fpml:payout

The amount of currency which becomes payable if and when a trigger event occurs.

Element information

Content

• Sequence [1..1]
  from type fpml:MoneyBase
  fpml:currency [1..1]    The currency in which an amount is denominated.
  from type fpml:NonNegativeMoney
  fpml:amount [1..1]    The non negative monetary quantity in currency units.
  1. fpml:payoutStyle [0..1]    The trigger event and payout may be asynchonous. A payout may become due on the trigger event, or the payout may (by agreeement at initiation) be deferred (for example) to the maturity date.

Attributes

Used in

• Type fpml:FxDigitalOption (Element fpml:fxDigitalOption)

Sample instance

<fpml:payout>
   <fpml:currency>normalizedString</fpml:currency>
   <fpml:amount>1.0</fpml:amount>
   <fpml:payoutStyle>Deferred</fpml:payoutStyle>
</fpml:payout>