Documentation for Financial products Markup Language (FpML®)
Definition Type: Element
Name: triggerRate
Namespace: http://www.fpml.org/FpML-5/confirmation
Type: nsA:PositiveDecimal
Containing Schema: fpml-fx-5-10.xsd
MinOccurs (1)
MaxOccurs (1)
Abstract
Documentation:
The market rate is observed relative to the trigger rate, and if it is found to be on the predefined side of (above or below) the trigger rate, a barrier event is deemed to have occurred.
Collapse XSD Schema Diagram:
XSD Diagram of triggerRate in schema fpml-fx-5-10_xsd (Financial products Markup Language (FpML®))
Collapse XSD Schema Code: 
<xsd:element name="triggerRate" type="PositiveDecimal">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">The market rate is observed relative to the trigger rate, and if it is found to be on the predefined side of (above or below) the trigger rate, a barrier event is deemed to have occurred.</xsd:documentation>
    </xsd:annotation>
</xsd:element>
Collapse Derivation Tree:
Documentation for Financial products Markup Language (FpML®)

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