element <creditDefaultSwap> (global)

Namespace: | http://www.fpml.org/FpML-5/transparency
Type: | CreditDefaultSwap
Content: | complex, 1 attribute, 8 elements
Subst.Gr: | may substitute for element product
Defined: | globally in fpml-cd-5-5.xsd; see XML source
Used: | never

Content Model Diagram

XML Representation Summary
<creditDefaultSwap
id | = | xsd:ID
| >
Content: | (primaryAssetClass?, secondaryAssetClass*, productType*, productId*, embeddedOptionType[0..2])?, generalTerms, feeLeg, protectionTerms+
</creditDefaultSwap>

Content model elements (8):

  embeddedOptionType, feeLeg (in creditDefaultSwap), generalTerms (in creditDefaultSwap), primaryAssetClass (defined in Product.model group), | productId, productType (defined in Product.model group), protectionTerms (in creditDefaultSwap), secondaryAssetClass

May be included in elements by substitutions (14):

  feeTrade, newTrade, oldTrade (in change), oldTrade (in novation), originalTrade (defined in OptionExercise complexType), originalTrade (defined in TradeChangeBase complexType), physicalSettlement (defined in OptionExercise complexType), | resultingTrade, trade (defined in Events.model group), trade (defined in ImpliedTrade complexType), trade (in affectedTransactions), trade (in amendment), trade (in change), trade (in dataDocument)

Annotation
In a credit default swap one party (the protection seller) agrees to compensate another party (the protection buyer) if a specified company or Sovereign (the reference entity) experiences a credit event, indicating it is or may be unable to service its debts. The protection seller is typically paid a fee and/or premium, expressed as an annualized percent of the notional in basis points, regularly over the life of the transaction or otherwise as agreed by the parties.
XML Source (w/o annotations (1); see within schema source)

<xsd:element name="creditDefaultSwap" substitutionGroup="product" type="CreditDefaultSwap"/>

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.