fpml:europeanExercise

The parameters for defining the exercise period for an European style option.

Element information

Namespace: http://www.fpml.org/FpML-5/confirmation

Schema document: fpml-fx-5-5.xsd

Other elements with the same name: fpml:europeanExercise, fpml:europeanExercise, fpml:europeanExercise

Type: fpml:FxEuropeanExercise

Properties: Local, Qualified

Content

Sequence [1..1]
1. fpml:expiryDate [1..1] Represents a standard expiry date as defined for an FX OTC option.
2. fpml:expiryTime [0..1] Time at which the option expires on the expiry date.
3. fpml:cutName [0..1] The code by which the expiry time is known in the market.
4. fpml:valueDate [1..1] The date on which both currencies traded will settle.

Attributes

Name	Occ	Type	Description	Notes
id	[0..1]	xsd:ID		from type fpml:Exercise

Used in

Type fpml:FxDigitalOption (Element fpml:fxDigitalOption)
Type fpml:FxOption (Element fpml:fxOption)

Sample instance

<europeanExercise>
   <expirationDate>
      <adjustableDate>
         <unadjustedDate>2006-06-19</unadjustedDate>
         <dateAdjustments>
            <businessDayConvention>FOLLOWING</businessDayConvention>
            <businessCenters>
               <businessCenter>JPTO</businessCenter>
            </businessCenters>
         </dateAdjustments>
      </adjustableDate>
   </expirationDate>
   <earliestExerciseTime>
      <hourMinuteTime>09:00:00</hourMinuteTime>
      <businessCenter>JPTO</businessCenter>
   </earliestExerciseTime>
   <expirationTime>
      <hourMinuteTime>14:30:00</hourMinuteTime>
      <businessCenter>JPTO</businessCenter>
   </expirationTime>
</europeanExercise>