fpml:cashSettlement

Specifies the currency and fixing details for cash settlement. This optional element is produced only where it has been specified at execution time that the option wlll be settled into a single cash payment - for example, in the case of a non-deliverable option (although note that an Fx option may be contractually cash settled, without necessarily being non-deliverable).

Element information

Content

• Sequence [1..1]
  1. fpml:settlementCurrency [0..1]    The currency in which cash settlement occurs for non-deliverable forwards and cash-settled options (non-deliverable or otherwise).
  2. fpml:referenceCurrency [0..1]    
  3. fpml:notionalAmount [0..1]    The amount of money that the settlement will be derived from.
  4. fpml:settlementDate [0..1]    The date on which settlement is scheduled to occur

Attributes

None

Used in

• Type fpml:FxOption (Element fpml:fxOption)

Sample instance

<cashSettlement>true</cashSettlement>