complexType "WeatherLeg"
Namespace:
http://www.fpml.org/FpML-5/confirmation
Content:
complex, 1 attribute, 11 elements
Defined:
globally in fpml-com-5-8.xsd; see XML source
Includes:
definitions of 5 elements
Used:
at 1 location
Content Model Diagram
XML Representation Summary
<...
   
 = 
xsd:ID
   
>
   
Content: 
</...>
Content Model Elements (11):
payerPartyReference (defined in Payer.model group),
All Direct / Indirect Based Elements (1):
weatherLeg
Known Usage Locations
Annotation
A weather leg of a Commodity Swap defines Weather Index Swap transactions. Weather Index Swap transactions are OTC derivative transactions which settle financially based on an index calculated from observations of temperature, precipitation and other weather-related measurements at weather stations throughout the world. Sub-Annex C of the 2005 ISDA Commodity Definitions provides definitions and terms for a number of types of weather indices. These indices include: HDD (heating degree days), CDD (cooling degree days), CPD (critical precipitation days). Weather Index Swap transactions result in a cash flow to one of the two counterparties each Calculation Period depending on the relationship between the Settlement Level and the Weather Index Level. A Weather Index swap transaction always consists of a commodity swap element as a parent to two weatherLeg elements.
Type Definition Detail
Type Derivation Tree
Leg (extension)
  CommoditySwapLeg (extension)
      FinancialSwapLeg (extension)
          WeatherLeg
XML Source (w/o annotations (6); see within schema source)
<xsd:complexType name="WeatherLeg">
<xsd:complexContent>
<xsd:extension base="FinancialSwapLeg">
<xsd:sequence>
<xsd:element name="weatherIndexLevel" type="WeatherIndex"/>
<xsd:element name="weatherNotionalAmount" type="NonNegativeMoney"/>
<xsd:element name="calculation" type="WeatherLegCalculation"/>
<xsd:element name="paymentDates" type="CommodityRelativePaymentDates"/>
<xsd:element name="weatherIndexData" type="WeatherIndexData"/>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>
Content Element Detail (all declarations; defined within this component only; 5/11)
calculation
Type:
WeatherLegCalculation, complex content
Defines details relevant to the calculation of the aggregate weather index amount.
XML Source (w/o annotations (1); see within schema source)
<xsd:element name="calculation" type="WeatherLegCalculation"/>
paymentDates
Type:
CommodityRelativePaymentDates, complex content
The Payment Dates of the trade relative to the Calculation Periods or Calculation Date
XML Source (w/o annotations (1); see within schema source)
<xsd:element name="paymentDates" type="CommodityRelativePaymentDates"/>
weatherIndexData
Type:
WeatherIndexData, complex content
Specifies where the data (e.g. CPD) have been collected, an actual physical reference point (weather station) and various fall back arrangements.
XML Source (w/o annotations (1); see within schema source)
<xsd:element name="weatherIndexData" type="WeatherIndexData"/>
weatherIndexLevel
Type:
WeatherIndex, complex content
Defining the Weather Index Level or Weather Index Strike Level.
XML Source (w/o annotations (1); see within schema source)
<xsd:element name="weatherIndexLevel" type="WeatherIndex"/>
weatherNotionalAmount
Type:
NonNegativeMoney, complex content
Defines the price per weather index unit.
XML Source (w/o annotations (1); see within schema source)
<xsd:element name="weatherNotionalAmount" type="NonNegativeMoney"/>
XML schema documentation generated with DocFlex/XML 1.9.0 using DocFlex/XML XSDDoc 2.8.0 template set. All content model diagrams generated by Altova XMLSpy via DocFlex/XML XMLSpy Integration.