Documentation for Financial products Markup Language (FpML®)
Definition Type: Element
Name: direction
Namespace: http://www.fpml.org/FpML-5/reporting
Type: nsE:TriggerConditionEnum
Containing Schema: fpml-fx-5-10.xsd
MinOccurs 0
MaxOccurs (1)
Abstract
Documentation:
This specifies whether the trigger direction is "AtOrAbove" or "AtOrBelow; that is, that a barrier event occurs if the spot rate is at or above the trigger rate, or at or below the trigger rate during the period of observation of an american trigger, or at the times of observation of a discrete trigger. DEPRECATE: Values "Above" and "Below" are deprecated.
Collapse XSD Schema Diagram:
XSD Diagram of direction in schema fpml-fx-5-10_xsd3 (Financial products Markup Language (FpML®))
Collapse XSD Schema Code: 
<xsd:element name="direction" type="TriggerConditionEnum" minOccurs="0">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">This specifies whether the trigger direction is "AtOrAbove" or "AtOrBelow; that is, that a barrier event occurs if the spot rate is at or above the trigger rate, or at or below the trigger rate during the period of observation of an american trigger, or at the times of observation of a discrete trigger. DEPRECATE: Values "Above" and "Below" are deprecated.</xsd:documentation>
    </xsd:annotation>
</xsd:element>
Collapse Derivation Tree:
Documentation for Financial products Markup Language (FpML®)

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