complexType "FxTriggerBase"

Namespace:	http://www.fpml.org/FpML-5/confirmation
Content:	complex, 4 elements
Defined:	globally in fpml-fx-5-8.xsd; see XML source
Includes:	definitions of 4 elements
Used:	at 2 locations

Content Model Diagram

XML Representation Summary

<...>

Content:

triggerCondition, quotedCurrencyPair, triggerRate, spotRate?

</...>

Content Model Elements (4):

quotedCurrencyPair (defined in FxTriggerBase complexType),

spotRate (defined in FxTriggerBase complexType),

triggerCondition,

triggerRate (defined in FxTriggerBase complexType)

Known Direct Subtypes (2):

FxAccrualTrigger, FxTrigger

All Direct / Indirect Based Elements (2):

trigger (in fxAccrualDigitalOption),

trigger (in fxDigitalOption)

Known Usage Locations

In derivations of other global types (2):

FxAccrualTrigger (as extension base),

FxTrigger (as extension base)

Annotation

Describes a european trigger applied to an FX digtal option.

XML Source (w/o annotations (5); see within schema source)

<xsd:complexType name="FxTriggerBase">

<xsd:sequence>

<xsd:element name="triggerCondition" type="TriggerConditionEnum"/>

<xsd:element name="quotedCurrencyPair" type="QuotedCurrencyPair"/>

<xsd:element name="triggerRate" type="PositiveDecimal"/>

<xsd:element minOccurs="0" name="spotRate" type="PositiveDecimal"/>

</xsd:sequence>

</xsd:complexType>

Content Element Detail (all declarations; defined within this component only; 4/4)

quotedCurrencyPair

Type:

QuotedCurrencyPair, complex content

Defines the two currencies for an FX trade and the quotation relationship between the two currencies.

XML Source (w/o annotations (1); see within schema source)

<xsd:element name="quotedCurrencyPair" type="QuotedCurrencyPair"/>

spotRate

Type:

PositiveDecimal, simple content

An optional element used for FX forwards and certain types of FX OTC options. For deals consumated in the FX Forwards Market, this represents the current market rate for a particular currency pair. For barrier and digital/binary options, it can be useful to include the spot rate at the time the option was executed to make it easier to know whether the market rate needs to move "up" or "down" to trigger a barrier event.

Simple Content

xsd:decimal

minExclusive:

XML Source (w/o annotations (1); see within schema source)

<xsd:element minOccurs="0" name="spotRate" type="PositiveDecimal"/>

triggerCondition

Type:

TriggerConditionEnum, simple content

The condition that applies to a european trigger applied to an FX digital option. It determines where the rate at expiry date and time at must be relative to the triggerRate for the option to be exercisable. The allowed values are "AtOrAbove" and "AtOrBelow". DEPRECATE: Values "Above" and "Below" are deprecated.

Simple Content

enumeration of xsd:token

Enumeration:

"AtOrAbove"	-	The spot rate must be greater than or equal to the trigger rate.
"AtOrBelow"	-	The spot rate must be less than or equal to the trigger rate.
"Above"	-	DEPRECATE: The spot rate must be greater than or equal to the trigger rate.
"Below"	-	DEPRECATE: The spot rate must be less than or equal to the trigger rate.

minLength:

XML Source (w/o annotations (1); see within schema source)

<xsd:element name="triggerCondition" type="TriggerConditionEnum"/>

triggerRate

Type:

PositiveDecimal, simple content

The market rate is observed relative to the trigger rate, and if it is found to be on the predefined side of (above or below) the trigger rate, a barrier event is deemed to have occurred.

Simple Content

xsd:decimal

minExclusive:

XML Source (w/o annotations (1); see within schema source)

<xsd:element name="triggerRate" type="PositiveDecimal"/>

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.