Documentation for Financial products Markup Language (FpML®)
Definition Type: Element
Name: offMarketPrice
Namespace: http://www.fpml.org/FpML-5/reporting
Type: boolean:http://www.w3.org/2001/XMLSchema
Containing Schema: fpml-doc-5-10.xsd
MinOccurs 0
MaxOccurs (1)
Abstract
Documentation:
Indicates that the price does not reflect the current market. For example, in a credit trade where the two counterparties are not of equal credit standing, there is no initial margin and one party pays collateral to the other in the form of an add-on to the price (say a price that would otherwise be 100 at the market is struck at 105 to include the collateral, resulting in a very off-market looking price.)
Collapse XSD Schema Diagram:
XSD Diagram of offMarketPrice in schema fpml-doc-5-10_xsd4 (Financial products Markup Language (FpML®))
Collapse XSD Schema Code: 
<xsd:element name="offMarketPrice" type="xsd:boolean" minOccurs="0">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">Indicates that the price does not reflect the current market. For example, in a credit trade where the two counterparties are not of equal credit standing, there is no initial margin and one party pays collateral to the other in the form of an add-on to the price (say a price that would otherwise be 100 at the market is struck at 105 to include the collateral, resulting in a very off-market looking price.)</xsd:documentation>
    </xsd:annotation>
</xsd:element>
Documentation for Financial products Markup Language (FpML®)

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