fpml:spotRate
An optional element used for FX forwards and certain types of FX OTC options. For deals consumated in the FX Forwards Market, this represents the current market rate for a particular currency pair.
Element information
Namespace: http://www.fpml.org/FpML-5/transparency
Schema document: fpml-fx-5-5.xsd
Other elements with the same name: fpml:spotRate, fpml:spotRate, fpml:spotRate, fpml:spotRate
Type: fpml:PositiveDecimal
Properties: Local, Qualified
Content
- Minimum exclusive: 0
Used in
- Type fpml:CrossRate (Element fpml:crossRate)
Sample instance
<spotRate>0.9130</spotRate>