XML Schema Documentation

Super-types:	None
Sub-types:	None

Name	AutomaticExercise
Used by (from the same schema document)	Complex Type ExerciseProcedure
Abstract	no
Documentation	A type to define automatic exercise of a swaption. With automatic exercise the option is deemed to have exercised if it is in the money by more than the threshold amount on the exercise date.

XML Instance Representation

<...>

<thresholdRate> xsd:decimal </thresholdRate> [1]

'A threshold rate. The threshold of 0.10% would be represented as 0.001'

</...>

Diagram

Schema Component Representation

<xsd:complexType name="AutomaticExercise">

<xsd:sequence>

<xsd:element name="thresholdRate" type=" xsd:decimal "/>

</xsd:sequence>

</xsd:complexType>