Schema Central > FpML 5.5 Transparency > fpml-fx-5-5.xsd > fpml:spotRate
Advanced search
Need XML Help?

Recommended Reading:

Definitive XML Schema


Web Service Contract Design and Versioning for SOA


Advanced XML Applications



An 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. For barrier and digital/binary options, it can be useful to include the spot rate at the time the option was executed to make it easier to know whether the option needs to move "up" or "down" to be triggered.

Element information

Type: fpml:PositiveDecimal

Properties: Local, Qualified


  • Type based on xsd:decimal
    • Minimum exclusive: 0
  • Used in

    Sample instance


    Site developed and hosted by Datypic, Inc.

    Please report errors or comments about this site to