# XML Schema Documentation

### Element: swap

#### [Table of contents]

This element can be used wherever the following element is referenced: product

Name | swap
Used by (from the same schema document) | Complex Type Swaption
Type | Swap
Nillable | no
Abstract | no
Documentation | A swap product definition.

Logical Diagram
XML Instance Representation
<swap
id=" xsd:ID [0..1]">
<productType> ProductType </productType> [0..*]

'A classification of the type of product. FpML defines a simple product categorization using a coding scheme.'

<productId> ProductId </productId> [0..*]

'A product reference identifier allocated by a party. FpML does not define the domain values associated with this element. Note that the domain values for this element are not strictly an enumerated list.'

<swapStream> InterestRateStream </swapStream> [1..*]

'The swap streams.'

<earlyTerminationProvision> EarlyTerminationProvision </earlyTerminationProvision> [0..1]

'Parameters specifying provisions relating to the optional and mandatory early terminarion of a swap transaction.'

<cancelableProvision> CancelableProvision </cancelableProvision> [0..1]

'A provision that allows the specification of an embedded option within a swap giving the buyer of the option the right to terminate the swap, in whole or in part, on the early termination date.'

<extendibleProvision> ExtendibleProvision </extendibleProvision> [0..1]

'A provision that allows the specification of an embedded option with a swap giving the buyer of the option the right to extend the swap, in whole or in part, to the extended termination date.'

<additionalPayment> Payment </additionalPayment> [0..*]

'Additional payments between the principal parties.'

<additionalTerms> SwapAdditionalTerms </additionalTerms> [0..1]

'Contains any additional terms to the swap contract.'

</swap>
Diagram
Schema Component Representation
<xsd:element name="swap" type=" Swap " substitutionGroup="product"/>