fpml:basket

Defines the underlying asset when it is a basket.

Element information

Content

• Sequence [1..1]
  1. fpml:openUnits [0..1]    The number of units (index or securities) that constitute the underlyer of the swap. In the case of a basket swap, this element is used to reference both the number of basket units, and the number of each asset components of the basket when these are expressed in absolute terms.
  2. fpml:basketConstituent [1..*]    Describes each of the components of the basket.
  3. fpml:basketDivisor [0..1]    Specifies the basket divisor amount. This value is normally used to adjust the constituent weight for pricing or to adjust for dividends, or other corporate actions.
  4. fpml:basketVersion [0..1]    Basket version, used to record changes in basket composition or weights
  from group fpml:BasketIdentifier.model
  Choice [0..1]
  • Sequence [1..1]
    1. fpml:basketName [0..1]    The name of the basket expressed as a free format string. FpML does not define usage rules for this element.
    2. fpml:basketId [0..*]    A CDS basket identifier
  5. fpml:basketCurrency [0..1]    Specifies the currency for this basket.

Attributes

Used in

• Type fpml:BasketConstituent (Element fpml:basketConstituent)
• Type fpml:SingleUnderlyer (Element fpml:singleUnderlyer)
• Type fpml:TradeUnderlyer2 (Element fpml:underlyer)

Substitution hierarchy

• fpml:underlyingAsset
  • can be substituted with fpml:basket

Sample instance

<basket>
   <basketConstituent>
      <index>
         <instrumentId instrumentIdScheme="http://www.ftse.com/coding-scheme/instrument-id">FXI</instrumentId>
      </index>
      <constituentWeight>
         <basketPercentage>0.50</basketPercentage>
      </constituentWeight>
   </basketConstituent>
   <basketConstituent>
      <basket>
         <basketConstituent>
            <equity>
               <instrumentId instrumentIdScheme="http://www.kse.or.kr/coding-scheme/instrument-id">005440.KS</instrumentId>
               <currency>KRW</currency>
               <exchangeId>XKHA</exchangeId>
            </equity>
            <constituentWeight>
               <basketPercentage>0.50</basketPercentage>
            </constituentWeight>
         </basketConstituent>
         <basketConstituent>
            <equity>
               <instrumentId instrumentIdScheme="http://www.kse.or.kr/coding-scheme/instrument-id">000270.KS</instrumentId>
               <currency>KRW</currency>
               <exchangeId>XKHA</exchangeId>
            </equity>
            <constituentWeight>
               <basketPercentage>0.50</basketPercentage>
            </constituentWeight>
         </basketConstituent>
      </basket>
      <constituentWeight>
         <basketPercentage>0.50</basketPercentage>
      </constituentWeight>
   </basketConstituent>
</basket>