Hi, I have a question regarding barrier and knock feature given in bondOption and equityOption schema. Therotically, the barrier options could be of type knock-in, knock-out with up or down movement. So all these options can be represented using ‘knockIn’ & ‘KnockOut’ features. Now question is when barrierCap and barrierFloor schemas should be used? Which are the options which can be only represented in ‘barrierCap or Floor’ schema and cannot be represented in ‘KnockIn or KnockOut’ schema or vice versa? Regards/Vijay
