Schema Central > FpML 5.5 Confirmation > fpml-shared-5-5.xsd > fpml:standardSettlementStyle
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fpml:standardSettlementStyle

An optional element used to describe how a trade will settle. This defines a scheme and is used for identifying trades that are identified as settling standard and/or flagged for settlement netting.

Element information

Type: fpml:StandardSettlementStyleEnum

Properties: Local, Qualified

Content

  • Type based on xsd:token
    • Valid valueDescription
      StandardThis trade will settle using standard pre-determined funds settlement instructions.
      NetThis trade is a candidate for settlement netting.
      StandardAndNetThis trade will settle using standard pre-determined funds settlement instructions and is a candidate for settlement netting.
  • Used in

    Sample instance

    <standardSettlementStyle>Standard</standardSettlementStyle>

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