Documentation for Financial products Markup Language (FpML®)
Definition Type: Element
Name: direction
Namespace: http://www.fpml.org/FpML-5/recordkeeping
Type: nsD:FxBarrierDirectionEnum
Containing Schema: fpml-fx-5-10.xsd
MinOccurs 0
MaxOccurs (1)
Abstract
Documentation:
This specifies whether the barrier direction is "Up" or "Down"; 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 barrier, or at the times of observation of a discrete or european barrier.
Collapse XSD Schema Diagram:
XSD Diagram of direction in schema fpml-fx-5-10_xsd2 (Financial products Markup Language (FpML®))
Collapse XSD Schema Code: 
<xsd:element name="direction" type="FxBarrierDirectionEnum" minOccurs="0">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">This specifies whether the barrier direction is "Up" or "Down"; 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 barrier, or at the times of observation of a discrete or european barrier.</xsd:documentation>
    </xsd:annotation>
</xsd:element>
Collapse Derivation Tree:
Documentation for Financial products Markup Language (FpML®)

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