# FpML 4.2 Trial Recommendation

## 10 September 2021

## Asset Component Definitions

### Version: 4.2

### This Version:

> http://www.fpml.org/spec/fpml-4-2-13-tr-6

### Latest Version:

> http://www.fpml.org/spec/fpml-4-2-13-tr-6

### Previous Version:

> https://www.fpml.org/spec/fpml-4-2-12-rec-2/

### Errata for this Version:

> http://www.fpml.org/spec/errata/fpml-4-2-13-tr-6-errata.html

Document built: Thu 09/09/2021 16:55:41.05

Copyright (c) 1999 - 2006 by INTERNATIONAL SWAPS AND DERIVATIVES ASSOCIATION, INC.
Financial Products Markup Language is subject to the FpML public license
A copy of this license is available at http://www.fpml.org/documents/license.html

The FpML specifications provided are without warranty of any kind, either expressed or implied, including, without limitation, warranties that FpML, or the FpML specifications are free of defects, merchantable, fit for a particular purpose or non-infringing. The entire risk as to the quality and performance of the specifications is with you. Should any of the FpML specifications prove defective in any respect, you assume the cost of any necessary servicing or repair. Under no circumstances and under no legal theory, whether tort (including negligence), contract, or otherwise, shall ISDA, any of its members, or any distributor of documents or software containing any of the FpML specifications, or any supplier of any of such parties, be liable to you or any other person for any indirect, special, incidental, or consequential damages of any character including, without limitation, damages for loss of goodwill, work stoppage, computer failure or malfunction, or any and all other commercial damages or losses, even if such party shall have been informed of the possibility of such damages.

# Contents

  Global Simple Types
  Global Complex Types
    ActualPrice
    Asset
    Basket
    BasketConstituent
    BasketId
    BasketName
    Bond
    Cash
    Commission
    ConstituentWeight
    ConvertibleBond
    CouponType
    Deposit
    DividendPayout
    EquityAsset
    ExchangeTraded
    ExchangeTradedContract
    ExchangeTradedFund
    Future
    FutureId
    FxConversion
    FxRateAsset
    Index
    MutualFund
    PendingPayment
    Price
    RateIndex
    SimpleCreditDefaultSwap
    SimpleFra
    SimpleIRSwap
    SingleUnderlyer
    Underlyer
    UnderlyingAsset
  Global Elements
    bond
    cash
    convertibleBond
    deposit
    equity
    exchangeTradedFund
    future
    fxRate
    index
    mutualFund
    rateIndex
    simpleCreditDefaultSwap
    simpleFra
    simpleIrSwap
    underlyingAsset
  Groups
    BasketIdentifier.model
    CreditEntity.model
    ExchangeIdentifier.model
  Schema Listing

# Global Simple Types

The schema does not contain any global simple types.

# Global Complex Types

## ActualPrice

### Description:

### Figure:

### Contents:

currency (zero or one occurrence; of the type Currency)

- Specifies the currency associated with the net price. This element is not present if the price is expressed in percentage terms (as specified through the priceExpression element).

amount (exactly one occurrence; of the type xsd:decimal)

- Specifies the net price amount. In the case of a fixed income security or a convertible bond, this price includes the accrued interests.

priceExpression (exactly one occurrence; of the type PriceExpressionEnum)

- Specifies whether the price is expressed in absolute or relative terms.

### Used by:

- Price/grossPrice
- Price/netPrice

### Schema Fragment:

    <xsd:complexType name="ActualPrice">
      <xsd:sequence>
        <xsd:element name="currency" type="Currency" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the currency associated with the net price. This
              element is not present if the price is expressed in
              percentage terms (as specified through the priceExpression
              element).
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="amount" type="xsd:decimal">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the net price amount. In the case of a fixed income
              security or a convertible bond, this price includes the
              accrued interests.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="priceExpression" type="PriceExpressionEnum">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies whether the price is expressed in absolute or
              relative terms.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
    </xsd:complexType>

## Asset

### Description:

A generic type describing the basic components of an asset.

### Figure:

### Contents:

instrumentId (one or more occurrences; of the type InstrumentId)

description (zero or one occurrence; of the type xsd:string)

- The long name of a security.

Attribute: id (xsd:ID)

### Used by:

### Derived Types:

- Cash
- UnderlyingAsset

### Schema Fragment:

    <xsd:complexType name="Asset" abstract="true">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          A generic type describing the basic components of an asset.
        </xsd:documentation>
      </xsd:annotation>
      <xsd:sequence>
        <xsd:element name="instrumentId" type="InstrumentId" maxOccurs="unbounded"/>
        <xsd:element name="description" type="xsd:string" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              The long name of a security.
            </xsd:documentation>
            <xsd:documentation xml:lang="de">
              Vollständige Wertpapierbezeichnung.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
      <xsd:attribute name="id" type="xsd:ID"/>
    </xsd:complexType>

## Basket

### Description:

A type describing the underlyer features of a basket swap. Each of the basket constituents are described through an embedded component, the basketConstituentsType.

### Figure:

### Contents:

openUnits (zero or one occurrence; of the type xsd:decimal)

- The number of units (index or securities) that constitute the underlyer of the swap. In the case of a basket swap, this element is used to reference both the number of basket units, and the number of each asset components of the basket when these are expressed in absolute terms.

basketConstituent (one or more occurrences; of the type BasketConstituent)

- Describes each of the components of the basket.

basketDivisor (zero or one occurrence; of the type xsd:decimal)

- Specifies the basket divisor amount. This value is normally used to adjust the constituent weight for pricing or to adjust for dividends, or other corporate actions.

There can be one occurance of the following structure;

basketCurrency (zero or one occurrence; of the type Currency)

- Specifies the currency for this basket.

Attribute: id (xsd:ID) - optional

### Used by:

- Underlyer/basket

### Schema Fragment:

    <xsd:complexType name="Basket">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          A type describing the underlyer features of a basket swap. Each
          of the basket constituents are described through an embedded
          component, the basketConstituentsType.
        </xsd:documentation>
      </xsd:annotation>
      <xsd:sequence>
        <xsd:element name="openUnits" type="xsd:decimal" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              The number of units (index or securities) that constitute the
              underlyer of the swap. In the case of a basket swap, this
              element is used to reference both the number of basket units,
              and the number of each asset components of the basket when
              these are expressed in absolute terms.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="basketConstituent" type="BasketConstituent" maxOccurs="unbounded">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Describes each of the components of the basket.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="basketDivisor" type="xsd:decimal" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the basket divisor amount. This value is normally
              used to adjust the constituent weight for pricing or to
              adjust for dividends, or other corporate actions.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:group ref="BasketIdentifier.model" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Reuses the group that specifies a name and an identifier for
              a given basket.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:group>
        <xsd:element name="basketCurrency" type="Currency" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the currency for this basket.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
      <xsd:attribute name="id" type="xsd:ID" use="optional"/>
    </xsd:complexType>

## BasketConstituent

### Description:

A type describing each of the constituents of a basket swap.

### Figure:

### Contents:

underlyingAsset (exactly one occurrence; of the type Asset)

- Define the underlying asset when it is a listed security.

constituentWeight (zero or one occurrence; of the type ConstituentWeight)

- Specifies the weight of each of the underlyer constituent within the basket, either in absolute or relative terms. This is an optional component, as certain swaps do not specify a specific weight for each of their basket constituents.

dividendPayout (zero or one occurrence; of the type DividendPayout)

- Specifies the dividend payout ratio associated with an equity underlyer. A basket swap can have different payout ratios across the various underlying constituents. In certain cases the actual ratio is not known on trade inception, and only general conditions are then specified.

underlyerPrice (zero or one occurrence; of the type Price)

- Specifies the price that is associated with each of the basket constituents. This component is optional, as it is not absolutely required to accurately describe the economics of the trade, considering the price that characterizes the equity swap is associated to the leg of the trade.

underlyerNotional (zero or one occurrence; of the type Money)

- Specifies the notional (i.e. price * quantity) that is associated with each of the basket constituents. This component is optional, as it is not absolutely required to accurately describe the economics of the trade, considering the notional that characterizes the equity swap is associated to the leg of the trade.

underlyerSpread (zero or one occurrence; of the type SpreadScheduleReference)

- Provides a link to the spread schedule used for this underlyer.

couponPayment (zero or one occurrence; of the type PendingPayment)

- The next upcoming coupon payment.

Attribute: id (xsd:ID) - optional

### Used by:

- Basket/basketConstituent

### Schema Fragment:

    <xsd:complexType name="BasketConstituent">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          A type describing each of the constituents of a basket swap.
        </xsd:documentation>
      </xsd:annotation>
      <xsd:sequence>
        <xsd:element ref="underlyingAsset"/>
        <xsd:element name="constituentWeight" type="ConstituentWeight" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the weight of each of the underlyer constituent
              within the basket, either in absolute or relative terms. This
              is an optional component, as certain swaps do not specify a
              specific weight for each of their basket constituents.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="dividendPayout" type="DividendPayout" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the dividend payout ratio associated with an equity
              underlyer. A basket swap can have different payout ratios
              across the various underlying constituents. In certain cases
              the actual ratio is not known on trade inception, and only
              general conditions are then specified.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="underlyerPrice" type="Price" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the price that is associated with each of the
              basket constituents. This component is optional, as it is not
              absolutely required to accurately describe the economics of
              the trade, considering the price that characterizes the
              equity swap is associated to the leg of the trade.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="underlyerNotional" type="Money" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the notional (i.e. price * quantity) that is
              associated with each of the basket constituents. This
              component is optional, as it is not absolutely required to
              accurately describe the economics of the trade, considering
              the notional that characterizes the equity swap is associated
              to the leg of the trade.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="underlyerSpread" type="SpreadScheduleReference" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Provides a link to the spread schedule used for this
              underlyer.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="couponPayment" type="PendingPayment" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              The next upcoming coupon payment.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
      <xsd:attribute name="id" type="xsd:ID" use="optional"/>
    </xsd:complexType>

## BasketId

### Description:

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type xsd:normalizedString)

Attribute: basketIdScheme (xsd:anyURI)

### Used by:

### Schema Fragment:

    <xsd:complexType name="BasketId">
      <xsd:simpleContent>
        <xsd:extension base="xsd:normalizedString">
          <xsd:attribute name="basketIdScheme" type="xsd:anyURI"/>
        </xsd:extension>
      </xsd:simpleContent>
    </xsd:complexType>

## BasketName

### Description:

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type xsd:normalizedString)

Attribute: basketNameScheme (xsd:anyURI)

### Used by:

### Schema Fragment:

    <xsd:complexType name="BasketName">
      <xsd:simpleContent>
        <xsd:extension base="xsd:normalizedString">
          <xsd:attribute name="basketNameScheme" type="xsd:anyURI"/>
        </xsd:extension>
      </xsd:simpleContent>
    </xsd:complexType>

## Bond

### Description:

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type ExchangeTraded)

issuerName (zero or one occurrence; of the type xsd:string)

- Specifies the issuer name of a fixed income security or convertible bond.

seniority (zero or one occurrence; of the type CreditSeniority)

- The repayment precedence of a debt instrument.

couponType (zero or one occurrence; of the type CouponType)

- Specifies if the bond has a variable coupon, step-up/down coupon or a zero-coupon.

couponRate (zero or one occurrence; of the type xsd:decimal)

- Specifies the coupon rate (expressed in percentage) of a fixed income security or convertible bond.

maturity (zero or one occurrence; of the type xsd:date)

- The date when the principal amount of a security becomes due and payable.

parValue (zero or one occurrence; of the type xsd:decimal)

- Specifies the nominal amount of a fixed income security or convertible bond.

faceAmount (zero or one occurrence; of the type xsd:decimal)

- Specifies the total amount of the issue. Corresponds to the par value multiplied by the number of issued security.

paymentFrequency (zero or one occurrence; of the type Interval)

- Specifies the frequency at which the bond pays, e.g. 6M.

dayCountFraction (zero or one occurrence; of the type DayCountFraction)

- The day count basis for the bond.

### Used by:

### Extension of:

- ExchangeTraded

### Derived Types:

- ConvertibleBond

### Schema Fragment:

    <xsd:complexType name="Bond">
      <xsd:complexContent>
        <xsd:extension base="ExchangeTraded">
          <xsd:sequence>
            <xsd:element name="issuerName" type="xsd:string" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the issuer name of a fixed income security or
                  convertible bond.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="seniority" type="CreditSeniority" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  The repayment precedence of a debt instrument.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="couponType" type="CouponType" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies if the bond has a variable coupon, step-up/down
                  coupon or a zero-coupon.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="couponRate" type="xsd:decimal" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the coupon rate (expressed in percentage) of a
                  fixed income security or convertible bond.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="maturity" type="xsd:date" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  The date when the principal amount of a security becomes
                  due and payable.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="parValue" type="xsd:decimal" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the nominal amount of a fixed income security
                  or convertible bond.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="faceAmount" type="xsd:decimal" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the total amount of the issue. Corresponds to
                  the par value multiplied by the number of issued
                  security.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="paymentFrequency" type="Interval" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the frequency at which the bond pays, e.g. 6M.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="dayCountFraction" type="DayCountFraction" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  The day count basis for the bond.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
          </xsd:sequence>
        </xsd:extension>
      </xsd:complexContent>
    </xsd:complexType>

## Cash

### Description:

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type Asset)

- A generic type describing the basic components of an asset.

currency (exactly one occurrence; of the type Currency)

- The currency in which an amount is denominated.

### Used by:

### Extension of:

- Asset

### Schema Fragment:

    <xsd:complexType name="Cash">
      <xsd:complexContent>
        <xsd:extension base="Asset">
          <xsd:sequence>
            <xsd:element name="currency" type="Currency">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  The currency in which an amount is denominated.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
          </xsd:sequence>
        </xsd:extension>
      </xsd:complexContent>
    </xsd:complexType>

## Commission

### Description:

A type describing the commission that will be charged for each of the hedge transactions.

### Figure:

### Contents:

commissionDenomination (exactly one occurrence; of the type CommissionDenominationEnum)

- The type of units used to express a commission.

commissionAmount (exactly one occurrence; of the type xsd:decimal)

- The commission amount, expressed in the way indicated by the commissionType element.

currency (zero or one occurrence; of the type Currency)

- The currency in which an amount is denominated.

commissionPerTrade (zero or one occurrence; of the type xsd:decimal)

- The total commission per trade.

fxRate (zero or more occurrences; of the type FxRate)

- FX Rates that have been used to convert commissions to a single currency.

### Used by:

- Price/commission

### Schema Fragment:

    <xsd:complexType name="Commission">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          A type describing the commission that will be charged for each of
          the hedge transactions.
        </xsd:documentation>
      </xsd:annotation>
      <xsd:sequence>
        <xsd:element name="commissionDenomination" type="CommissionDenominationEnum">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              The type of units used to express a commission.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="commissionAmount" type="xsd:decimal">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              The commission amount, expressed in the way indicated by the
              commissionType element.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="currency" type="Currency" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              The currency in which an amount is denominated.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="commissionPerTrade" type="xsd:decimal" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              The total commission per trade.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="fxRate" type="FxRate" minOccurs="0" maxOccurs="unbounded">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              FX Rates that have been used to convert commissions to a
              single currency.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
    </xsd:complexType>

## ConstituentWeight

### Description:

A type describing the weight of each of the underlyer constituent within the basket, either in absolute or relative terms.

### Figure:

### Contents:

There can be one occurance of the following structure; Choice of either

openUnits (exactly one occurrence; of the type xsd:decimal)

- The number of units (index or securities) that constitute the underlyer of the swap. In the case of a basket swap, this element is used to reference both the number of basket units, and the number of each asset components of the basket when these are expressed in absolute terms.

Or

basketPercentage (exactly one occurrence; of the type RestrictedPercentage)

- The relative weight of each respective basket constituent, expressed in percentage. A basket percentage of 5% would be represented as 0.05.

Or

basketAmount (exactly one occurrence; of the type Money)

- The relative weight of each respective basket constituent, expressed as a monetary amount.

### Used by:

- BasketConstituent/constituentWeight
- ReferencePoolItem/constituentWeight

### Schema Fragment:

    <xsd:complexType name="ConstituentWeight">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          A type describing the weight of each of the underlyer constituent
          within the basket, either in absolute or relative terms.
        </xsd:documentation>
      </xsd:annotation>
      <xsd:choice>
        <xsd:element name="openUnits" type="xsd:decimal">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              The number of units (index or securities) that constitute the
              underlyer of the swap. In the case of a basket swap, this
              element is used to reference both the number of basket units,
              and the number of each asset components of the basket when
              these are expressed in absolute terms.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="basketPercentage" type="RestrictedPercentage">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              The relative weight of each respective basket constituent,
              expressed in percentage. A basket percentage of 5% would be
              represented as 0.05.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="basketAmount" type="Money">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              The relative weight of each respective basket constituent,
              expressed as a monetary amount.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:choice>
    </xsd:complexType>

## ConvertibleBond

### Description:

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type Bond)

underlyingEquity (exactly one occurrence; of the type EquityAsset)

- Specifies the equity in which the convertible bond can be converted.

### Used by:

### Extension of:

- Bond

### Schema Fragment:

    <xsd:complexType name="ConvertibleBond">
      <xsd:complexContent>
        <xsd:extension base="Bond">
          <xsd:sequence>
            <xsd:element name="underlyingEquity" type="EquityAsset">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the equity in which the convertible bond can be
                  converted.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
          </xsd:sequence>
        </xsd:extension>
      </xsd:complexContent>
    </xsd:complexType>

## CouponType

### Description:

Defines a scheme of values for specifiying if the bond has a variable coupon, step-up/down coupon or a zero-coupon.

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type xsd:normalizedString)

Attribute: couponTypeScheme (xsd:anyURI)

### Used by:

- Bond/couponType

### Schema Fragment:

    <xsd:complexType name="CouponType">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Defines a scheme of values for specifiying if the bond has a
          variable coupon, step-up/down coupon or a zero-coupon.
        </xsd:documentation>
      </xsd:annotation>
      <xsd:simpleContent>
        <xsd:extension base="xsd:normalizedString">
          <xsd:attribute name="couponTypeScheme" type="xsd:anyURI" default="http://www.fpml.org/coding-scheme/coupon-type-1-0"/>
        </xsd:extension>
      </xsd:simpleContent>
    </xsd:complexType>

## Deposit

### Description:

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type UnderlyingAsset)

- A type describing the basic components of a security of index underlyer.

term (exactly one occurrence; of the type Interval)

- Specifies the term of the deposit, e.g. 5Y.

paymentFrequency (zero or one occurrence; of the type Interval)

- Specifies the frequency at which the deposit pays, e.g. 6M.

dayCountFraction (zero or one occurrence; of the type DayCountFraction)

- The day count basis for the deposit.

### Used by:

### Extension of:

- UnderlyingAsset

### Schema Fragment:

    <xsd:complexType name="Deposit">
      <xsd:complexContent>
        <xsd:extension base="UnderlyingAsset">
          <xsd:sequence>
            <xsd:element name="term" type="Interval">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the term of the deposit, e.g. 5Y.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="paymentFrequency" type="Interval" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the frequency at which the deposit pays, e.g.
                  6M.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="dayCountFraction" type="DayCountFraction" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  The day count basis for the deposit.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
          </xsd:sequence>
        </xsd:extension>
      </xsd:complexContent>
    </xsd:complexType>

## DividendPayout

### Description:

A type describing the dividend payout ratio associated with an equity underlyer. In certain cases the actual ratio is not known on trade inception, and only general conditions are then specified.

### Figure:

### Contents:

There can be one occurance of the following structure; Choice of either

dividendPayoutRatio (exactly one occurrence; of the type xsd:decimal)

- Specifies the actual dividend payout ratio associated with the equity underlyer.

Or

dividendPayoutConditions (exactly one occurrence; of the type xsd:string)

- Specifies the dividend payout conditions that will be applied in the case where the actual ratio is not known, typically because of regulatory or legal uncertainties.

dividendPayment (zero or more occurrences; of the type PendingPayment)

- The next upcoming dividend payment or payments.

### Used by:

- BasketConstituent/dividendPayout
- SingleUnderlyer/dividendPayout

### Schema Fragment:

    <xsd:complexType name="DividendPayout">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          A type describing the dividend payout ratio associated with an
          equity underlyer. In certain cases the actual ratio is not known
          on trade inception, and only general conditions are then
          specified.
        </xsd:documentation>
      </xsd:annotation>
      <xsd:sequence>
        <xsd:choice>
          <xsd:element name="dividendPayoutRatio" type="xsd:decimal">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the actual dividend payout ratio associated with
                the equity underlyer.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="dividendPayoutConditions" type="xsd:string">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the dividend payout conditions that will be
                applied in the case where the actual ratio is not known,
                typically because of regulatory or legal uncertainties.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:choice>
        <xsd:element name="dividendPayment" type="PendingPayment" minOccurs="0" maxOccurs="unbounded">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              The next upcoming dividend payment or payments.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
    </xsd:complexType>

## EquityAsset

### Description:

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type ExchangeTraded)

### Used by:

- ConvertibleBond/underlyingEquity

### Extension of:

- ExchangeTraded

### Schema Fragment:

    <xsd:complexType name="EquityAsset">
      <xsd:complexContent>
        <xsd:extension base="ExchangeTraded"/>
      </xsd:complexContent>
    </xsd:complexType>

## ExchangeTraded

### Description:

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type UnderlyingAsset)

- A type describing the basic components of a security of index underlyer.

relatedExchangeId (zero or more occurrences; of the type ExchangeId)

- A short form unique identifier for a related exchange. If the element is not present then the exchange shall be the primary exchange on which listed futures and options on the underlying are listed. The term "Exchange" is assumed to have the meaning as defined in the ISDA 2002 Equity Derivatives Definitions.

optionsExchangeId (zero or more occurrences; of the type ExchangeId)

- A short form unique identifier for an exchange on which the reference option contract is listed. This is to address the case where the reference exchange for the future is different than the one for the option. The options Exchange is referenced on share options when Merger Elections are selected as Options Exchange Adjustment.

### Used by:

### Extension of:

- UnderlyingAsset

### Derived Types:

- Bond
- EquityAsset
- ExchangeTradedContract
- ExchangeTradedFund
- Future
- Index

### Schema Fragment:

    <xsd:complexType name="ExchangeTraded" abstract="true">
      <xsd:complexContent>
        <xsd:extension base="UnderlyingAsset">
          <xsd:sequence>
            <xsd:group ref="ExchangeIdentifier.model"/>
          </xsd:sequence>
        </xsd:extension>
      </xsd:complexContent>
    </xsd:complexType>

## ExchangeTradedContract

### Description:

A type an Exchange Traded Contract

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type ExchangeTraded)

multiplier (zero or one occurrence; of the type xsd:integer)

- Specifies the contract multiplier that can be associated with the number of units.

contractReference (zero or one occurrence; of the type xsd:string)

- Specifies the contract that can be referenced, besides the undelyer type.

expirationDate (zero or one occurrence; of the type AdjustableOrRelativeDate)

- The date when the contract expires.

### Used by:

- Variance/exchangeTradedContractNearest

### Extension of:

- ExchangeTraded

### Schema Fragment:

    <xsd:complexType name="ExchangeTradedContract">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          A type an Exchange Traded Contract
        </xsd:documentation>
      </xsd:annotation>
      <xsd:complexContent>
        <xsd:extension base="ExchangeTraded">
          <xsd:sequence>
            <xsd:element name="multiplier" type="xsd:integer" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the contract multiplier that can be associated
                  with the number of units.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="contractReference" type="xsd:string" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the contract that can be referenced, besides
                  the undelyer type.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="expirationDate" type="AdjustableOrRelativeDate" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  The date when the contract expires.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
          </xsd:sequence>
        </xsd:extension>
      </xsd:complexContent>
    </xsd:complexType>

## ExchangeTradedFund

### Description:

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type ExchangeTraded)

fundManager (zero or one occurrence; of the type xsd:string)

- Specifies the fund manager that is in charge of the fund.

### Used by:

### Extension of:

- ExchangeTraded

### Schema Fragment:

    <xsd:complexType name="ExchangeTradedFund">
      <xsd:complexContent>
        <xsd:extension base="ExchangeTraded">
          <xsd:sequence>
            <xsd:element name="fundManager" type="xsd:string" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the fund manager that is in charge of the fund.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
          </xsd:sequence>
        </xsd:extension>
      </xsd:complexContent>
    </xsd:complexType>

## Future

### Description:

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type ExchangeTraded)

multiplier (zero or one occurrence; of the type xsd:integer)

- Specifies the contract multiplier that can be associated with the number of units.

futureContractReference (zero or one occurrence; of the type xsd:string)

- Specifies the future contract that can be referenced, besides the equity or index reference defined as part of the UnderlyerAsset type.

maturity (zero or one occurrence; of the type xsd:date)

- The date when the future contract expires.

### Used by:

### Extension of:

- ExchangeTraded

### Schema Fragment:

    <xsd:complexType name="Future">
      <xsd:complexContent>
        <xsd:extension base="ExchangeTraded">
          <xsd:sequence>
            <xsd:element name="multiplier" type="xsd:integer" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the contract multiplier that can be associated
                  with the number of units.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="futureContractReference" type="xsd:string" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the future contract that can be referenced,
                  besides the equity or index reference defined as part of
                  the UnderlyerAsset type.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="maturity" type="xsd:date" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  The date when the future contract expires.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
          </xsd:sequence>
        </xsd:extension>
      </xsd:complexContent>
    </xsd:complexType>

## FutureId

### Description:

A type defining a short form unique identifier for a future contract.

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type xsd:normalizedString)

Attribute: futureIdScheme (xsd:anyURI)

### Used by:

- Index/futureId

### Schema Fragment:

    <xsd:complexType name="FutureId">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          A type defining a short form unique identifier for a future
          contract.
        </xsd:documentation>
      </xsd:annotation>
      <xsd:simpleContent>
        <xsd:extension base="xsd:normalizedString">
          <xsd:attribute name="futureIdScheme" type="xsd:anyURI"/>
        </xsd:extension>
      </xsd:simpleContent>
    </xsd:complexType>

## FxConversion

### Description:

### Figure:

### Contents:

There can be one occurance of the following structure; Choice of either

amountRelativeTo (exactly one occurrence; of the type AmountReference)

Or

fxRate (one or more occurrences; of the type FxRate)

- Specifies a currency conversion rate.

### Used by:

- Price/fxConversion

### Schema Fragment:

    <xsd:complexType name="FxConversion">
      <xsd:choice>
        <xsd:element name="amountRelativeTo" type="AmountReference"/>
        <xsd:element name="fxRate" type="FxRate" maxOccurs="unbounded">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies a currency conversion rate.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:choice>
    </xsd:complexType>

## FxRateAsset

### Description:

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type UnderlyingAsset)

- A type describing the basic components of a security of index underlyer.

quotedCurrencyPair (exactly one occurrence; of the type QuotedCurrencyPair)

- Defines the two currencies for an FX trade and the quotation relationship between the two currencies.

rateSource (zero or one occurrence; of the type FxSpotRateSource)

- Defines the source of the FX rate.

### Used by:

### Extension of:

- UnderlyingAsset

### Schema Fragment:

    <xsd:complexType name="FxRateAsset">
      <xsd:complexContent>
        <xsd:extension base="UnderlyingAsset">
          <xsd:sequence>
            <xsd:element name="quotedCurrencyPair" type="QuotedCurrencyPair">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Defines the two currencies for an FX trade and the
                  quotation relationship between the two currencies.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="rateSource" type="FxSpotRateSource" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Defines the source of the FX rate.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
          </xsd:sequence>
        </xsd:extension>
      </xsd:complexContent>
    </xsd:complexType>

## Index

### Description:

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type ExchangeTraded)

futureId (zero or one occurrence; of the type FutureId)

- A short form unique identifier for the reference future contract in the case of an index underlyer.

### Used by:

### Extension of:

- ExchangeTraded

### Schema Fragment:

    <xsd:complexType name="Index">
      <xsd:complexContent>
        <xsd:extension base="ExchangeTraded">
          <xsd:sequence>
            <xsd:element name="futureId" type="FutureId" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  A short form unique identifier for the reference future
                  contract in the case of an index underlyer.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
          </xsd:sequence>
        </xsd:extension>
      </xsd:complexContent>
    </xsd:complexType>

## MutualFund

### Description:

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type UnderlyingAsset)

- A type describing the basic components of a security of index underlyer.

openEndedFund (zero or one occurrence; of the type xsd:boolean)

- Boolean indicator to specify whether the mutual fund is an open-ended mutual fund.

fundManager (zero or one occurrence; of the type xsd:string)

- Specifies the fund manager that is in charge of the fund.

### Used by:

### Extension of:

- UnderlyingAsset

### Schema Fragment:

    <xsd:complexType name="MutualFund">
      <xsd:complexContent>
        <xsd:extension base="UnderlyingAsset">
          <xsd:sequence>
            <xsd:element name="openEndedFund" type="xsd:boolean" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Boolean indicator to specify whether the mutual fund is
                  an open-ended mutual fund.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="fundManager" type="xsd:string" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the fund manager that is in charge of the fund.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
          </xsd:sequence>
        </xsd:extension>
      </xsd:complexContent>
    </xsd:complexType>

## PendingPayment

### Description:

### Figure:

### Contents:

paymentDate (exactly one occurrence; of the type xsd:date)

- The date that the dividend or coupon is due.

amount (exactly one occurrence; of the type Money)

- The amount of the dividend or coupon payment. Value of dividends or coupon between ex and pay date. Stock: if we are between ex-date and pay-date and the dividend is payable under the swap, then this should be the ex-div amount * # of securities. Bond: regardless of where we are vis-a-vis resets: (coupon % * face of bonds on swap * (bond day count fraction using days last coupon pay date of the bond through today).

accruedInterest (zero or one occurrence; of the type Money)

- Accrued interest on the dividend or coupon payment. When the TRS is structured to pay a dividend or coupon on reset after payable date, you may earn interest on these amounts. This field indicates the interest accrued on dividend/coupon from pay date to statement date. This will only apply to a handful of agreements where dividendss are held to the next reset AND you receive/pay interest on unpaid amounts.

### Used by:

- BasketConstituent/couponPayment
- DividendPayout/dividendPayment
- SingleUnderlyer/couponPayment

### Schema Fragment:

    <xsd:complexType name="PendingPayment">
      <xsd:annotation>
        <xsd:documentation>
          A structure representing a pending dividend or coupon payment.
        </xsd:documentation>
      </xsd:annotation>
      <xsd:sequence>
        <xsd:element name="paymentDate" type="xsd:date">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              The date that the dividend or coupon is due.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="amount" type="Money">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              The amount of the dividend or coupon payment. Value of
              dividends or coupon between ex and pay date. Stock: if we are
              between ex-date and pay-date and the dividend is payable
              under the swap, then this should be the ex-div amount * # of
              securities. Bond: regardless of where we are vis-a-vis
              resets: (coupon % * face of bonds on swap * (bond day count
              fraction using days last coupon pay date of the bond through
              today).
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="accruedInterest" type="Money" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Accrued interest on the dividend or coupon payment. When the
              TRS is structured to pay a dividend or coupon on reset after
              payable date, you may earn interest on these amounts. This
              field indicates the interest accrued on dividend/coupon from
              pay date to statement date. This will only apply to a handful
              of agreements where dividendss are held to the next reset AND
              you receive/pay interest on unpaid amounts.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
    </xsd:complexType>

## Price

### Description:

A type describing the strike price.

### Figure:

### Contents:

commission (zero or one occurrence; of the type Commission)

- This optional component specifies the commission to be charged for executing the hedge transactions.

There can be one occurance of the following structure; Choice of either

determinationMethod (exactly one occurrence; of the type DeterminationMethod)

- Specifies the method according to which an amount or a date is determined.

Or

amountRelativeTo (exactly one occurrence; of the type AmountReference)

- The href attribute value will be a pointer style reference to the element or component elsewhere in the document where the anchor amount is defined.

cleanNetPrice (zero or one occurrence; of the type xsd:decimal)

- The net price excluding accrued interest. The "Dirty Price" for bonds is put in the "netPrice" element, which includes accrued interest. Thus netPrice - cleanNetPrice = accruedInterest. The currency and price expression for this field are the same as those for the (dirty) netPrice.

quotationCharacteristics (zero or one occurrence; of the type QuotationCharacteristics)

### Used by:

- BasketConstituent/underlyerPrice

### Derived Types:

- DeprecatedEquityLegValuationPrice
- ReturnLegValuationPrice

### Schema Fragment:

    <xsd:complexType name="Price">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          A type describing the strike price.
        </xsd:documentation>
      </xsd:annotation>
      <xsd:sequence>
        <xsd:element name="commission" type="Commission" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              This optional component specifies the commission to be
              charged for executing the hedge transactions.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:choice>
          <xsd:element name="determinationMethod" type="DeterminationMethod">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the method according to which an amount or a date
                is determined.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="amountRelativeTo" type="AmountReference">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The href attribute value will be a pointer style reference
                to the element or component elsewhere in the document where
                the anchor amount is defined.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:sequence>
            <xsd:element name="grossPrice" type="ActualPrice" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the price of the underlyer, before commissions.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="netPrice" type="ActualPrice">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the price of the underlyer, net of commissions.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="accruedInterestPrice" type="xsd:decimal" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the accrued interest that are part of the dirty
                  price in the case of a fixed income security or a
                  convertible bond. Expressed in percentage of the
                  notional.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="fxConversion" type="FxConversion" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the currency conversion rate that applies to an
                  amount. This rate can either be defined elsewhere in the
                  document (case of a quanto swap), or explicitly described
                  through this component.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
          </xsd:sequence>
        </xsd:choice>
        <xsd:element name="cleanNetPrice" type="xsd:decimal" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              The net price excluding accrued interest. The "Dirty Price"
              for bonds is put in the "netPrice" element, which includes
              accrued interest. Thus netPrice - cleanNetPrice =
              accruedInterest. The currency and price expression for this
              field are the same as those for the (dirty) netPrice.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="quotationCharacteristics" type="QuotationCharacteristics" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation>
              Allows information about how the price was quoted to be
              provided.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
    </xsd:complexType>

## RateIndex

### Description:

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type UnderlyingAsset)

- A type describing the basic components of a security of index underlyer.

floatingRateIndex (exactly one occurrence; of the type FloatingRateIndex)

term (exactly one occurrence; of the type Interval)

- Specifies the term of the simple swap, e.g. 5Y.

paymentFrequency (zero or one occurrence; of the type Interval)

- Specifies the frequency at which the index pays, e.g. 6M.

dayCountFraction (zero or one occurrence; of the type DayCountFraction)

- The day count basis for the index.

### Used by:

### Extension of:

- UnderlyingAsset

### Schema Fragment:

    <xsd:complexType name="RateIndex">
      <xsd:complexContent>
        <xsd:extension base="UnderlyingAsset">
          <xsd:sequence>
            <xsd:element name="floatingRateIndex" type="FloatingRateIndex"/>
            <xsd:element name="term" type="Interval">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the term of the simple swap, e.g. 5Y.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="paymentFrequency" type="Interval" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the frequency at which the index pays, e.g. 6M.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="dayCountFraction" type="DayCountFraction" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  The day count basis for the index.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
          </xsd:sequence>
        </xsd:extension>
      </xsd:complexContent>
    </xsd:complexType>

## SimpleCreditDefaultSwap

### Description:

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type UnderlyingAsset)

- A type describing the basic components of a security of index underlyer.

There can be one occurance of the following structure; Choice of either

referenceEntity (exactly one occurrence; of the type LegalEntity)

- The entity for which this is defined.

Or

creditEntityReference (exactly one occurrence; of the type LegalEntityReference)

- An XML reference a credit entity defined elsewhere in the document.

term (exactly one occurrence; of the type Interval)

- Specifies the term of the simple CD swap, e.g. 5Y.

paymentFrequency (zero or one occurrence; of the type Interval)

- Specifies the frequency at which the swap pays, e.g. 6M.

### Used by:

### Extension of:

- UnderlyingAsset

### Schema Fragment:

    <xsd:complexType name="SimpleCreditDefaultSwap">
      <xsd:complexContent>
        <xsd:extension base="UnderlyingAsset">
          <xsd:sequence>
            <xsd:group ref="CreditEntity.model">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  The reference entity, index, etc. upon which the CDS is
                  based.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:group>
            <xsd:element name="term" type="Interval">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the term of the simple CD swap, e.g. 5Y.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="paymentFrequency" type="Interval" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the frequency at which the swap pays, e.g. 6M.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
          </xsd:sequence>
        </xsd:extension>
      </xsd:complexContent>
    </xsd:complexType>

## SimpleFra

### Description:

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type UnderlyingAsset)

- A type describing the basic components of a security of index underlyer.

startTerm (exactly one occurrence; of the type Interval)

- Specifies the start term of the simple fra, e.g. 3M.

endTerm (exactly one occurrence; of the type Interval)

- Specifies the end term of the simple fra, e.g. 9M.

dayCountFraction (zero or one occurrence; of the type DayCountFraction)

- The day count basis for the FRA.

### Used by:

### Extension of:

- UnderlyingAsset

### Schema Fragment:

    <xsd:complexType name="SimpleFra">
      <xsd:complexContent>
        <xsd:extension base="UnderlyingAsset">
          <xsd:sequence>
            <xsd:element name="startTerm" type="Interval">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the start term of the simple fra, e.g. 3M.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="endTerm" type="Interval">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the end term of the simple fra, e.g. 9M.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="dayCountFraction" type="DayCountFraction" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  The day count basis for the FRA.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
          </xsd:sequence>
        </xsd:extension>
      </xsd:complexContent>
    </xsd:complexType>

## SimpleIRSwap

### Description:

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type UnderlyingAsset)

- A type describing the basic components of a security of index underlyer.

term (exactly one occurrence; of the type Interval)

- Specifies the term of the simple swap, e.g. 5Y.

paymentFrequency (zero or one occurrence; of the type Interval)

- Specifies the frequency at which the swap pays, e.g. 6M.

dayCountFraction (zero or one occurrence; of the type DayCountFraction)

- The day count basis for the swap.

### Used by:

### Extension of:

- UnderlyingAsset

### Schema Fragment:

    <xsd:complexType name="SimpleIRSwap">
      <xsd:complexContent>
        <xsd:extension base="UnderlyingAsset">
          <xsd:sequence>
            <xsd:element name="term" type="Interval">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the term of the simple swap, e.g. 5Y.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="paymentFrequency" type="Interval" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the frequency at which the swap pays, e.g. 6M.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="dayCountFraction" type="DayCountFraction" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  The day count basis for the swap.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
          </xsd:sequence>
        </xsd:extension>
      </xsd:complexContent>
    </xsd:complexType>

## SingleUnderlyer

### Description:

A type describing the single underlyer of a swap.

### Figure:

### Contents:

underlyingAsset (exactly one occurrence; of the type Asset)

- Define the underlying asset when it is a listed security.

openUnits (zero or one occurrence; of the type xsd:decimal)

- The number of units (index or securities) that constitute the underlyer of the swap. In the case of a basket swap, this element is used to reference both the number of basket units, and the number of each asset components of the basket when these are expressed in absolute terms.

dividendPayout (zero or one occurrence; of the type DividendPayout)

- Specifies the dividend payout ratio associated with an equity underlyer. A basket swap can have different payout ratios across the various underlying constituents. In certain cases the actual ratio is not known on trade inception, and only general conditions are then specified.

couponPayment (zero or one occurrence; of the type PendingPayment)

- The next upcoming coupon payment.

### Used by:

- Underlyer/singleUnderlyer

### Schema Fragment:

    <xsd:complexType name="SingleUnderlyer">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          A type describing the single underlyer of a swap.
        </xsd:documentation>
      </xsd:annotation>
      <xsd:sequence>
        <xsd:element ref="underlyingAsset"/>
        <xsd:element name="openUnits" type="xsd:decimal" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              The number of units (index or securities) that constitute the
              underlyer of the swap. In the case of a basket swap, this
              element is used to reference both the number of basket units,
              and the number of each asset components of the basket when
              these are expressed in absolute terms.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="dividendPayout" type="DividendPayout" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Specifies the dividend payout ratio associated with an equity
              underlyer. A basket swap can have different payout ratios
              across the various underlying constituents. In certain cases
              the actual ratio is not known on trade inception, and only
              general conditions are then specified.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="couponPayment" type="PendingPayment" minOccurs="0">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              The next upcoming coupon payment.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
    </xsd:complexType>

## Underlyer

### Description:

A type describing the whole set of possible underlyers: single underlyers or multiple underlyers, each of these having either security or index components.

### Figure:

### Contents:

There can be one occurance of the following structure; Choice of either

singleUnderlyer (exactly one occurrence; of the type SingleUnderlyer)

- Describes the swap's underlyer when it has only one asset component.

Or

basket (exactly one occurrence; of the type Basket)

- Describes the swap's underlyer when it has multiple asset components.

### Used by:

- DeprecatedEquityLeg/underlyer
- EquityDerivativeBase/underlyer
- ReturnLeg/underlyer
- VarianceLeg/underlyer

### Schema Fragment:

    <xsd:complexType name="Underlyer">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          A type describing the whole set of possible underlyers: single
          underlyers or multiple underlyers, each of these having either
          security or index components.
        </xsd:documentation>
      </xsd:annotation>
      <xsd:choice>
        <xsd:element name="singleUnderlyer" type="SingleUnderlyer">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Describes the swap's underlyer when it has only one asset
              component.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="basket" type="Basket">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Describes the swap's underlyer when it has multiple asset
              components.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:choice>
    </xsd:complexType>

## UnderlyingAsset

### Description:

A type describing the basic components of a security of index underlyer.

### Figure:

### Contents:

Inherited element(s): (This definition inherits the content defined by the type Asset)

- A generic type describing the basic components of an asset.

currency (zero or one occurrence; of the type Currency)

- The currency in which an amount is denominated.

exchangeId (zero or one occurrence; of the type ExchangeId)

clearanceSystem (zero or one occurrence; of the type ClearanceSystem)

definition (zero or one occurrence; of the type ProductReference)

- An optional reference to a full FpML product that defines the simple product in greater detail. In case of inconsistency between the terms of the simple product and those of the detailed definition, the values in the simple product override those in the detailed definition.

### Used by:

### Extension of:

- Asset

### Derived Types:

- Deposit
- ExchangeTraded
- FxRateAsset
- MutualFund
- RateIndex
- SimpleCreditDefaultSwap
- SimpleFra
- SimpleIRSwap

### Schema Fragment:

    <xsd:complexType name="UnderlyingAsset" abstract="true">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          A type describing the basic components of a security of index
          underlyer.
        </xsd:documentation>
      </xsd:annotation>
      <xsd:complexContent>
        <xsd:extension base="Asset">
          <xsd:sequence>
            <xsd:element name="currency" type="Currency" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  The currency in which an amount is denominated.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="exchangeId" type="ExchangeId" minOccurs="0"/>
            <xsd:element name="clearanceSystem" type="ClearanceSystem" minOccurs="0"/>
            <xsd:element name="definition" type="ProductReference" minOccurs="0">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  An optional reference to a full FpML product that defines
                  the simple product in greater detail. In case of
                  inconsistency between the terms of the simple product and
                  those of the detailed definition, the values in the
                  simple product override those in the detailed definition.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
          </xsd:sequence>
        </xsd:extension>
      </xsd:complexContent>
    </xsd:complexType>

# Global Elements

## bond

### Description:

Defines the underlying asset when it is a bond.

### Figure:

### Contents:

Element bond is defined by the complex type Bond

### Used by:

- BondReference
- ReferenceObligation

### Schema Fragment:

    <xsd:element name="bond" type="Bond" substitutionGroup="underlyingAsset">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Defines the underlying asset when it is a bond.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>

## cash

### Description:

Defines a simple underlying asset type that is a cash payment. Used for specifying discounting factors for future cash flows in the pricing and risk model.

### Figure:

### Contents:

Element cash is defined by the complex type Cash

### Used by:

### Schema Fragment:

    <xsd:element name="cash" type="Cash" substitutionGroup="underlyingAsset">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Defines a simple underlying asset type that is a cash payment.
          Used for specifying discounting factors for future cash flows in
          the pricing and risk model.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>

## convertibleBond

### Description:

Defines the underlying asset when it is a convertible bond.

### Figure:

### Contents:

Element convertibleBond is defined by the complex type ConvertibleBond

### Used by:

- ReferenceObligation

### Schema Fragment:

    <xsd:element name="convertibleBond" type="ConvertibleBond" substitutionGroup="underlyingAsset">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Defines the underlying asset when it is a convertible bond.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>

## deposit

### Description:

Defines a simple underlying asset that is a term deposit.

### Figure:

### Contents:

Element deposit is defined by the complex type Deposit

### Used by:

### Schema Fragment:

    <xsd:element name="deposit" type="Deposit" substitutionGroup="underlyingAsset">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Defines a simple underlying asset that is a term deposit.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>

## equity

### Description:

Defines the underlying asset when it is a listed equity.

### Figure:

### Contents:

Element equity is defined by the complex type EquityAsset

### Used by:

### Schema Fragment:

    <xsd:element name="equity" type="EquityAsset" substitutionGroup="underlyingAsset">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Defines the underlying asset when it is a listed equity.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>

## exchangeTradedFund

### Description:

Defines the underlying asset when it is an exchange-traded fund.

### Figure:

### Contents:

Element exchangeTradedFund is defined by the complex type ExchangeTradedFund

### Used by:

### Schema Fragment:

    <xsd:element name="exchangeTradedFund" type="ExchangeTradedFund" substitutionGroup="underlyingAsset">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Defines the underlying asset when it is an exchange-traded fund.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>

## future

### Description:

Defines the underlying asset when it is a listed future contract.

### Figure:

### Contents:

Element future is defined by the complex type Future

### Used by:

### Schema Fragment:

    <xsd:element name="future" type="Future" substitutionGroup="underlyingAsset">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Defines the underlying asset when it is a listed future contract.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>

## fxRate

### Description:

Defines a simple underlying asset type that is an FX rate. Used for specifying FX rates in the pricing and risk model.

### Figure:

### Contents:

Element fxRate is defined by the complex type FxRateAsset

### Used by:

### Schema Fragment:

    <xsd:element name="fxRate" type="FxRateAsset" substitutionGroup="underlyingAsset">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Defines a simple underlying asset type that is an FX rate. Used
          for specifying FX rates in the pricing and risk model.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>

## index

### Description:

Defines the underlying asset when it is a financial index.

### Figure:

### Contents:

Element index is defined by the complex type Index

### Used by:

### Schema Fragment:

    <xsd:element name="index" type="Index" substitutionGroup="underlyingAsset">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Defines the underlying asset when it is a financial index.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>

## mutualFund

### Description:

Defines the underlying asset when it is a mutual fund.

### Figure:

### Contents:

Element mutualFund is defined by the complex type MutualFund

### Used by:

### Schema Fragment:

    <xsd:element name="mutualFund" type="MutualFund" substitutionGroup="underlyingAsset">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Defines the underlying asset when it is a mutual fund.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>

## rateIndex

### Description:

Defines a simple underlying asset that is an interest rate index. Used for specifying benchmark assets in the market environment in the pricing and risk model.

### Figure:

### Contents:

Element rateIndex is defined by the complex type RateIndex

### Used by:

### Schema Fragment:

    <xsd:element name="rateIndex" type="RateIndex" substitutionGroup="underlyingAsset">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Defines a simple underlying asset that is an interest rate index.
          Used for specifying benchmark assets in the market environment in
          the pricing and risk model.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>

## simpleCreditDefaultSwap

### Description:

Defines a simple underlying asset that is a credit default swap.

### Figure:

### Contents:

Element simpleCreditDefaultSwap is defined by the complex type SimpleCreditDefaultSwap

### Used by:

### Schema Fragment:

    <xsd:element name="simpleCreditDefaultSwap" type="SimpleCreditDefaultSwap" substitutionGroup="underlyingAsset">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Defines a simple underlying asset that is a credit default swap.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>

## simpleFra

### Description:

Defines a simple underlying asset that is a forward rate agreement.

### Figure:

### Contents:

Element simpleFra is defined by the complex type SimpleFra

### Used by:

### Schema Fragment:

    <xsd:element name="simpleFra" type="SimpleFra" substitutionGroup="underlyingAsset">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Defines a simple underlying asset that is a forward rate
          agreement.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>

## simpleIrSwap

### Description:

Defines a simple underlying asset that is a swap.

### Figure:

### Contents:

Element simpleIrSwap is defined by the complex type SimpleIRSwap

### Used by:

### Schema Fragment:

    <xsd:element name="simpleIrSwap" type="SimpleIRSwap" substitutionGroup="underlyingAsset">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Defines a simple underlying asset that is a swap.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>

## underlyingAsset

### Description:

Define the underlying asset when it is a listed security.

### Figure:

### Contents:

Element underlyingAsset is defined by the complex type Asset

### Used by:

- BasketConstituent
- CashflowObservation
- InstrumentSet
- SingleUnderlyer
- TradeUnderlyer

### Substituted by:

- bond
- cash
- convertibleBond
- deposit
- equity
- exchangeTradedFund
- future
- fxRate
- index
- mutualFund
- rateIndex
- simpleCreditDefaultSwap
- simpleFra
- simpleIrSwap

### Schema Fragment:

    <xsd:element name="underlyingAsset" type="Asset" abstract="true">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Define the underlying asset when it is a listed security.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>

# Groups

## BasketIdentifier.model

### Description:

A group that specifies a name and an identifier for a given basket.

### Figure:

### Contents:

There can be one occurance of the following structure;

### Used by:

- Basket
- BasketReferenceInformation

### Schema Fragment:

    <xsd:group name="BasketIdentifier.model">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          A group that specifies a name and an identifier for a given
          basket.
        </xsd:documentation>
      </xsd:annotation>
      <xsd:choice>
        <xsd:sequence>
          <xsd:element name="basketName" type="BasketName">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The name of the basket expressed as a free format string.
                FpML does not define usage rules for this element.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="basketId" type="BasketId" minOccurs="0" maxOccurs="unbounded">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                A CDS basket identifier
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
        <xsd:sequence>
          <xsd:element name="basketId" type="BasketId" maxOccurs="unbounded">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                A CDS basket identifier
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
      </xsd:choice>
    </xsd:group>

## CreditEntity.model

### Description:

An item which has credit characteristics that can be modeled, e.g. a firm, index, or region

### Figure:

### Contents:

There can be one occurance of the following structure; Choice of either

referenceEntity (exactly one occurrence; of the type LegalEntity)

- The entity for which this is defined.

Or

creditEntityReference (exactly one occurrence; of the type LegalEntityReference)

- An XML reference a credit entity defined elsewhere in the document.

### Used by:

- SimpleCreditDefaultSwap

### Schema Fragment:

    <xsd:group name="CreditEntity.model">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          An item which has credit characteristics that can be modeled,
          e.g. a firm, index, or region
        </xsd:documentation>
      </xsd:annotation>
      <xsd:choice>
        <xsd:element name="referenceEntity" type="LegalEntity">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              The entity for which this is defined.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="creditEntityReference" type="LegalEntityReference">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              An XML reference a credit entity defined elsewhere in the
              document.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:choice>
    </xsd:group>

## ExchangeIdentifier.model

### Description:

### Figure:

### Contents:

relatedExchangeId (zero or more occurrences; of the type ExchangeId)

- A short form unique identifier for a related exchange. If the element is not present then the exchange shall be the primary exchange on which listed futures and options on the underlying are listed. The term "Exchange" is assumed to have the meaning as defined in the ISDA 2002 Equity Derivatives Definitions.

optionsExchangeId (zero or more occurrences; of the type ExchangeId)

- A short form unique identifier for an exchange on which the reference option contract is listed. This is to address the case where the reference exchange for the future is different than the one for the option. The options Exchange is referenced on share options when Merger Elections are selected as Options Exchange Adjustment.

### Used by:

- ExchangeTraded

### Schema Fragment:

    <xsd:group name="ExchangeIdentifier.model">
      <xsd:sequence>
        <xsd:element name="relatedExchangeId" type="ExchangeId" minOccurs="0" maxOccurs="unbounded">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              A short form unique identifier for a related exchange. If the
              element is not present then the exchange shall be the primary
              exchange on which listed futures and options on the
              underlying are listed. The term "Exchange" is assumed to have
              the meaning as defined in the ISDA 2002 Equity Derivatives
              Definitions.
            </xsd:documentation>
            <xsd:documentation xml:lang="de">
              Eindeutiges Kürzel einer relevanten Börse. Fehlt dieses
              Element, gilt die Hauptbörse, an der börsengehandelte
              Futures- und Optionskontrakte auf den Basiswert notiert sind,
              als "Börse" im Sinne der ISDA-Definitionen zu Aktienderivaten
              von 2002.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="optionsExchangeId" type="ExchangeId" minOccurs="0" maxOccurs="unbounded">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              A short form unique identifier for an exchange on which the
              reference option contract is listed. This is to address the
              case where the reference exchange for the future is different
              than the one for the option. The options Exchange is
              referenced on share options when Merger Elections are
              selected as Options Exchange Adjustment.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
    </xsd:group>

# Full XML Schema

    <xsd:schema targetNamespace="http://www.fpml.org/2005/FpML-4-2" elementFormDefault="qualified" attributeFormDefault="unqualified" version="$Revision: 1478 $">
      <xsd:include schemaLocation="fpml-shared-4-2.xsd"/>
      <xsd:include schemaLocation="fpml-valuation-base-4-2.xsd"/>
      <xsd:complexType name="ActualPrice">
        <xsd:sequence>
          <xsd:element name="currency" type="Currency" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the currency associated with the net price. This
                element is not present if the price is expressed in
                percentage terms (as specified through the priceExpression
                element).
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="amount" type="xsd:decimal">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the net price amount. In the case of a fixed
                income security or a convertible bond, this price includes
                the accrued interests.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="priceExpression" type="PriceExpressionEnum">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies whether the price is expressed in absolute or
                relative terms.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
      </xsd:complexType>
      <xsd:complexType name="Asset" abstract="true">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            A generic type describing the basic components of an asset.
          </xsd:documentation>
        </xsd:annotation>
        <xsd:sequence>
          <xsd:element name="instrumentId" type="InstrumentId" maxOccurs="unbounded"/>
          <xsd:element name="description" type="xsd:string" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The long name of a security.
              </xsd:documentation>
              <xsd:documentation xml:lang="de">
                Vollständige Wertpapierbezeichnung.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
        <xsd:attribute name="id" type="xsd:ID"/>
      </xsd:complexType>
      <xsd:complexType name="Basket">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            A type describing the underlyer features of a basket swap. Each
            of the basket constituents are described through an embedded
            component, the basketConstituentsType.
          </xsd:documentation>
        </xsd:annotation>
        <xsd:sequence>
          <xsd:element name="openUnits" type="xsd:decimal" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The number of units (index or securities) that constitute
                the underlyer of the swap. In the case of a basket swap,
                this element is used to reference both the number of basket
                units, and the number of each asset components of the
                basket when these are expressed in absolute terms.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="basketConstituent" type="BasketConstituent" maxOccurs="unbounded">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Describes each of the components of the basket.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="basketDivisor" type="xsd:decimal" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the basket divisor amount. This value is normally
                used to adjust the constituent weight for pricing or to
                adjust for dividends, or other corporate actions.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:group ref="BasketIdentifier.model" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Reuses the group that specifies a name and an identifier
                for a given basket.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:group>
          <xsd:element name="basketCurrency" type="Currency" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the currency for this basket.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
        <xsd:attribute name="id" type="xsd:ID" use="optional"/>
      </xsd:complexType>
      <xsd:complexType name="BasketConstituent">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            A type describing each of the constituents of a basket swap.
          </xsd:documentation>
        </xsd:annotation>
        <xsd:sequence>
          <xsd:element ref="underlyingAsset"/>
          <xsd:element name="constituentWeight" type="ConstituentWeight" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the weight of each of the underlyer constituent
                within the basket, either in absolute or relative terms.
                This is an optional component, as certain swaps do not
                specify a specific weight for each of their basket
                constituents.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="dividendPayout" type="DividendPayout" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the dividend payout ratio associated with an
                equity underlyer. A basket swap can have different payout
                ratios across the various underlying constituents. In
                certain cases the actual ratio is not known on trade
                inception, and only general conditions are then specified.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="underlyerPrice" type="Price" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the price that is associated with each of the
                basket constituents. This component is optional, as it is
                not absolutely required to accurately describe the
                economics of the trade, considering the price that
                characterizes the equity swap is associated to the leg of
                the trade.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="underlyerNotional" type="Money" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the notional (i.e. price * quantity) that is
                associated with each of the basket constituents. This
                component is optional, as it is not absolutely required to
                accurately describe the economics of the trade, considering
                the notional that characterizes the equity swap is
                associated to the leg of the trade.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="underlyerSpread" type="SpreadScheduleReference" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Provides a link to the spread schedule used for this
                underlyer.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="couponPayment" type="PendingPayment" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The next upcoming coupon payment.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
        <xsd:attribute name="id" type="xsd:ID" use="optional"/>
      </xsd:complexType>
      <xsd:complexType name="BasketId">
        <xsd:simpleContent>
          <xsd:extension base="xsd:normalizedString">
            <xsd:attribute name="basketIdScheme" type="xsd:anyURI"/>
          </xsd:extension>
        </xsd:simpleContent>
      </xsd:complexType>
      <xsd:complexType name="BasketName">
        <xsd:simpleContent>
          <xsd:extension base="xsd:normalizedString">
            <xsd:attribute name="basketNameScheme" type="xsd:anyURI"/>
          </xsd:extension>
        </xsd:simpleContent>
      </xsd:complexType>
      <xsd:complexType name="Bond">
        <xsd:complexContent>
          <xsd:extension base="ExchangeTraded">
            <xsd:sequence>
              <xsd:element name="issuerName" type="xsd:string" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the issuer name of a fixed income security or
                    convertible bond.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="seniority" type="CreditSeniority" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    The repayment precedence of a debt instrument.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="couponType" type="CouponType" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies if the bond has a variable coupon,
                    step-up/down coupon or a zero-coupon.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="couponRate" type="xsd:decimal" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the coupon rate (expressed in percentage) of
                    a fixed income security or convertible bond.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="maturity" type="xsd:date" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    The date when the principal amount of a security
                    becomes due and payable.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="parValue" type="xsd:decimal" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the nominal amount of a fixed income security
                    or convertible bond.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="faceAmount" type="xsd:decimal" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the total amount of the issue. Corresponds to
                    the par value multiplied by the number of issued
                    security.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="paymentFrequency" type="Interval" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the frequency at which the bond pays, e.g.
                    6M.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="dayCountFraction" type="DayCountFraction" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    The day count basis for the bond.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
            </xsd:sequence>
          </xsd:extension>
        </xsd:complexContent>
      </xsd:complexType>
      <xsd:complexType name="Cash">
        <xsd:complexContent>
          <xsd:extension base="Asset">
            <xsd:sequence>
              <xsd:element name="currency" type="Currency">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    The currency in which an amount is denominated.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
            </xsd:sequence>
          </xsd:extension>
        </xsd:complexContent>
      </xsd:complexType>
      <xsd:complexType name="Commission">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            A type describing the commission that will be charged for each
            of the hedge transactions.
          </xsd:documentation>
        </xsd:annotation>
        <xsd:sequence>
          <xsd:element name="commissionDenomination" type="CommissionDenominationEnum">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The type of units used to express a commission.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="commissionAmount" type="xsd:decimal">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The commission amount, expressed in the way indicated by
                the commissionType element.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="currency" type="Currency" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The currency in which an amount is denominated.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="commissionPerTrade" type="xsd:decimal" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The total commission per trade.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="fxRate" type="FxRate" minOccurs="0" maxOccurs="unbounded">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                FX Rates that have been used to convert commissions to a
                single currency.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
      </xsd:complexType>
      <xsd:complexType name="ConstituentWeight">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            A type describing the weight of each of the underlyer
            constituent within the basket, either in absolute or relative
            terms.
          </xsd:documentation>
        </xsd:annotation>
        <xsd:choice>
          <xsd:element name="openUnits" type="xsd:decimal">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The number of units (index or securities) that constitute
                the underlyer of the swap. In the case of a basket swap,
                this element is used to reference both the number of basket
                units, and the number of each asset components of the
                basket when these are expressed in absolute terms.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="basketPercentage" type="RestrictedPercentage">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The relative weight of each respective basket constituent,
                expressed in percentage. A basket percentage of 5% would be
                represented as 0.05.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="basketAmount" type="Money">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The relative weight of each respective basket constituent,
                expressed as a monetary amount.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:choice>
      </xsd:complexType>
      <xsd:complexType name="ConvertibleBond">
        <xsd:complexContent>
          <xsd:extension base="Bond">
            <xsd:sequence>
              <xsd:element name="underlyingEquity" type="EquityAsset">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the equity in which the convertible bond can
                    be converted.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
            </xsd:sequence>
          </xsd:extension>
        </xsd:complexContent>
      </xsd:complexType>
      <xsd:complexType name="CouponType">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Defines a scheme of values for specifiying if the bond has a
            variable coupon, step-up/down coupon or a zero-coupon.
          </xsd:documentation>
        </xsd:annotation>
        <xsd:simpleContent>
          <xsd:extension base="xsd:normalizedString">
            <xsd:attribute name="couponTypeScheme" type="xsd:anyURI" default="http://www.fpml.org/coding-scheme/coupon-type-1-0"/>
          </xsd:extension>
        </xsd:simpleContent>
      </xsd:complexType>
      <xsd:complexType name="Deposit">
        <xsd:complexContent>
          <xsd:extension base="UnderlyingAsset">
            <xsd:sequence>
              <xsd:element name="term" type="Interval">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the term of the deposit, e.g. 5Y.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="paymentFrequency" type="Interval" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the frequency at which the deposit pays, e.g.
                    6M.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="dayCountFraction" type="DayCountFraction" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    The day count basis for the deposit.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
            </xsd:sequence>
          </xsd:extension>
        </xsd:complexContent>
      </xsd:complexType>
      <xsd:complexType name="DividendPayout">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            A type describing the dividend payout ratio associated with an
            equity underlyer. In certain cases the actual ratio is not
            known on trade inception, and only general conditions are then
            specified.
          </xsd:documentation>
        </xsd:annotation>
        <xsd:sequence>
          <xsd:choice>
            <xsd:element name="dividendPayoutRatio" type="xsd:decimal">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the actual dividend payout ratio associated
                  with the equity underlyer.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="dividendPayoutConditions" type="xsd:string">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the dividend payout conditions that will be
                  applied in the case where the actual ratio is not known,
                  typically because of regulatory or legal uncertainties.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
          </xsd:choice>
          <xsd:element name="dividendPayment" type="PendingPayment" minOccurs="0" maxOccurs="unbounded">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The next upcoming dividend payment or payments.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
      </xsd:complexType>
      <xsd:complexType name="EquityAsset">
        <xsd:complexContent>
          <xsd:extension base="ExchangeTraded"/>
        </xsd:complexContent>
      </xsd:complexType>
      <xsd:complexType name="ExchangeTraded" abstract="true">
        <xsd:complexContent>
          <xsd:extension base="UnderlyingAsset">
            <xsd:sequence>
              <xsd:group ref="ExchangeIdentifier.model"/>
            </xsd:sequence>
          </xsd:extension>
        </xsd:complexContent>
      </xsd:complexType>
      <xsd:complexType name="ExchangeTradedContract">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            A type an Exchange Traded Contract
          </xsd:documentation>
        </xsd:annotation>
        <xsd:complexContent>
          <xsd:extension base="ExchangeTraded">
            <xsd:sequence>
              <xsd:element name="multiplier" type="xsd:integer" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the contract multiplier that can be
                    associated with the number of units.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="contractReference" type="xsd:string" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the contract that can be referenced, besides
                    the undelyer type.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="expirationDate" type="AdjustableOrRelativeDate" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    The date when the contract expires.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
            </xsd:sequence>
          </xsd:extension>
        </xsd:complexContent>
      </xsd:complexType>
      <xsd:complexType name="ExchangeTradedFund">
        <xsd:complexContent>
          <xsd:extension base="ExchangeTraded">
            <xsd:sequence>
              <xsd:element name="fundManager" type="xsd:string" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the fund manager that is in charge of the
                    fund.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
            </xsd:sequence>
          </xsd:extension>
        </xsd:complexContent>
      </xsd:complexType>
      <xsd:complexType name="Future">
        <xsd:complexContent>
          <xsd:extension base="ExchangeTraded">
            <xsd:sequence>
              <xsd:element name="multiplier" type="xsd:integer" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the contract multiplier that can be
                    associated with the number of units.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="futureContractReference" type="xsd:string" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the future contract that can be referenced,
                    besides the equity or index reference defined as part
                    of the UnderlyerAsset type.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="maturity" type="xsd:date" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    The date when the future contract expires.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
            </xsd:sequence>
          </xsd:extension>
        </xsd:complexContent>
      </xsd:complexType>
      <xsd:complexType name="FutureId">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            A type defining a short form unique identifier for a future
            contract.
          </xsd:documentation>
        </xsd:annotation>
        <xsd:simpleContent>
          <xsd:extension base="xsd:normalizedString">
            <xsd:attribute name="futureIdScheme" type="xsd:anyURI"/>
          </xsd:extension>
        </xsd:simpleContent>
      </xsd:complexType>
      <xsd:complexType name="FxConversion">
        <xsd:choice>
          <xsd:element name="amountRelativeTo" type="AmountReference"/>
          <xsd:element name="fxRate" type="FxRate" maxOccurs="unbounded">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies a currency conversion rate.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:choice>
      </xsd:complexType>
      <xsd:complexType name="FxRateAsset">
        <xsd:complexContent>
          <xsd:extension base="UnderlyingAsset">
            <xsd:sequence>
              <xsd:element name="quotedCurrencyPair" type="QuotedCurrencyPair">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Defines the two currencies for an FX trade and the
                    quotation relationship between the two currencies.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="rateSource" type="FxSpotRateSource" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Defines the source of the FX rate.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
            </xsd:sequence>
          </xsd:extension>
        </xsd:complexContent>
      </xsd:complexType>
      <xsd:complexType name="Index">
        <xsd:complexContent>
          <xsd:extension base="ExchangeTraded">
            <xsd:sequence>
              <xsd:element name="futureId" type="FutureId" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    A short form unique identifier for the reference future
                    contract in the case of an index underlyer.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
            </xsd:sequence>
          </xsd:extension>
        </xsd:complexContent>
      </xsd:complexType>
      <xsd:complexType name="MutualFund">
        <xsd:complexContent>
          <xsd:extension base="UnderlyingAsset">
            <xsd:sequence>
              <xsd:element name="openEndedFund" type="xsd:boolean" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Boolean indicator to specify whether the mutual fund is
                    an open-ended mutual fund.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="fundManager" type="xsd:string" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the fund manager that is in charge of the
                    fund.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
            </xsd:sequence>
          </xsd:extension>
        </xsd:complexContent>
      </xsd:complexType>
      <xsd:complexType name="PendingPayment">
        <xsd:annotation>
          <xsd:documentation>
            A structure representing a pending dividend or coupon payment.
          </xsd:documentation>
        </xsd:annotation>
        <xsd:sequence>
          <xsd:element name="paymentDate" type="xsd:date">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The date that the dividend or coupon is due.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="amount" type="Money">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The amount of the dividend or coupon payment. Value of
                dividends or coupon between ex and pay date. Stock: if we
                are between ex-date and pay-date and the dividend is
                payable under the swap, then this should be the ex-div
                amount * # of securities. Bond: regardless of where we are
                vis-a-vis resets: (coupon % * face of bonds on swap * (bond
                day count fraction using days last coupon pay date of the
                bond through today).
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="accruedInterest" type="Money" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Accrued interest on the dividend or coupon payment. When
                the TRS is structured to pay a dividend or coupon on reset
                after payable date, you may earn interest on these amounts.
                This field indicates the interest accrued on
                dividend/coupon from pay date to statement date. This will
                only apply to a handful of agreements where dividendss are
                held to the next reset AND you receive/pay interest on
                unpaid amounts.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
      </xsd:complexType>
      <xsd:complexType name="Price">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            A type describing the strike price.
          </xsd:documentation>
        </xsd:annotation>
        <xsd:sequence>
          <xsd:element name="commission" type="Commission" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                This optional component specifies the commission to be
                charged for executing the hedge transactions.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:choice>
            <xsd:element name="determinationMethod" type="DeterminationMethod">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  Specifies the method according to which an amount or a
                  date is determined.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="amountRelativeTo" type="AmountReference">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  The href attribute value will be a pointer style
                  reference to the element or component elsewhere in the
                  document where the anchor amount is defined.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:sequence>
              <xsd:element name="grossPrice" type="ActualPrice" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the price of the underlyer, before
                    commissions.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="netPrice" type="ActualPrice">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the price of the underlyer, net of
                    commissions.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="accruedInterestPrice" type="xsd:decimal" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the accrued interest that are part of the
                    dirty price in the case of a fixed income security or a
                    convertible bond. Expressed in percentage of the
                    notional.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="fxConversion" type="FxConversion" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the currency conversion rate that applies to
                    an amount. This rate can either be defined elsewhere in
                    the document (case of a quanto swap), or explicitly
                    described through this component.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
            </xsd:sequence>
          </xsd:choice>
          <xsd:element name="cleanNetPrice" type="xsd:decimal" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The net price excluding accrued interest. The "Dirty Price"
                for bonds is put in the "netPrice" element, which includes
                accrued interest. Thus netPrice - cleanNetPrice =
                accruedInterest. The currency and price expression for this
                field are the same as those for the (dirty) netPrice.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="quotationCharacteristics" type="QuotationCharacteristics" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation>
                Allows information about how the price was quoted to be
                provided.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
      </xsd:complexType>
      <xsd:complexType name="RateIndex">
        <xsd:complexContent>
          <xsd:extension base="UnderlyingAsset">
            <xsd:sequence>
              <xsd:element name="floatingRateIndex" type="FloatingRateIndex"/>
              <xsd:element name="term" type="Interval">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the term of the simple swap, e.g. 5Y.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="paymentFrequency" type="Interval" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the frequency at which the index pays, e.g.
                    6M.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="dayCountFraction" type="DayCountFraction" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    The day count basis for the index.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
            </xsd:sequence>
          </xsd:extension>
        </xsd:complexContent>
      </xsd:complexType>
      <xsd:complexType name="SimpleCreditDefaultSwap">
        <xsd:complexContent>
          <xsd:extension base="UnderlyingAsset">
            <xsd:sequence>
              <xsd:group ref="CreditEntity.model">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    The reference entity, index, etc. upon which the CDS is
                    based.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:group>
              <xsd:element name="term" type="Interval">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the term of the simple CD swap, e.g. 5Y.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="paymentFrequency" type="Interval" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the frequency at which the swap pays, e.g.
                    6M.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
            </xsd:sequence>
          </xsd:extension>
        </xsd:complexContent>
      </xsd:complexType>
      <xsd:complexType name="SimpleFra">
        <xsd:complexContent>
          <xsd:extension base="UnderlyingAsset">
            <xsd:sequence>
              <xsd:element name="startTerm" type="Interval">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the start term of the simple fra, e.g. 3M.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="endTerm" type="Interval">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the end term of the simple fra, e.g. 9M.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="dayCountFraction" type="DayCountFraction" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    The day count basis for the FRA.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
            </xsd:sequence>
          </xsd:extension>
        </xsd:complexContent>
      </xsd:complexType>
      <xsd:complexType name="SimpleIRSwap">
        <xsd:complexContent>
          <xsd:extension base="UnderlyingAsset">
            <xsd:sequence>
              <xsd:element name="term" type="Interval">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the term of the simple swap, e.g. 5Y.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="paymentFrequency" type="Interval" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    Specifies the frequency at which the swap pays, e.g.
                    6M.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="dayCountFraction" type="DayCountFraction" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    The day count basis for the swap.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
            </xsd:sequence>
          </xsd:extension>
        </xsd:complexContent>
      </xsd:complexType>
      <xsd:complexType name="SingleUnderlyer">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            A type describing the single underlyer of a swap.
          </xsd:documentation>
        </xsd:annotation>
        <xsd:sequence>
          <xsd:element ref="underlyingAsset"/>
          <xsd:element name="openUnits" type="xsd:decimal" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The number of units (index or securities) that constitute
                the underlyer of the swap. In the case of a basket swap,
                this element is used to reference both the number of basket
                units, and the number of each asset components of the
                basket when these are expressed in absolute terms.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="dividendPayout" type="DividendPayout" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Specifies the dividend payout ratio associated with an
                equity underlyer. A basket swap can have different payout
                ratios across the various underlying constituents. In
                certain cases the actual ratio is not known on trade
                inception, and only general conditions are then specified.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="couponPayment" type="PendingPayment" minOccurs="0">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The next upcoming coupon payment.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
      </xsd:complexType>
      <xsd:complexType name="Underlyer">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            A type describing the whole set of possible underlyers: single
            underlyers or multiple underlyers, each of these having either
            security or index components.
          </xsd:documentation>
        </xsd:annotation>
        <xsd:choice>
          <xsd:element name="singleUnderlyer" type="SingleUnderlyer">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Describes the swap's underlyer when it has only one asset
                component.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="basket" type="Basket">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Describes the swap's underlyer when it has multiple asset
                components.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:choice>
      </xsd:complexType>
      <xsd:complexType name="UnderlyingAsset" abstract="true">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            A type describing the basic components of a security of index
            underlyer.
          </xsd:documentation>
        </xsd:annotation>
        <xsd:complexContent>
          <xsd:extension base="Asset">
            <xsd:sequence>
              <xsd:element name="currency" type="Currency" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    The currency in which an amount is denominated.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
              <xsd:element name="exchangeId" type="ExchangeId" minOccurs="0"/>
              <xsd:element name="clearanceSystem" type="ClearanceSystem" minOccurs="0"/>
              <xsd:element name="definition" type="ProductReference" minOccurs="0">
                <xsd:annotation>
                  <xsd:documentation xml:lang="en">
                    An optional reference to a full FpML product that
                    defines the simple product in greater detail. In case
                    of inconsistency between the terms of the simple
                    product and those of the detailed definition, the
                    values in the simple product override those in the
                    detailed definition.
                  </xsd:documentation>
                </xsd:annotation>
              </xsd:element>
            </xsd:sequence>
          </xsd:extension>
        </xsd:complexContent>
      </xsd:complexType>
      <xsd:element name="bond" type="Bond" substitutionGroup="underlyingAsset">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Defines the underlying asset when it is a bond.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="cash" type="Cash" substitutionGroup="underlyingAsset">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Defines a simple underlying asset type that is a cash payment.
            Used for specifying discounting factors for future cash flows
            in the pricing and risk model.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="convertibleBond" type="ConvertibleBond" substitutionGroup="underlyingAsset">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Defines the underlying asset when it is a convertible bond.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="deposit" type="Deposit" substitutionGroup="underlyingAsset">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Defines a simple underlying asset that is a term deposit.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="equity" type="EquityAsset" substitutionGroup="underlyingAsset">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Defines the underlying asset when it is a listed equity.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="exchangeTradedFund" type="ExchangeTradedFund" substitutionGroup="underlyingAsset">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Defines the underlying asset when it is an exchange-traded
            fund.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="future" type="Future" substitutionGroup="underlyingAsset">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Defines the underlying asset when it is a listed future
            contract.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="fxRate" type="FxRateAsset" substitutionGroup="underlyingAsset">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Defines a simple underlying asset type that is an FX rate. Used
            for specifying FX rates in the pricing and risk model.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="index" type="Index" substitutionGroup="underlyingAsset">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Defines the underlying asset when it is a financial index.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="mutualFund" type="MutualFund" substitutionGroup="underlyingAsset">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Defines the underlying asset when it is a mutual fund.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="rateIndex" type="RateIndex" substitutionGroup="underlyingAsset">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Defines a simple underlying asset that is an interest rate
            index. Used for specifying benchmark assets in the market
            environment in the pricing and risk model.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="simpleCreditDefaultSwap" type="SimpleCreditDefaultSwap" substitutionGroup="underlyingAsset">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Defines a simple underlying asset that is a credit default
            swap.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="simpleFra" type="SimpleFra" substitutionGroup="underlyingAsset">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Defines a simple underlying asset that is a forward rate
            agreement.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="simpleIrSwap" type="SimpleIRSwap" substitutionGroup="underlyingAsset">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Defines a simple underlying asset that is a swap.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="underlyingAsset" type="Asset" abstract="true">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Define the underlying asset when it is a listed security.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:group name="BasketIdentifier.model">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            A group that specifies a name and an identifier for a given
            basket.
          </xsd:documentation>
        </xsd:annotation>
        <xsd:choice>
          <xsd:sequence>
            <xsd:element name="basketName" type="BasketName">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  The name of the basket expressed as a free format string.
                  FpML does not define usage rules for this element.
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
            <xsd:element name="basketId" type="BasketId" minOccurs="0" maxOccurs="unbounded">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  A CDS basket identifier
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
          </xsd:sequence>
          <xsd:sequence>
            <xsd:element name="basketId" type="BasketId" maxOccurs="unbounded">
              <xsd:annotation>
                <xsd:documentation xml:lang="en">
                  A CDS basket identifier
                </xsd:documentation>
              </xsd:annotation>
            </xsd:element>
          </xsd:sequence>
        </xsd:choice>
      </xsd:group>
      <xsd:group name="CreditEntity.model">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            An item which has credit characteristics that can be modeled,
            e.g. a firm, index, or region
          </xsd:documentation>
        </xsd:annotation>
        <xsd:choice>
          <xsd:element name="referenceEntity" type="LegalEntity">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                The entity for which this is defined.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="creditEntityReference" type="LegalEntityReference">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                An XML reference a credit entity defined elsewhere in the
                document.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:choice>
      </xsd:group>
      <xsd:group name="ExchangeIdentifier.model">
        <xsd:sequence>
          <xsd:element name="relatedExchangeId" type="ExchangeId" minOccurs="0" maxOccurs="unbounded">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                A short form unique identifier for a related exchange. If
                the element is not present then the exchange shall be the
                primary exchange on which listed futures and options on the
                underlying are listed. The term "Exchange" is assumed to
                have the meaning as defined in the ISDA 2002 Equity
                Derivatives Definitions.
              </xsd:documentation>
              <xsd:documentation xml:lang="de">
                Eindeutiges Kürzel einer relevanten Börse. Fehlt dieses
                Element, gilt die Hauptbörse, an der börsengehandelte
                Futures- und Optionskontrakte auf den Basiswert notiert
                sind, als "Börse" im Sinne der ISDA-Definitionen zu
                Aktienderivaten von 2002.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="optionsExchangeId" type="ExchangeId" minOccurs="0" maxOccurs="unbounded">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                A short form unique identifier for an exchange on which the
                reference option contract is listed. This is to address the
                case where the reference exchange for the future is
                different than the one for the option. The options Exchange
                is referenced on share options when Merger Elections are
                selected as Options Exchange Adjustment.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
      </xsd:group>
    </xsd:schema>