Documentation for Financial products Markup Language (FpML®)
Definition Type: Element
Name: crossCurrency
Namespace: http://www.fpml.org/FpML-5/recordkeeping
Type: nsD:Composite
Containing Schema: fpml-option-shared-5-10.xsd
MinOccurs (1)
MaxOccurs (1)
Abstract
Documentation:
If “Cross-Currency” is specified as the Settlement Type in the relevant Transaction Supplement, an amount in the Settlement Currency, determined by the Calculation Agent as being equal to the number of Options exercised or deemed exercised, multiplied by: (Settlement Price – Strike Price) / (Strike Price – Settlement Price) x Multiplier x one unit of the Reference Currency converted into an amount in the Settlement Currency using the rate of exchange of the Settlement Currency as quoted on the Reference Price Source on the Valuation Date, provided that if the above is equal to a negative amount the Option Cash Settlement Amount shall be deemed to be zero.
Collapse XSD Schema Diagram:
Drilldown into fxSpotRateSource in schema fpml-option-shared-5-10_xsd2 Drilldown into relativeDate in schema fpml-option-shared-5-10_xsd2 Drilldown into determinationMethod in schema fpml-option-shared-5-10_xsd2 Drilldown into Composite in schema fpml-option-shared-5-10_xsd2XSD Diagram of crossCurrency in schema fpml-option-shared-5-10_xsd2 (Financial products Markup Language (FpML®))
Collapse XSD Schema Code: 
<xsd:element name="crossCurrency" type="Composite">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">If “Cross-Currency” is specified as the Settlement Type in the relevant Transaction Supplement, an amount in the Settlement Currency, determined by the Calculation Agent as being equal to the number of Options exercised or deemed exercised, multiplied by: (Settlement Price – Strike Price) / (Strike Price – Settlement Price) x Multiplier x one unit of the Reference Currency converted into an amount in the Settlement Currency using the rate of exchange of the Settlement Currency as quoted on the Reference Price Source on the Valuation Date, provided that if the above is equal to a negative amount the Option Cash Settlement Amount shall be deemed to be zero.</xsd:documentation>
    </xsd:annotation>
</xsd:element>
Collapse Child Elements:
Name Type Min Occurs Max Occurs
determinationMethod nsD:determinationMethod 0 (1)
relativeDate nsD:relativeDate 0 (1)
fxSpotRateSource nsD:fxSpotRateSource 0 (1)
Collapse Derivation Tree:
Documentation for Financial products Markup Language (FpML®)

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