Definition Type: Element
Name: exchangeTradedContractNearest
Namespace: http://www.fpml.org/2007/FpML-4-4
Type: boolean:http://www.w3.org/2001/XMLSchema
Containing Schema: fpml-eqd-4-4.xsd
MinOccurs 0
MaxOccurs (1)
Abstract
Documentation:
For an index option transaction, a flag used in conjuction with Futures Price Valuation (ISDA defined term) to indicate whether the Nearest Index Contract provision is applicable. The Nearest Index Contract provision is a rule for determining the Exchange-traded Contract (ISDA defined term) without having to explicitly state the actual contract, delivery month and exchange on which it is traded.
Collapse XSD Schema Diagram:
XSD Diagram of exchangeTradedContractNearest in schema fpml-eqd-4-4_xsd (Financial products Markup Language (FpML®))
Collapse XSD Schema Code:
<xsd:element name="exchangeTradedContractNearest" type="xsd:boolean" minOccurs="0">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">For an index option transaction, a flag used in conjuction with Futures Price Valuation (ISDA defined term) to indicate whether the Nearest Index Contract provision is applicable. The Nearest Index Contract provision is a rule for determining the Exchange-traded Contract (ISDA defined term) without having to explicitly state the actual contract, delivery month and exchange on which it is traded.</xsd:documentation>
    </xsd:annotation>
</xsd:element>