fpml:specifiedPrice
The 'specified Price' describes the nature of the underlying price that is observed. It must be be stated in the underlyer definition as it is not defined in the Commodity Reference Price. Example values of 'specifiedPrice' are 'Settlement' (for a futures contract) and 'WeightedAverage' (for some published prices and indices).
Element information
Namespace: http://www.fpml.org/FpML-5/confirmation
Schema document: fpml-asset-5-5.xsd
Type: fpml:SpecifiedPriceEnum
Properties: Local, Qualified
Content
Valid value Description Afternoon The Specified Price shall be the Afternoon fixing reported in or by the relevant Price Source as specified in the relevant Confirmation. Ask The Specified Price shall be the Ask price reported in or by the relevant Price Source as specified in the relevant Confirmation. Bid The Specified Price shall be the Bid price reported in or by the relevant Price Source as specified in the relevant Confirmation. Closing The Specified Price shall be the Closing price reported in or by the relevant Price Source as specified in the relevant Confirmation. High The Specified Price shall be the High price reported in or by the relevant Price Source as specified in the relevant Confirmation. Index The Specified Price shall be the Index price reported in or by the relevant Price Source as specified in the relevant Confirmation. MeanOfBidAndAsk The Specified Price shall be the Average of the Bid and Ask prices reported in or by the relevant Price Source as specified in the relevant Confirmation. LocationalMarginal The Specified Price shall be the Locational Marginal price reported in or by the relevant Price Source as specified in the relevant Confirmation. Low The Specified Price shall be the Low price reported in or by the relevant Price Source as specified in the relevant Confirmation. MarginalHourly The Specified Price shall be the Marginal Hourly price reported in or by the relevant Price Source as specified in the relevant Confirmation. MarketClearing The Specified Price shall be the Market Clearing price reported in or by the relevant Price Source as specified in the relevant Confirmation. MeanOfHighAndLow The Specified Price shall be the Average of the High and Low prices reported in or by the relevant Price Source as specified in the relevant Confirmation. Morning The Specified Price shall be the Morning fixing reported in or by the relevant Price Source as specified in the relevant Confirmation. Official The Specified Price shall be the Official price reported in or by the relevant Price Source as specified in the relevant Confirmation. Opening The Specified Price shall be the Opening price reported in or by the relevant Price Source as specified in the relevant Confirmation. OSP The Specified Price shall be the Official Settlement Price reported in or by the relevant Price Source as specified in the relevant Confirmation. Settlement The Specified Price shall be the Settlement price reported in or by the relevant Price Source as specified in the relevant Confirmation. Spot The Specified Price shall be the Spot price reported in or by the relevant Price Source as specified in the relevant Confirmation. Midpoint The Specified Price shall be the Average of the Midpoint of prices reported in or by the relevant Price Source as specified in the relevant Confirmation. NationalSingle The Specified Price shall be the National Single price reported in or by the relevant Price Source as specified in the relevant Confirmation. WeightedAverage The Specified Price shall be the Volume Weighted Average of prices effective on the Pricing Date reported in or by the relevant Price Source as specified in the relevant Confirmation. UnWeightedAverage The Specified Price shall be the Non-volume Weighted Average of prices effective on the Pricing Date reported in or by the relevant Price Source as specified in the relevant Confirmation.
Used in
- Group fpml:CommodityProduct.model
- Type fpml:Commodity via reference to fpml:CommodityProduct.model (Elements fpml:commodity, fpml:commodity, fpml:commodity)
Sample instance
<specifiedPrice>Settlement</specifiedPrice>