element <latestExerciseTime> (local)

Namespace: | http://www.fpml.org/FpML-5/recordkeeping
Type: | BusinessCenterTime
Content: | complex, 2 elements
Defined: | locally witnin CommodityAmericanExercise complexType in fpml-com-5-3.xsd; see XML source

Content Model Diagram

XML Representation Summary
<latestExerciseTime>
Content: | hourMinuteTime?, businessCenter?
</latestExerciseTime>

Content model elements (2):

  businessCenter (defined in BusinessCenterTime complexType), | hourMinuteTime (defined in BusinessCenterTime complexType)

Included in content model of elements (1):

  americanExercise (in exercise in commodityOption)

Annotation
For a Bermuda or American style option, the latest time on an exercise business day (excluding the expiration date) within the exercise period that notice can be given by the buyer to the seller or seller's agent. Notice of exercise given after this time will be deemed to have been given on the next exercise business day.
XML Source (w/o annotations (1); see within schema source)

<xsd:element minOccurs="0" name="latestExerciseTime" type="BusinessCenterTime"/>

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.