fpml:CommodityFinancialOption.model

Items specific to financially-settled commodity options.

Group information

Content

• Sequence [1..1]
  1. fpml:commodity [1..1]    Specifies the underlying instrument. Usual content is an ISDA Commodity Reference Price Name. The 'commodity' underlyer component is specified using a reference to the 'commodity' asset (see description above at the Commodity Underlyer section).
  from group fpml:CommodityOptionFeatures.model
  Sequence [0..1]
  1. fpml:effectiveDate [1..1]    The effective date of the Commodity Option Transaction. Note that the Termination/Expiration Date should be specified in expirationDate within the CommodityAmericanExercise type or the CommodityEuropeanExercise type, as applicable.
  2. fpml:terminationDate [0..1]    Specifies the termination date of the Commodity Option Transaction. In some confirmations this will be indicated as the second date in "Option Term" or "Term". Note: If provided, terminationDate should not be before specified expirationDate within the CommodityAmericanExercise type or the CommodityEuropeanExercise type.
  from group fpml:CommodityAsian.model
  Sequence [0..1]
  1. Choice [1..1]
     • fpml:calculationPeriodsSchedule    A parametric representation of the Calculation Periods of the Commodity Option Transaction.
     • fpml:calculationPeriods    An absolute representation of the Calculation Period start dates of the Commodity Option Transaction.
  2. fpml:pricingDates [1..1]    The dates on which the option will price.
  3. fpml:averagingMethod [0..1]    The Method of Averaging if there is more than one Pricing Date.
  from group fpml:CommodityNotionalQuantity.model
  Choice [1..1]
  • Sequence [1..1]
    1. Choice [1..1]
       • fpml:notionalQuantitySchedule    Allows the documentation of a shaped notional trade where the notional changes over the life of the transaction.
       • fpml:notionalQuantity    The Notional Quantity.
       • fpml:settlementPeriodsNotionalQuantity [1..*]    For an electricity transaction, the Notional Quantity for a one or more groups of Settlement Periods to which the Notional Quantity is based. If the schedule differs for different groups of Settlement Periods, this element should be repeated.
    2. fpml:totalNotionalQuantity [0..1]    The Total Notional Quantity.
  • fpml:quantityReference    A pointer style reference to a quantity defined on another leg.
  2. fpml:exercise [1..1]    The parameters for defining how the commodity option can be exercised and how it is settled.
  3. Choice [1..1]
     from group fpml:CommodityStrikePrice.model
     fpml:strikePricePerUnit    The currency amount of the strike price per unit.
     fpml:strikePricePerUnitSchedule    
     from group fpml:CommodityFloatingStrikePrice.model
     fpml:floatingStrikePricePerUnit    The currency amount of the strike price per unit.
     fpml:floatingStrikePricePerUnitSchedule    

Used in

• Type fpml:CommodityOption (Element fpml:commodityOption)