element <offMarketPrice> (local)

Namespace: | http://www.fpml.org/FpML-5/confirmation
Type: | xsd:boolean
Content: | simple
Defined: | locally witnin PartyTradeInformation complexType in fpml-doc-5-3.xsd; see XML source

Content Model Diagram

XML Representation Summary
<offMarketPrice>
| Content: | { xsd:boolean }
</offMarketPrice>

Included in content model of elements (2):

  partyTradeInformation (in tradeHeader), | partyTradeInformation (in tradeReferenceInformation)

Annotation
Indicates that the price does not reflect the current market. For example, in a credit trade where the two counterparties are not of equal credit standing, there is no initial margin and one party pays collateral to the other in the form of an add-on to the price (say a price that would otherwise be 100 at the market is struck at 105 to include the collateral, resulting in a very off-market looking price.)
XML Source (w/o annotations (1); see within schema source)

<xsd:element minOccurs="0" name="offMarketPrice" type="xsd:boolean"/>

XML schema documentation generated with DocFlex/XML 1.8.6b2 using DocFlex/XML XSDDoc 2.5.1 template set. All content model diagrams generated by Altova XMLSpy via DocFlex/XML XMLSpy Integration.