Schema Central > FpML 5.5 Confirmation > fpml-eqd-5-5.xsd > fpml:exchangeTradedContractNearest
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fpml:exchangeTradedContractNearest

For an index option transaction, a flag used in conjuction with Futures Price Valuation (ISDA defined term) to indicate whether the Nearest Index Contract provision is applicable. The Nearest Index Contract provision is a rule for determining the Exchange-traded Contract (ISDA defined term) without having to explicitly state the actual contract, delivery month and exchange on which it is traded.

Element information

Type: xsd:boolean

Properties: Local, Qualified

Content

Used in

Sample instance

<exchangeTradedContractNearest>true</exchangeTradedContractNearest>

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