FpML 4.3 Trial Recommendation

14 December 2007

Dividend Swap Component Definitions

Version: 4.3

This Version:

http://www.fpml.org/spec/fpml-4-3-9-tr-1

Latest Version:

http://www.fpml.org/spec/fpml-4-3-9-tr-1

Previous Version:

http://www.fpml.org/spec/2007/lcwd-fpml-4-3-2007-10-30/

Errata for this Version:

http://www.fpml.org/spec/fpml-4-3-9-tr-1/html/fpml-4-3-errata.html

Document built: Mon 01/14/2008 12:56:37.64


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
DividendLeg
DividendPeriodPayment
DividendSwapTransactionSupplement
FixedPaymentAmount
FixedPaymentLeg

Global Elements
dividendSwapTransactionSupplement

Groups

Schema Listing

Global Simple Types

The schema does not contain any global simple types.

Global Complex Types

DividendLeg

Description:

Floating Payment Leg of a Dividend Swap.

Figure:

Contents:

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

declaredCashDividendPercentage (exactly one occurrence; of the type NonNegativeDecimal)

declaredCashEquivalentDividendPercentage (exactly one occurrence; of the type NonNegativeDecimal)

dividendPeriod (one or more occurrences; of the type DividendPeriodPayment)

Used by:

Extension of:

Schema Fragment: 

<xsd:complexType name="DividendLeg">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      Floating Payment Leg of a Dividend Swap.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:complexContent>
    <xsd:extension base="DirectionalLegUnderlyer">
      <xsd:sequence>
        <xsd:element name="declaredCashDividendPercentage" type="NonNegativeDecimal">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Declared Cash Dividend Percentage.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="declaredCashEquivalentDividendPercentage" type="NonNegativeDecimal">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Declared Cash Equivalent Dividend Percentage.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="dividendPeriod" type="DividendPeriodPayment" maxOccurs="unbounded">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              One to many time bounded dividend payment periods, each
              with a fixed strike and dividend payment date per period.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
    </xsd:extension>
  </xsd:complexContent>
</xsd:complexType>

DividendPeriodPayment

Description:

A time bounded dividend period, with fixed strike and a dividend payment date per period.

Figure:

Contents:

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

fixedStrike (exactly one occurrence; of the type PositiveDecimal)

paymentDate (exactly one occurrence; of the type AdjustableOrRelativeDate)

Used by:

Extension of:

Schema Fragment: 

<xsd:complexType name="DividendPeriodPayment">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      A time bounded dividend period, with fixed strike and a dividend
      payment date per period.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:complexContent>
    <xsd:extension base="DividendPeriod">
      <xsd:sequence>
        <xsd:element name="fixedStrike" type="PositiveDecimal">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Fixed strike.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="paymentDate" type="AdjustableOrRelativeDate">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Dividend period amount payment date.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
    </xsd:extension>
  </xsd:complexContent>
</xsd:complexType>

DividendSwapTransactionSupplement

Description:

A Dividend Swap Transaction Supplement.

Figure:

Contents:

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

dividendLeg (exactly one occurrence; of the type DividendLeg)

fixedLeg (exactly one occurrence; of the type FixedPaymentLeg)

Used by:

Extension of:

Schema Fragment: 

<xsd:complexType name="DividendSwapTransactionSupplement">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      A Dividend Swap Transaction Supplement.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:complexContent>
    <xsd:extension base="Product">
      <xsd:sequence>
        <xsd:element name="dividendLeg" type="DividendLeg">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Dividend leg.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
        <xsd:element name="fixedLeg" type="FixedPaymentLeg">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Fixed payment leg.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
    </xsd:extension>
  </xsd:complexContent>
</xsd:complexType>

FixedPaymentAmount

Description:

Fixed payment amount within a Dividend Swap.

Figure:

Contents:

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

paymentDate (exactly one occurrence; of the type RelativeDateOffset)

Used by:

Schema Fragment: 

<xsd:complexType name="FixedPaymentAmount">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      Fixed payment amount within a Dividend Swap.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:sequence>
    <xsd:element name="paymentAmount" type="Money" minOccurs="0">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Payment amount, which is optional since the payment amount
          may be calculated using fixed strike and number of open
          units.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
    <xsd:element name="paymentDate" type="RelativeDateOffset">
      <xsd:annotation>
        <xsd:documentation xml:lang="en">
          Payment date relative to another date.
        </xsd:documentation>
      </xsd:annotation>
    </xsd:element>
  </xsd:sequence>
</xsd:complexType>

FixedPaymentLeg

Description:

Fixed Payment Leg of a Dividend Swap.

Figure:

Contents:

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

fixedPayment (one or more occurrences; of the type FixedPaymentAmount)

Used by:

Extension of:

Schema Fragment: 

<xsd:complexType name="FixedPaymentLeg">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      Fixed Payment Leg of a Dividend Swap.
    </xsd:documentation>
  </xsd:annotation>
  <xsd:complexContent>
    <xsd:extension base="DirectionalLeg">
      <xsd:sequence>
        <xsd:element name="fixedPayment" type="FixedPaymentAmount" maxOccurs="unbounded">
          <xsd:annotation>
            <xsd:documentation xml:lang="en">
              Fixed payment of a dividend swap, payment date is
              relative to a dividend period payment date. Commonly the
              dividend leg and the fixed payment leg will pay out on
              the same date, and the payments will be netted.
            </xsd:documentation>
          </xsd:annotation>
        </xsd:element>
      </xsd:sequence>
    </xsd:extension>
  </xsd:complexContent>
</xsd:complexType>

Global Elements

dividendSwapTransactionSupplement

Description:

Specifies the structure of the dividend swap transaction supplement.

Figure:

Contents:

Element dividendSwapTransactionSupplement is defined by the complex type DividendSwapTransactionSupplement

Used by:

Schema Fragment: 

<xsd:element name="dividendSwapTransactionSupplement" type="DividendSwapTransactionSupplement" substitutionGroup="product">
  <xsd:annotation>
    <xsd:documentation xml:lang="en">
      Specifies the structure of the dividend swap transaction
      supplement.
    </xsd:documentation>
  </xsd:annotation>
</xsd:element>

Groups

The schema does not contain any groups.

Full XML Schema 

<xsd:schema ecore:nsPrefix="fpml" ecore:package="org.fpml" ecore:documentRoot="FpML" targetNamespace="http://www.fpml.org/2007/FpML-4-3" version="$Revision: 2528 $" attributeFormDefault="unqualified" elementFormDefault="qualified">
  <xsd:include schemaLocation="fpml-eq-shared-4-3.xsd"/>
  <xsd:include schemaLocation="fpml-shared-4-3.xsd"/>
  <xsd:complexType name="DividendLeg">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        Floating Payment Leg of a Dividend Swap.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:complexContent>
      <xsd:extension base="DirectionalLegUnderlyer">
        <xsd:sequence>
          <xsd:element name="declaredCashDividendPercentage" type="NonNegativeDecimal">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Declared Cash Dividend Percentage.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="declaredCashEquivalentDividendPercentage" type="NonNegativeDecimal">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Declared Cash Equivalent Dividend Percentage.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="dividendPeriod" type="DividendPeriodPayment" maxOccurs="unbounded">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                One to many time bounded dividend payment periods, each
                with a fixed strike and dividend payment date per
                period.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
      </xsd:extension>
    </xsd:complexContent>
  </xsd:complexType>
  <xsd:complexType name="DividendPeriodPayment">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        A time bounded dividend period, with fixed strike and a
        dividend payment date per period.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:complexContent>
      <xsd:extension base="DividendPeriod">
        <xsd:sequence>
          <xsd:element name="fixedStrike" type="PositiveDecimal">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Fixed strike.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="paymentDate" type="AdjustableOrRelativeDate">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Dividend period amount payment date.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
      </xsd:extension>
    </xsd:complexContent>
  </xsd:complexType>
  <xsd:complexType name="DividendSwapTransactionSupplement">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        A Dividend Swap Transaction Supplement.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:complexContent>
      <xsd:extension base="Product">
        <xsd:sequence>
          <xsd:element name="dividendLeg" type="DividendLeg">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Dividend leg.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
          <xsd:element name="fixedLeg" type="FixedPaymentLeg">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Fixed payment leg.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
      </xsd:extension>
    </xsd:complexContent>
  </xsd:complexType>
  <xsd:complexType name="FixedPaymentAmount">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        Fixed payment amount within a Dividend Swap.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:sequence>
      <xsd:element name="paymentAmount" type="Money" minOccurs="0">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Payment amount, which is optional since the payment amount
            may be calculated using fixed strike and number of open
            units.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
      <xsd:element name="paymentDate" type="RelativeDateOffset">
        <xsd:annotation>
          <xsd:documentation xml:lang="en">
            Payment date relative to another date.
          </xsd:documentation>
        </xsd:annotation>
      </xsd:element>
    </xsd:sequence>
  </xsd:complexType>
  <xsd:complexType name="FixedPaymentLeg">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        Fixed Payment Leg of a Dividend Swap.
      </xsd:documentation>
    </xsd:annotation>
    <xsd:complexContent>
      <xsd:extension base="DirectionalLeg">
        <xsd:sequence>
          <xsd:element name="fixedPayment" type="FixedPaymentAmount" maxOccurs="unbounded">
            <xsd:annotation>
              <xsd:documentation xml:lang="en">
                Fixed payment of a dividend swap, payment date is
                relative to a dividend period payment date. Commonly
                the dividend leg and the fixed payment leg will pay out
                on the same date, and the payments will be netted.
              </xsd:documentation>
            </xsd:annotation>
          </xsd:element>
        </xsd:sequence>
      </xsd:extension>
    </xsd:complexContent>
  </xsd:complexType>
  <xsd:element name="dividendSwapTransactionSupplement" type="DividendSwapTransactionSupplement" substitutionGroup="product">
    <xsd:annotation>
      <xsd:documentation xml:lang="en">
        Specifies the structure of the dividend swap transaction
        supplement.
      </xsd:documentation>
    </xsd:annotation>
  </xsd:element>
</xsd:schema>