fpml:feature

An Option feature such as quanto, asian, barrier, knock.

Element information

Content

• Sequence [1..1]
  from group fpml:OptionBaseFeature.model
  fpml:fxFeature [0..1]    A quanto or composite FX feature.
  fpml:strategyFeature [0..1]    A simple strategy feature.
  from group fpml:OptionFeature.model
  fpml:asian [0..1]    An option where and average price is taken on valuation.
  fpml:barrier [0..1]    An option with a barrier feature.
  fpml:knock [0..1]    A knock feature.
  fpml:passThrough [0..1]    Pass through payments from the underlyer, such as dividends.

Attributes

None

Used in

• Type fpml:OptionBaseExtended
• Type fpml:BondOption via extension of fpml:OptionBaseExtended (Element fpml:bondOption)
• Type fpml:CreditDefaultSwapOption via extension of fpml:OptionBaseExtended (Element fpml:creditDefaultSwapOption)

Sample instance

<feature>
   <knock>
      <knockOut>
         <trigger>
            <creditEventsReference href="CREDITEVENT"/>
         </trigger>
      </knockOut>
   </knock>
</feature>