fpml:trade

Element information

Content

• Sequence [1..1]
  1. fpml:tradeHeader [1..1]    The information on the trade which is not product specific, e.g. trade date.
  2. Choice [1..1]
     from subst. group fpml:product
     fpml:bondOption    A component describing a Bond Option product.
     fpml:creditDefaultSwap    In a credit default swap one party (the protection seller) agrees to compensate another party (the protection buyer) if a specified company or Sovereign (the reference entity) experiences a credit event, indicating it is or may be unable to service its debts. The protection seller is typically paid a fee and/or premium, expressed as an annualized percent of the notional in basis points, regularly over the life of the transaction or otherwise as agreed by the parties.
     fpml:creditDefaultSwapOption    An option on a credit default swap.
     fpml:commodityForward    Defines a commodity forward product.
     fpml:commodityOption    Defines a commodity option product. The product support for financially-settled exercises or exercise into physical forward contracts written on precious and non-precious metals. options in FpML is based on the creation of a 'commodityOption' product. The product references the 'commodity' underlyer in order to support the underlying asset of the option.
     fpml:commoditySwap    Defines a commodity swap product.
     fpml:commoditySwaption    Defines a commodity swaption product
     fpml:correlationSwap    Specifies the structure of a correlation swap.
     fpml:dividendSwapOptionTransactionSupplement    Specifies the structure of the dividend swap transaction supplement.
     fpml:dividendSwapTransactionSupplement    Specifies the structure of the dividend swap transaction supplement.
     fpml:returnSwap    Specifies the structure of a return type swap. It can represent return swaps, total return swaps, variance swaps.
     fpml:equityForward    A component describing an Equity Forward product.
     fpml:equityOptionTransactionSupplement    A component describing an Equity Option Transaction Supplement.
     fpml:fxDigitalOption    An FX digital option transaction definition.
     fpml:fxFlexibleForward    A flexible term fx forward product definition.
     fpml:fxSingleLeg    A simple FX spot or forward transaction definition.
     fpml:fxSwap    An FX Swap transaction definition.
     fpml:fxOption    An FX option transaction definition.
     fpml:genericProduct    Generic products - for use in Transparency reporting to define a product that represents an OTC derivative transaction whose economics are not fully described using an FpML schema. In other views, generic products are present for convenience to support internal messaging and workflows that are cross-product. Generic products are not full trade representations as such they are not intended to be used for confirming trades.
     fpml:nonSchemaProduct    DEPRECATED: Generic products - for use in Transparency reporting to define a product that represents an OTC derivative transaction whose economics are not fully described using an FpML schema. In other views, generic products are present for convenience to support internal messaging and workflows that are cross-product. Generic products are not full trade representations as such they are not intended to be used for confirming trades.
     fpml:capFloor    A cap, floor or cap floor structures product definition.
     fpml:fra    A forward rate agreement product definition.
     fpml:swap    A swap product definition.
     fpml:swaption    A swaption product definition.
     fpml:equitySwapTransactionSupplement    Specifies the structure of the equity swap transaction supplement.
     fpml:standardProduct    Standard products - for use in Transparency reporting to define a product that represents a standardized OTC derivative transaction whose economics do not need to be fully described using an FpML schema because they are implied by the product ID. In other views, standard products are present for convenience to support internal messaging and workflows that are cross-product. Standard products are not full trade representations as such they are not intended to be used for confirming trades.
     fpml:varianceOptionTransactionSupplement    Specifies the structure of a variance option.
     fpml:varianceSwapTransactionSupplement    Specifies the structure of a variance swap transaction supplement.
  3. fpml:barrierDeterminationAgent [0..1]    The party referenced is specified in the related Confirmation as Barrier Determination Agent.

Attributes

Used in

• Group fpml:Events.model
• Type fpml:ImpliedTrade
• Type fpml:EventProposedMatch via reference to fpml:Events.model
• Type fpml:EventsChoice via reference to fpml:Events.model
• Type fpml:PublicExecutionReport via reference to fpml:Events.model (Element fpml:publicExecutionReport)
• Type fpml:PublicExecutionReportRetracted via reference to fpml:Events.model (Element fpml:publicExecutionReportRetracted)

Sample instance

<trade>
   <tradeHeader>
      <partyTradeIdentifier>
         <issuer issuerIdScheme="http://www.fpml.org/coding-scheme/external/cftc/issuer-identifier">1021111111</issuer>
         <tradeId tradeIdScheme="http://www.fpml.org/coding-scheme/external/unique-transaction-identifier">12345678901234567890123456789012</tradeId>
      </partyTradeIdentifier>
      <tradeInformation>
         <executionDateTime>2006-05-10T09:12:34Z</executionDateTime>
         <intentToClear>false</intentToClear>
         <nonStandardTerms>true</nonStandardTerms>
         <offMarketPrice>true</offMarketPrice>
         <largeSizeTrade>false</largeSizeTrade>
         <executionType>Electronic</executionType>
         <executionVenueType>SEF</executionVenueType>
      </tradeInformation>
      <tradeDate id="TRADEDATE">2006-05-10</tradeDate>
   </tradeHeader>
   <bondOption>
      <primaryAssetClass>InterestRate</primaryAssetClass>
      <productType>InterestRate:Option:DebtOption</productType>
      <optionType>Call</optionType>
      <premium>
         <paymentAmount>
            <currency>JPY</currency>
            <amount>25000000</amount>
         </paymentAmount>
      </premium>
      <europeanExercise>
         <expirationDate>
            <adjustableDate>
               <unadjustedDate>2006-06-19</unadjustedDate>
            </adjustableDate>
         </expirationDate>
      </europeanExercise>
      <notionalAmount>
         <currency>JPY</currency>
         <amount>10000000000</amount>
      </notionalAmount>
      <entitlementCurrency>JPY</entitlementCurrency>
      <numberOfOptions>1</numberOfOptions>
      <strike>
         <price>
            <strikePrice>99.7</strikePrice>
         </price>
      </strike>
      <bond>
         <instrumentId instrumentIdScheme="CUSIP">ExampleCUSIP1</instrumentId>
         <currency>JPY</currency>
         <clearanceSystem>Clearstream</clearanceSystem>
         <couponRate>0.014</couponRate>
         <maturity>2011-03-20</maturity>
         <parValue>10000000000</parValue>
         <faceAmount>10000000000</faceAmount>
      </bond>
   </bondOption>
</trade>