# XML Schema Documentation

### Complex Type: AutomaticExercise

#### [Table of contents]

Super-types: | None
Sub-types: | None

Name | AutomaticExercise
Used by (from the same schema document) | Complex Type ExerciseProcedure
Abstract | no
Documentation | A type to define automatic exercise of a swaption. With automatic exercise the option is deemed to have exercised if it is in the money by more than the threshold amount on the exercise date.

XML Instance Representation
<...>
<thresholdRate> xsd:decimal </thresholdRate> [1]

'A threshold rate. The threshold of 0.10% would be represented as 0.001'

</...>
Diagram
Schema Component Representation
<xsd:complexType name="AutomaticExercise">
<xsd:sequence>
<xsd:element name="thresholdRate" type=" xsd:decimal "/>
</xsd:sequence>
</xsd:complexType>