Schema Central > FpML 5.5 Transparency > fpml-eq-shared-5-5.xsd > fpml:BoundedVariance
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fpml:BoundedVariance

A type describing variance bounds, which are used to exclude money price values outside of the specified range In a Up Conditional Swap Underlyer price must be equal to or higher than Lower Barrier In a Down Conditional Swap Underlyer price must be equal to or lower than Upper Barrier In a Corridor Conditional Swap Underlyer price must be equal to or higher than Lower Barrier and must be equal to or lower than Upper Barrier.

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