ExerciseFee
Type CDM 7.2.0A class defining the fee payable on exercise of an option. This fee may be defined as an amount or a percentage of the notional exercised. As a difference with FpML, it extends the BuyerSeller class.
Attributes
4 declared on ExerciseFee, 2 inherited. Cardinality in amber is required.
| Name | Type | Card. | Description | From |
|---|---|---|---|---|
| payer | CounterpartyRoleEnum | 1..1 | Specifies the counterparty responsible for making the payments defined by this structure. The party is one of the two principal parties to the transaction. | PayerReceiver |
| receiver | CounterpartyRoleEnum | 1..1 | Specifies the party that receives the payments corresponding to this structure. The party is one of the two counterparties to the transaction. | PayerReceiver |
| notionalReference | Money | 1..1 | A pointer style reference to the associated notional schedule defined elsewhere in the document. | — |
| feeAmount | number | 0..1 | The amount of fee to be paid on exercise. The fee currency is that of the referenced notional. | — |
| feeRate | number | 0..1 | A fee represented as a percentage of some referenced notional. A percentage of 5% would be represented as 0.05. | — |
| feePaymentDate | RelativeDateOffset | 1..1 | The date on which exercise fee(s) will be paid. It is specified as a relative date. | — |
Conditions
Validation rules the model enforces on this type, in Rune. An instance that breaks one of these is invalid CDM, whatever produced it.
ExerciseFeeChoice Condition
Choice rule to represent an FpML choice construct.
required choice feeAmount, feeRateReferenced by
1 type holds an ExerciseFee as an attribute.
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