fpml:barrierFloor

A trigger level approached from above.

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

<fpml:barrierFloor>
   <fpml:schedule>
      <fpml:startDate>2000-01-01</fpml:startDate>
      <fpml:endDate>2000-01-01</fpml:endDate>
      <fpml:averagingPeriodFrequency>
         <fpml:periodMultiplier>1</fpml:periodMultiplier>
         <fpml:period>T</fpml:period>
         <fpml:rollConvention>EOM</fpml:rollConvention>
      </fpml:averagingPeriodFrequency>
   </fpml:schedule>
   <fpml:triggerDates>
      <fpml:date>2000-01-01</fpml:date>
   </fpml:triggerDates>
   <fpml:trigger>
      <fpml:level>1.0</fpml:level>
      <fpml:triggerType>EqualOrLess</fpml:triggerType>
      <fpml:triggerTimeType>Closing</fpml:triggerTimeType>
   </fpml:trigger>
   <fpml:featurePayment>
      <fpml:payerPartyReference href="IDREF"/>
      <fpml:payerAccountReference href="IDREF"/>
      <fpml:receiverPartyReference href="IDREF"/>
      <fpml:receiverAccountReference href="IDREF"/>
      <fpml:levelPercentage>1.0</fpml:levelPercentage>
      <fpml:time>Close</fpml:time>
      <fpml:currency>normalizedString</fpml:currency>
      <fpml:featurePaymentDate>
         <fpml:adjustableDate>...
         </fpml:adjustableDate>
      </fpml:featurePaymentDate>
   </fpml:featurePayment>
</fpml:barrierFloor>