fpml:weatherIndexStrikeLevel
Weather Index strike price level is specified in terms of weather index units (e.g. 1 Days, 3 Inches, etc.)
Element information
Namespace: http://www.fpml.org/FpML-5/confirmation
Schema document: fpml-com-5-5.xsd
Type: fpml:WeatherIndex
Properties: Local, Qualified
Content
- Sequence [1..1]
- fpml:quantity [1..1] This is the Reference Level. The CDD, HDD or HDD Reference Level is specified as the number of (amount of) Weather Index Units specified by the parties in the related Confirmation.
- fpml:unit [1..1] Weather Index Unit derived from one of the following variable methods of determination: Cooling Degree Day (CDD), Heating Degree Day (HDD), Critical Precipitation Day (CPD) as defined in Section 11.15 of the 2005 ISDA Commodity Definitions and User Guide.
Attributes
| Name | Occ | Type | Description | Notes |
|---|---|---|---|---|
| id | [0..1] | xsd:ID |
Used in
- Group fpml:CommodityWeatherOption.model
- Type fpml:CommodityOption via reference to fpml:CommodityWeatherOption.model (Element fpml:commodityOption)
Sample instance
<weatherIndexStrikeLevel> <quantity>3.5</quantity> <unit>Inches</unit> </weatherIndexStrikeLevel>