# XML Schema Documentation

### Complex Type: EquityBermudaExercise

#### [Table of contents]

Super-types: | SharedAmericanExercise < EquityBermudaExercise (by extension)
Sub-types: | None

Name | EquityBermudaExercise
Used by (from the same schema document) | Complex Type EquityExerciseValuationSettlement
Abstract | no
Documentation | A type for defining exercise procedures associated with a Bermuda style exercise of an equity option. The term Bermuda is adopted in FpML for consistency with the ISDA Definitions.

XML Instance Representation
<...
id=" xsd:ID [0..1]">
<commencementDate> AdjustableOrRelativeDate </commencementDate> [1]

'The first day of the exercise period for an American style option.'

<expirationDate> AdjustableOrRelativeDate </expirationDate> [1]

'The last day within an exercise period for an American style option. For a European style option it is the only day within the exercise period.'

<latestExerciseTime> BusinessCenterTime </latestExerciseTime> [0..1]

'For a Bermuda or American style option, the latest time on an exercise business day (excluding the expiration date) within the exercise period that notice can be given by the buyer to the seller or seller\'s agent. Notice of exercise given after this time will be deemed to have been given on the next exercise business day.'

<bermudaExerciseDates> DateList </bermudaExerciseDates> [1]

'List of Exercise Dates for a Bermuda option'

<latestExerciseTimeType> TimeTypeEnum </latestExerciseTimeType> [0..1]

'The latest time of day at which the equity option can be exercised, for example the official closing time of the exchange.'

<equityExpirationTimeType> TimeTypeEnum </equityExpirationTimeType> [1]

'The time of day at which the equity option expires, for example the official closing time of the exchange.'

<equityExpirationTime> BusinessCenterTime </equityExpirationTime> [0..1]

'The specific time of day at which the equity option expires.'

<equityMultipleExercise> EquityMultipleExercise </equityMultipleExercise> [0..1]

'The presence of this element indicates that the option may be exercised on different days. It is not applicable to European options.'

</...>
Diagram
Schema Component Representation
<xsd:complexType name="EquityBermudaExercise">
<xsd:complexContent>
<xsd:extension base=" SharedAmericanExercise ">
<xsd:sequence>
<xsd:element name="bermudaExerciseDates" type=" DateList "/>
<xsd:element name="latestExerciseTimeType" type=" TimeTypeEnum " minOccurs="0"/>
<xsd:element name="equityExpirationTimeType" type=" TimeTypeEnum "/>
<xsd:element name="equityExpirationTime" type=" BusinessCenterTime " minOccurs="0"/>
<xsd:element name="equityMultipleExercise" type=" EquityMultipleExercise " minOccurs="0"/>
</xsd:sequence>
</xsd:extension>
</xsd:complexContent>
</xsd:complexType>