence>
      <xsd:element name="calculationPeriodDatesReference" type="DateReference">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            A pointer style reference to the associated calculation
            period dates component defined elsewhere in the document.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:choice>
        <xsd:element name="resetRelativeTo" type="ResetRelativeToEnum">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies whether the reset dates are determined with
              respect to each adjusted calculation period start date or
              adjusted calculation period end date. If the reset
              frequency is specified as daily this element must not be
              included.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="resetFrequency" type="ResetFrequency">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              The frequency at which reset dates occur. In the case of
              a weekly reset frequency, also specifies the day of the
              week that the reset occurs. If the reset frequency is
              greater than the calculation period frequency then this
              implies that more than one reset date is established for
              each calculation period and some form of rate averaging
              is applicable.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:choice>
    </xsd:sequence>
  </xsd:complexType>
  <xsd:complexType name="LegAmount">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        A type describing the amount that will paid or received on each
        of the payment dates. This type is used to define both the
        Equity Amount and the Interest Amount.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:sequence>
      <xsd:element name="paymentCurrency" type="PaymentCurrency" minOccurs="0">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Currency in which the payment relating to the leg amount
            (equity amount or interest amount) or the dividend will be
            denominated.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:choice>
        <xsd:element name="referenceAmount" type="ReferenceAmount">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the reference Amount when this term either
              corresponds to the standard ISDA Definition (either the
              2002 Equity Definition for the Equity Amount, or the 2000
              Definition for the Interest Amount), or points to a term
              defined elsewhere in the swap document.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="formula" type="Formula">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies a formula, with its description and components.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="encodedDescription" type="xsd:base64Binary">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Description of the leg amount when represented through an
              encoded image.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="variance" type="Variance">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies Variance for Variance Leg
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:choice>
      <xsd:element name="calculationDates" type="AdjustableRelativeOrPeriodicDates" minOccurs="0">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies the date ion which a calculation or an
            observation will be performed for the purpose of defining
            the Equity Amount, and in accordance to the definition
            terms of this latter.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
    </xsd:sequence>
  </xsd:complexType>
  <xsd:complexType name="Math" mixed="true">
    <xsd:sequence>
      <xsd:any namespace="##any" processContents="skip" maxOccurs="unbounded"/>
    </xsd:sequence>
  </xsd:complexType>
  <xsd:complexType name="PrincipalExchangeAmount">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        Specifies the principal exchange amount, either by explicitly
        defining it, or by point to an amount defined somewhere else in
        the swap document.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:choice>
      <xsd:element name="amountRelativeTo" type="Reference"/>
      <xsd:element name="determinationMethod" type="xsd:string">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies the method according to which an amount or a date
            is determined.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="principalAmount" type="Money">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Principal exchange amount when explictly stated.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
    </xsd:choice>
  </xsd:complexType>
  <xsd:complexType name="PrincipalExchangeDescriptions">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        Specifies each of the characteristics of the principal exchange
        cashflows, in terms of paying/receiving counterparties, amounts
        and dates.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:sequence>
      <xsd:group ref="PayerReceiver.model"/>
      <xsd:element name="principalExchangeAmount" type="PrincipalExchangeAmount">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies the principal echange amount, either by
            explicitly defining it, or by point to an amount defined
            somewhere else in the swap document.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="principalExchangeDate" type="AdjustableOrRelativeDate">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Date on which each of the principal exchanges will take
            place. This date is either explictly stated, or is defined
            by reference to another date in the swap document. In this
            latter case, it will typically refer to one other date of
            the equity leg: either the effective date (initial
            exchange), or the last payment date (final exchange).
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
    </xsd:sequence>
  </xsd:complexType>
  <xsd:complexType name="PrincipalExchangeFeatures">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        A type describing the principal exchange features of the equity
        swap.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:sequence>
      <xsd:element name="principalExchanges" type="PrincipalExchanges">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            The true/false flags indicating whether initial,
            intermediate or final exchanges of principal should occur.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="principalExchangeDescriptions" type="PrincipalExchangeDescriptions" maxOccurs="unbounded">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies each of the characteristics of the principal
            exchange cashflows, in terms of paying/receiving
            counterparties, amounts and dates.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
    </xsd:sequence>
  </xsd:complexType>
  <xsd:complexType name="Return">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        A type describing the dividend return conditions applicable to
        the swap.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:sequence>
      <xsd:element name="returnType" type="ReturnTypeEnum">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Defines the type of return associated with the equity swap.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="dividendConditions" type="DividendConditions" minOccurs="0">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Specifies the conditions governing the payment of the
            dividends to the receiver of the equity return. With the
            exception of the dividend payout ratio, which is defined
            for each of the underlying components.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
    </xsd:sequence>
  </xsd:complexType>
  <xsd:complexType name="ReturnLeg" abstract="true">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        The abstract base class for all types of Return Leg.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:sequence>
      <xsd:group ref="PayerReceiver.model"/>
    </xsd:sequence>
    <xsd:attribute name="legIdentifier" type="xsd:ID"/>
  </xsd:complexType>
  <xsd:complexType name="StartingDate">
    <xsd:annotation>
      <xsd:documentation>
        A type specifying the date from which the early termination
        clause can be exercised.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:choice>
      <xsd:element name="dateRelativeTo" type="DateRelativeTo"/>
      <xsd:element name="adjustableDate" type="AdjustableDate"/>
    </xsd:choice>
  </xsd:complexType>
  <xsd:complexType name="StubCalculationPeriod">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        A type describing the Stub Calculation Period
      </xsd:documentation>
    </xsd:annotation>
    <xsd:choice>
      <xsd:sequence>
        <xsd:element name="initialStub" type="Stub"/>
        <xsd:element name="finalStub" type="Stub" minOccurs="0"/>
      </xsd:sequence>
      <xsd:element name="finalStub" type="Stub"/>
    </xsd:choice>
  </xsd:complexType>
  <xsd:complexType name="Variance">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        A type describing the variance amount of a variance swap
      </xsd:documentation>
    </xsd:annotation>
    <xsd:sequence>
      <xsd:choice>
        <xsd:element name="initialLevel" type="xsd:decimal"/>
        <xsd:element name="closingLevel" type="xsd:boolean"/>
      </xsd:choice>
      <xsd:element name="varianceAmount" type="Money"/>
      <xsd:choice>
        <xsd:element name="volatilityStrikePrice" type="xsd:decimal"/>
        <xsd:element name="varianceStrikePrice" type="xsd:decimal"/>
      </xsd:choice>
      <xsd:element name="expectedN" type="xsd:integer" minOccurs="0"/>
      <xsd:element name="varianceCap" type="xsd:boolean" minOccurs="0"/>
      <xsd:element name="unadjustedVarianceCap" type="xsd:decimal" minOccurs="0">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            For use when varianceCap is applicable. Contains the
            scaling factor of the Variance Cap that can differ on a
            trade-by-trade basis in the European market. For example, a
            Variance Cap of 2.5^2 x Variance Strike Price has an
            unadjustedVarianceCap of 2.5.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="exchangeTradedContractNearest" type="ExchangeTradedContract" minOccurs="0"/>
    </xsd:sequence>
  </xsd:complexType>
  <xsd:complexType name="VarianceLeg">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        A type describing the variance leg of the equity swap.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:complexContent>
      <xsd:extension base="ReturnLeg">
        <xsd:sequence>
          <xsd:element name="underlyer" type="Underlyer">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the underlying component of the variance
                swap, which can be either one or many and consists in
                either equity, index or convertible bond component, or
                a combination of these.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="equityValuation" type="EquityValuation">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Equity Valuation
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="equityAmount" type="EquityVarianceAmount">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies, in relation to each Equity Payment Date, the
                amount to which the Equity Payment Date relates. Unless
                otherwise specified, this term has the meaning defined
                in the ISDA 2002 Equity Derivatives Definitions.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
      </xsd:extension>
    </xsd:complexContent>
  </xsd:complexType>
  <xsd:element name="equityLeg" type="EquityLeg" substitutionGroup="returnLeg">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        The equity amounts of the equity swap
      </xsd:documentation>
    </xsd:annotation>
  </xsd:element>
  <xsd:element name="equitySwap" type="EquitySwap" substitutionGroup="product">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        Specifies the structure of the equity swap.
      </xsd:documentation>
    </xsd:annotation>
  </xsd:element>
  <xsd:element name="equitySwapTransactionSupplement" type="EquitySwapTransactionSupplement" substitutionGroup="product">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        Specifies the structure of the equity swap transaction
        supplement
      </xsd:documentation>
    </xsd:annotation>
  </xsd:element>
  <xsd:element name="interestLeg" type="InterestLeg" substitutionGroup="returnLeg">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        The fixed income amounts of the equity swap
      </xsd:documentation>
    </xsd:annotation>
  </xsd:element>
  <xsd:element name="returnLeg" type="ReturnLeg" abstract="true">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        A placeholder for the actual Return Leg definition.
      </xsd:documentation>
    </xsd:annotation>
  </xsd:element>
  <xsd:element name="varianceLeg" type="VarianceLeg" substitutionGroup="returnLeg">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        The variance leg of the equity swap
      </xsd:documentation>
    </xsd:annotation>
  </xsd:element>
</xsd:schema>