element <fallbackExercise> (local)

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

Content Model Diagram

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

Included in content model of elements (1):

  manualExercise (defined in ExerciseProcedure complexType)

Annotation
If fallback exercise is specified then the notional amount of the underlying swap, not previously exercised under the swaption, will be automatically exercised at the expiration time on the expiration date if at such time the buyer is in-the-money, provided that the difference between the settlement rate and the fixed rate under the relevant underlying swap is not less than one tenth of a percentage point (0.10% or 0.001). The term in-the-money is assumed to have the meaning defined in the 2000 ISDA Definitions, Section 17.4. In-the-money.
XML Source (w/o annotations (1); see within schema source)

<xsd:element minOccurs="0" name="fallbackExercise" 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.