Documentation for Financial products Markup Language (FpML®)
Definition Type: SimpleType
Name: BuyerConventionEnum
Namespace: http://www.fpml.org/FpML-5/pretrade
Containing Schema: fpml-enum-5-10.xsd
Documentation:
The purpose of this element is to disambiguate whether the buyer of the product effectively buys protection or whether he buys risk (and, hence, sells protection) in the case, such as high yields instruments, where no firm standard appears to exist at the execution level.
Collapse XSD Schema Diagram:
XSD Diagram of BuyerConventionEnum in schema fpml-enum-5-10_xsd2 (Financial products Markup Language (FpML®))
Collapse XSD Schema Code: 
<xsd:simpleType name="BuyerConventionEnum">
    <xsd:annotation>
        <xsd:documentation source="http://www.FpML.org" xml:lang="en">The purpose of this element is to disambiguate whether the buyer of the product effectively buys protection or whether he buys risk (and, hence, sells protection) in the case, such as high yields instruments, where no firm standard appears to exist at the execution level.</xsd:documentation>
    </xsd:annotation>
    <xsd:restriction base="xsd:token">
        <xsd:enumeration value="Protection">
            <xsd:annotation>
                <xsd:documentation source="http://www.FpML.org" xml:lang="en">the buyer of the product effectively buys protection.</xsd:documentation>
            </xsd:annotation>
        </xsd:enumeration>
        <xsd:enumeration value="Risk">
            <xsd:annotation>
                <xsd:documentation source="http://www.FpML.org" xml:lang="en">the buyer of the product effectively buys risk (and, hence, sells protection).</xsd:documentation>
            </xsd:annotation>
        </xsd:enumeration>
    </xsd:restriction>
</xsd:simpleType>
Collapse Facets:
Facet Value
Enumeration Protection
Enumeration Risk
Collapse Derivation Tree:
Collapse References:
nsC:buyerConvention
Documentation for Financial products Markup Language (FpML®)

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