SettlementTypeEnum
Enum CDM 7.2.0The enumeration values to specify how the option is to be settled when exercised.
Values 4
Namespace cdm.product.common.settlement
Values
4 permitted values.
| Value | Description |
|---|---|
| Cash | The intrinsic value of the option will be delivered by way of a cash settlement amount determined, (i) by reference to the differential between the strike price and the settlement price; or (ii) in accordance with a bilateral agreement between the parties. |
| Physical | The securities underlying the transaction will be delivered by (i) in the case of a call, the seller to the buyer, or (ii) in the case of a put, the buyer to the seller versus a settlement amount equivalent to the strike price per share. |
| Election | Allow Election of either Cash or Physical settlement. |
| CashOrPhysical | Allow use of either Cash or Physical settlement without prior Election. |
Referenced by
1 type holds a SettlementTypeEnum as an attribute.
Functions
Model functions that produce or consume this type. These are the CDM's own behaviour — the logic a correct implementation has to match.
| Function | Role | Description |
|---|---|---|
| MapSettlementTypeEnum | returns | — |
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