Documentation for Financial products Markup Language (FpML®)
Definition Type: Element
Name: settlementDay
Namespace: http://www.fpml.org/FpML-5/legal
Type: nsB:SettlementDay
Containing Schema: fpml-legal-5-10.xsd
MinOccurs (1)
MaxOccurs (1)
Abstract
Documentation:
Settlement under the SCSA is required to be either on a T+1 or, exceptionally, on a T+2 basis (when counterparties are in disparate timezones). T+0 settlement is not allowed under the SCSA.
Collapse XSD Schema Diagram:
Drilldown into settlementDayScheme in schema fpml-legal-5-10_xsd Drilldown into SettlementDay in schema fpml-legal-5-10_xsdXSD Diagram of settlementDay in schema fpml-legal-5-10_xsd (Financial products Markup Language (FpML®))
Collapse XSD Schema Code: 
<xsd:element name="settlementDay" type="SettlementDay">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">Settlement under the SCSA is required to be either on a T+1 or, exceptionally, on a T+2 basis (when counterparties are in disparate timezones). T+0 settlement is not allowed under the SCSA.</xsd:documentation>
    </xsd:annotation>
</xsd:element>
Collapse Child Attributes:
Name Type Default Value Use
settlementDayScheme nsB:settlementDayScheme http://www.fpml.org/coding-scheme/settlement-day (Optional)
Collapse Derivation Tree:
Documentation for Financial products Markup Language (FpML®)

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