element <triggerType> (local)
Namespace: |
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Type: |
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Content: |
simple |
Defined: |
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XML Representation Summary |
<triggerType> |
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Content: |
{ enumeration of xsd:token } |
</triggerType> |
Simple Content Detail:
Enumeration: |
"EqualOrLess" |
- |
The underlyer price must be equal to or less than the Trigger level.
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"EqualOrGreater" |
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The underlyer price must be equal to or greater than the Trigger level.
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"Equal" |
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The underlyer price must be equal to the Trigger level.
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"Less" |
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The underlyer price must be less than the Trigger level.
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"Greater" |
- |
The underlyer price must be greater than the Trigger level.
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MinLength: |
0
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Included in content model of elements (2):
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Annotation
For barrier options: the specification of how an option will trigger or expire based on the position of the spot rate relative to the trigger level. For trades with selectable notionals: the specification of the conditions where one of the alternative notional values would apply.
XML Source (w/o annotations (1); see within schema source)