Documentation for Financial products Markup Language (FpML®)
Definition Type: Element
Name: accrualRetention
Namespace: http://www.fpml.org/FpML-5/recordkeeping
Type: nsD:FxAccrualKnockoutBarrierRetentionEnum
Containing Schema: fpml-fx-accruals-5-10.xsd
MinOccurs 0
MaxOccurs (1)
Abstract
Documentation:
Specifies the behavior with respect to settlement rights for the accrual period in which a global knockout event occurs (the "knockout period"). "Keep" means that the parties retain settlement rights at the end of the knckout period, fixed at the prevailing accrued notional, and settlement rights for all future accrual periods are extinguished. "Lose" means that settlement rights for the knockout period and all future accrual periods are extinguished, and the product is effectively extinguished. This element should be produced in case of a global knockout barrier (barrierType= "Knockout", scope="Global"), and omitted otherwise.
Collapse XSD Schema Diagram:
XSD Diagram of accrualRetention in schema fpml-fx-accruals-5-10_xsd1 (Financial products Markup Language (FpML®))
Collapse XSD Schema Code: 
<xsd:element name="accrualRetention" type="FxAccrualKnockoutBarrierRetentionEnum" minOccurs="0">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">Specifies the behavior with respect to settlement rights for the accrual period in which a global knockout event occurs (the "knockout period"). "Keep" means that the parties retain settlement rights at the end of the knckout period, fixed at the prevailing accrued notional, and settlement rights for all future accrual periods are extinguished. "Lose" means that settlement rights for the knockout period and all future accrual periods are extinguished, and the product is effectively extinguished. This element should be produced in case of a global knockout barrier (barrierType= "Knockout", scope="Global"), and omitted otherwise.</xsd:documentation>
    </xsd:annotation>
</xsd:element>
Collapse Derivation Tree:
Documentation for Financial products Markup Language (FpML®)

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