Diagram
| Super-types: | None |
|---|---|
| Sub-types: | None |
| Name | CancelableProvision |
|---|---|
| Used by (from the same schema document) | Complex Type Swap |
| Abstract | no |
| Documentation | A type defining the right of a party to cancel a swap transaction on the specified exercise dates. The provision is for 'walkaway' cancellation (i.e. the fair value of the swap is not paid). A fee payable on exercise can be specified. |
'A reference to the party that buys this instrument, ie. pays for this instrument and receives the rights defined by it. See 2000 ISDA definitions Article 11.1 (b). In the case of FRAs this the fixed rate payer.'
'A reference to the party that sells (\"writes\") this instrument, i.e. that grants the rights defined by this instrument and in return receives a payment for it. See 2000 ISDA definitions Article 11.1 (a). In the case of FRAs this is the floating rate payer.'
'Definition of the party to whom notice of exercise should be given.'
'A flag to indicate whether follow-up confirmation of exercise (written or electronic) is required following telephonic notice by the buyer to the seller or seller\'s agent.'
'The adjusted dates associated with a cancelable provision. These dates have been adjusted for any applicable business day convention.'
'Business date convention adjustment to final payment period per leg (swapStream) upon exercise event. The adjustments can be made in-line with leg level BDC\'s or they can be specified seperately.'