Documentation for Financial products Markup Language (FpML®)
Definition Type: ComplexType
Name: FxPayoffCap
Namespace: http://www.fpml.org/FpML-5/recordkeeping
Containing Schema: fpml-fx-targets-5-10.xsd
Abstract
Documentation:
The amount of gain on the client upside or firm upside is limited. If spot settles above the cap, or below the floor, the payout is adjusted to limit the gain. The adjustment may be made by varying the strike, or by maintaining the strike, but varying the payout notionals.
Collapse XSD Schema Diagram:
Drilldown into settlementAdjustmentStyle in schema fpml-fx-targets-5-10_xsd1 Drilldown into rate in schema fpml-fx-targets-5-10_xsd1 Drilldown into condition in schema fpml-fx-targets-5-10_xsd1XSD Diagram of FxPayoffCap in schema fpml-fx-targets-5-10_xsd1 (Financial products Markup Language (FpML®))
Collapse XSD Schema Code: 
<xsd:complexType name="FxPayoffCap">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">The amount of gain on the client upside or firm upside is limited. If spot settles above the cap, or below the floor, the payout is adjusted to limit the gain. The adjustment may be made by varying the strike, or by maintaining the strike, but varying the payout notionals.</xsd:documentation>
    </xsd:annotation>
    <xsd:sequence>
        <xsd:element name="condition" type="ConditionEnum">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">Condition in which Cap or Floor applies.</xsd:documentation>
            </xsd:annotation>
        </xsd:element>
        <xsd:element name="rate" type="Schedule">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">Cap/Floor rate.</xsd:documentation>
            </xsd:annotation>
        </xsd:element>
        <xsd:element name="settlementAdjustmentStyle" type="FxSettlementAdjustmentMethodEnum">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">The Settlement Adjustment Style can be VariedStrike or VariedNotional.</xsd:documentation>
            </xsd:annotation>
        </xsd:element>
    </xsd:sequence>
</xsd:complexType>
Collapse Child Elements:
Name Type Min Occurs Max Occurs
condition nsD:condition (1) (1)
rate nsD:rate (1) (1)
settlementAdjustmentStyle nsD:settlementAdjustmentStyle (1) (1)
Collapse Derivation Tree:
Collapse References:
nsD:payoffCap, nsD:payoffCap
Documentation for Financial products Markup Language (FpML®)

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