fpml:pointValue
An optional element that documents the size of point (pip) in which a rate was quoted (or in this case, forwardPoints are calculated). Point (pip) size varies by currency pair: major currencies are all traded in points of 0.0001, with the exception of JPY which has a point size of 0.01.
Element information
Namespace: http://www.fpml.org/FpML-5/confirmation
Schema document: fpml-fx-5-5.xsd
Type: fpml:PointValue
Properties: Local, Qualified
Content
- Pattern: 1
- Pattern: 0.0*1
Used in
- Type fpml:ExchangeRate (Element fpml:exchangeRate)
- Type fpml:GenericProductExchangeRate (Element fpml:exchangeRate)
Sample instance
<pointValue>0.0001</pointValue>