Schema Central > FpML 5.5 Confirmation > fpml-business-events-5-5.xsd > fpml:settlementType
Advanced search
Need XML Help?

Recommended Reading:

Definitive XML Schema

 

Web Service Contract Design and Versioning for SOA

 

Advanced XML Applications

 

fpml:settlementType

Element information

Type: fpml:SettlementTypeEnum

Properties: Local, Qualified

Content

  • Type based on xsd:token
    • Valid valueDescription
      CashThe intrinsic value of the option will be delivered by way of a cash settlement amount determined, (i) by reference to the differential between the strike price and the settlement price; or (ii) in accordance with a bilateral agreement between the parties
      PhysicalThe securities underlying the transaction will be delivered by (i) in the case of a call, the seller to the buyer, or (ii) in the case of a put, the buyer to the seller versus a settlement amount equivalent to the strike price per share
      ElectionAllow Election of either Cash or Physical settlement
      CashOrPhysicalAllow use of either Cash or Physical settlement without prior Election
  • Used in

    Sample instance

    <settlementType>Cash</settlementType>

    Site developed and hosted by Datypic, Inc.

    Please report errors or comments about this site to contrib@functx.com