fpml:optionExercise

Element information

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

Schema document: fpml-business-events-5-5.xsd

Type: fpml:OptionExercise

Properties: Local, Qualified

Content

Sequence [1..1]
1. fpml:optionSeller [0..1]
2. fpml:optionBuyer [0..1]
3. Choice [1..1]
  - fpml:originalTrade Fully describes the original trade (prior to the exercise).
  - fpml:tradeIdentifier [1..*]
4. fpml:exerciseDate [0..1]
5. fpml:exerciseTime [0..1]
6. Choice [1..1]
  - fpml:expiry
  - fpml:fullExercise
  - Sequence [1..1]
    1. fpml:exerciseInNotionalAmount [1..1] Specifies the fixed amount by which the option should be exercised expressed as notional amount.
    2. fpml:outstandingNotionalAmount [1..1] Specifies the Notional amount after the Change
  - Sequence [1..1]
    1. fpml:exerciseInNumberOfOptions [1..1] Specifies the fixed amount by which the option should be exercised expressed as number of options.
    2. fpml:outstandingNumberOfOptions [1..1] Specifies the Number of Options after the Change.
  - Sequence [1..1]
    1. fpml:exerciseInNumberOfUnits [1..1] Specifies the fixed amount by which the option should be exercised express as number of units.
    2. fpml:outstandingNumberOfUnits [1..1] Specifies the Number of Units
7. Choice [0..1]
8. fpml:payment [0..1]

Attributes

None

Used in

Group fpml:Events.model
Group fpml:ClearingResults.model via reference to fpml:Events.model
Group fpml:EventsOrInfo.model via reference to fpml:Events.model
Type fpml:ClearingConfirmed via reference to fpml:ClearingResults.model (Element fpml:clearingConfirmed)
Type fpml:ClearingEligibility via reference to fpml:Events.model (Element fpml:clearingEligibility)
Type fpml:ClearingRefused via reference to fpml:Events.model (Element fpml:clearingRefused)
Type fpml:ConfirmationAgreed via reference to fpml:Events.model (Element fpml:confirmationAgreed)
Type fpml:ConfirmationDisputed via reference to fpml:Events.model (Element fpml:confirmationDisputed)
Type fpml:ConfirmationRetracted via reference to fpml:Events.model (Element fpml:requestConfirmationRetracted)
Type fpml:ConsentGranted via reference to fpml:EventsOrInfo.model (Element fpml:consentGranted)
Type fpml:ConsentRefused via reference to fpml:EventsOrInfo.model (Element fpml:consentRefused)
Type fpml:EventProposedMatch via reference to fpml:Events.model (Element fpml:proposedMatch)
Type fpml:ExecutionAdvice via reference to fpml:Events.model (Element fpml:executionAdvice)
Type fpml:ExecutionAdviceRetracted via reference to fpml:Events.model (Element fpml:executionAdviceRetracted)
Type fpml:ExecutionRetracted via reference to fpml:Events.model (Element fpml:executionRetracted)
Type fpml:PositionHistory via reference to fpml:Events.model (Element fpml:history)
Type fpml:RequestClearing via reference to fpml:Events.model (Element fpml:requestClearing)
Type fpml:RequestClearingEligibility via reference to fpml:Events.model (Element fpml:requestClearingEligibility)
Type fpml:RequestClearingRetracted via reference to fpml:Events.model (Element fpml:requestClearingRetracted)
Type fpml:RequestConfirmation via reference to fpml:Events.model (Element fpml:requestConfirmation)
Type fpml:RequestConsent via reference to fpml:Events.model (Element fpml:requestConsent)
Type fpml:RequestConsentRetracted via reference to fpml:Events.model (Element fpml:requestConsentRetracted)
Type fpml:RequestExecution via reference to fpml:Events.model (Element fpml:requestExecution)
Type fpml:RequestExecutionRetracted via reference to fpml:Events.model (Element fpml:requestExecutionRetracted)
Type fpml:EventsChoice via reference to fpml:Events.model (Elements fpml:assertedEvent, fpml:allegedEvent)
Type fpml:ExecutionNotification via reference to fpml:Events.model (Elements fpml:executionNotification, fpml:optionExpirationNotification)

Sample instance

<optionExercise>
   <optionSeller href="SKY"/>
   <optionBuyer href="AMAG"/>
   <tradeIdentifier>
      <partyReference href="SKY"/>
      <tradeId tradeIdScheme="http://www.swift.com/coding-scheme/contract-id">IRS2</tradeId>
   </tradeIdentifier>
   <exerciseDate>2010-08-13</exerciseDate>
   <exerciseInNumberOfOptions>1000</exerciseInNumberOfOptions>
   <outstandingNumberOfOptions>0</outstandingNumberOfOptions>
   <settlementType>Cash</settlementType>
   <payment>
      <payerPartyReference href="AMAG"/>
      <receiverPartyReference href="SKY"/>
      <paymentDate>
         <adjustableDate>
            <unadjustedDate>2010-08-13</unadjustedDate>
            <dateAdjustments>
               <businessDayConvention>NONE</businessDayConvention>
            </dateAdjustments>
         </adjustableDate>
      </paymentDate>
      <paymentAmount>
         <currency>USD</currency>
         <amount>100000</amount>
      </paymentAmount>
   </payment>
</optionExercise>