element <precision> (local)

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

Content Model Diagram

XML Representation Summary
<precision>
| Content: | { xsd:nonNegativeInteger }
</precision>

Included in content model of elements (3):

  finalRateRounding, rounding (defined in CommodityContent.model group), | rounding (in calculation in floatingLeg)

Annotation
Specifies the rounding precision in terms of a number of decimal places. Note how a percentage rate rounding of 5 decimal places is expressed as a rounding precision of 7 in the FpML document since the percentage is expressed as a decimal, e.g. 9.876543% (or 0.09876543) being rounded to the nearest 5 decimal places is 9.87654% (or 0.0987654).
XML Source (w/o annotations (1); see within schema source)

<xsd:element name="precision" type="xsd:nonNegativeInteger"/>

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.