Definition Type: SimpleType
Name: PayoutEnum
Namespace: http://www.fpml.org/2007/FpML-4-4
Containing Schema: fpml-enum-4-4.xsd
Documentation:
The specification of how an FX OTC option with a trigger payout will be paid if the trigger condition is met. The contract will specify whether the payout will occur immediately or on the original value date of the option.
Collapse XSD Schema Diagram:
XSD Diagram of PayoutEnum in schema fpml-enum-4-4_xsd (Financial products Markup Language (FpML®))
Collapse XSD Schema Code:
<xsd:simpleType name="PayoutEnum">
    <xsd:annotation>
        <xsd:documentation source="http://www.FpML.org" xml:lang="en">The specification of how an FX OTC option with a trigger payout will be paid if the trigger condition is met. The contract will specify whether the payout will occur immediately or on the original value date of the option.</xsd:documentation>
    </xsd:annotation>
    <xsd:restriction base="xsd:token">
        <xsd:enumeration value="Deferred">
            <xsd:annotation>
                <xsd:documentation source="http://www.FpML.org" xml:lang="en">If the trigger is hit, the option payout will not be paid now but will be paid on the value date of the original option.</xsd:documentation>
            </xsd:annotation>
        </xsd:enumeration>
        <xsd:enumeration value="Immediate">
            <xsd:annotation>
                <xsd:documentation source="http://www.FpML.org" xml:lang="en">If the trigger is hit, the option payout will be paid immediately (i.e., spot from the payout date).</xsd:documentation>
            </xsd:annotation>
        </xsd:enumeration>
    </xsd:restriction>
</xsd:simpleType>
Collapse Facets:
Facet Value
Enumeration Deferred
Enumeration Immediate
Collapse Derivation Tree:
Collapse References:
fpml:payoutStyle