fpml:averagingMethod
The Method of Averaging if there is more than one Pricing Date.
Element information
Namespace: http://www.fpml.org/FpML-5/confirmation
Schema document: fpml-com-5-5.xsd
Other elements with the same name: fpml:averagingMethod, fpml:averagingMethod, fpml:averagingMethod, fpml:averagingMethod
Type: fpml:AveragingMethodEnum
Properties: Local, Qualified
Content
Valid value Description Unweighted The arithmetic mean of the relevant rates for each reset date. Weighted The arithmetic mean of the relevant rates in effect for each day in a calculation period calculated by multiplying each relevant rate by the number of days such relevant rate is in effect, determining the sum of such products and dividing such sum by the number of days in the calculation period.
Used in
- Group fpml:CommodityAsian.model
- Group fpml:CommodityFinancialOption.model via reference to fpml:CommodityAsian.model
- Group fpml:CommodityOptionFeatures.model via reference to fpml:CommodityAsian.model
- Type fpml:CommodityOption via reference to fpml:CommodityFinancialOption.model (Element fpml:commodityOption)
Sample instance
<averagingMethod>Unweighted</averagingMethod>