fpml:barrierCap

A trigger level approached from beneath.

Element information

Content

• Sequence [1..1]
  1. fpml:schedule [0..*]    A Equity Derivative schedule.
  2. fpml:triggerDates [0..1]    The trigger Dates.
  3. fpml:trigger [1..1]    The trigger level.
  4. fpml:featurePayment [0..1]    The feature payment.

Attributes

None

Used in

• Type fpml:Barrier (Element fpml:barrier)

Sample instance

<barrierCap>
   <schedule>
      <startDate>2002-03-29</startDate>
      <endDate>2002-07-12</endDate>
      <averagingPeriodFrequency>
         <periodMultiplier>1</periodMultiplier>
         <period>D</period>
         <rollConvention>NONE</rollConvention>
      </averagingPeriodFrequency>
   </schedule>
   <trigger>
      <level>1606.346</level>
   </trigger>
   <featurePayment>
      <payerPartyReference href="party1"/>
      <receiverPartyReference href="party2"/>
      <amount>15000000</amount>
      <time>Close</time>
      <currency>EUR</currency>
      <featurePaymentDate>
         <relativeDate>
            <periodMultiplier>3</periodMultiplier>
            <period>D</period>
            <dayType>Business</dayType>
            <businessDayConvention>NONE</businessDayConvention>
            <businessCenters>
               <businessCenter>EUTA</businessCenter>
            </businessCenters>
            <dateRelativeTo href="expirationDate"/>
         </relativeDate>
      </featurePaymentDate>
   </featurePayment>
</barrierCap>