CommodityPhysicalExercise

The parameters for defining how the physically-settled commodity option can be exercised and how it is settled.

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Field	Type	Description	Print form title	FFSM title	Properties	Conditions
Choice begin
Branch1
americanExercise	CommodityPhysicalAmericanExercise	The parameters for defining the expiration date(s) and time(s) for an American style option.	American exercise.		1-1, mre
Branch2
europeanExercise	CommodityPhysicalEuropeanExercise	The parameters for defining the expiration date(s) and time(s) for a European style option.	European exercise.		1-1, mre
Choice end
automaticExercise	xsd:boolean	Specifies whether or not Automatic Exercise applies to a Commodity Option Transaction.	Automatic exercise.		0-1, ncf
writtenConfirmation	xsd:boolean	Specifies whether or not Written Confirmation applies to a Commodity Option Transaction.	Written confirmation.		0-1, ncf

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CommodityPhysicalExercise

A choice of the option exercise style.

americanExercise(CommodityPhysicalAmericanExercise)

	The parameters for defining the expiration date(s) and time(s) for an American style option.

A choice of the exercise period definition method.

Sequence

commencementDates(AdjustableOrRelativeDates)

The first day(s) of the exercise period(s) for an American-style option.

A choice of the dates specification.

adjustableDates(AdjustableDates)

	A series of dates that shall be subject to adjustment if they would otherwise fall on a day that is not a business day in the specified business centers, together with the convention for adjusting the date.

unadjustedDate(IdentifiedDate)

	A date subject to adjustment.

expirationDates(AdjustableOrRelativeDates)

The Expiration Date(s) of an American-style option.

A choice of the dates specification.

adjustableDates(AdjustableDates)

	A series of dates that shall be subject to adjustment if they would otherwise fall on a day that is not a business day in the specified business centers, together with the convention for adjusting the date.

unadjustedDate(IdentifiedDate)

	A date subject to adjustment.

Sequence

relativeCommencementDates(CommodityRelativeExpirationDates)

The first day(s) of the exercise period(s) for an American-style option where it is relative to the occurrence of an external event.

expireRelativeToEvent(CommodityExpireRelativeToEvent)

	Specifies whether the payment(s) occur relative to the date of a physical event.

expirationDateOffset(DateOffset)

Specifies any offset from the adjusted Calculation Period start date or adjusted Calculation Period end date applicable to each Payment Date.

periodMultiplier(integer)

	A time period multiplier, e.g. 1, 2 or 3 etc. A negative value can be used when specifying an offset relative to another date, e.g. -2 days.

period(PeriodEnum)

	A time period, e.g. a day, week, month or year of the stream. If the periodMultiplier value is 0 (zero) then period must contain the value D (day).
	D;W;M;Y;

dayType(DayTypeEnum)

	In the case of an offset specified as a number of days, this element defines whether consideration is given as to whether a day is a good business day or not. If a day type of business days is specified then non-business days are ignored when calculating the offset. The financial business centers to use for determination of business days are implied by the context in which this element is used. This element must only be included when the offset is specified as a number of days. If the offset is zero days then the dayType element should not be included.
	Business;Calendar;CommodityBusiness;CurrencyBusiness;ExchangeBusiness;ScheduledTradingDay;

businessDayConvention(BusinessDayConventionEnum)

	The convention for adjusting a date if it would otherwise fall on a day that is not a business day.
	FOLLOWING;FRN;MODFOLLOWING;PRECEDING;MODPRECEDING;NEAREST;NONE;NotApplicable;

A choice of the method of specifying financial business centers.

businessCenters(BusinessCenters)

	Financial business centers.

businessCenter(BusinessCenter)

	Financial business center.

relativeExpirationDates(CommodityRelativeExpirationDates)

The Expiration Date(s) of an American-style option where it is relative to the occurrence of an external event.

expireRelativeToEvent(CommodityExpireRelativeToEvent)

	Specifies whether the payment(s) occur relative to the date of a physical event.

expirationDateOffset(DateOffset)

Specifies any offset from the adjusted Calculation Period start date or adjusted Calculation Period end date applicable to each Payment Date.

periodMultiplier(integer)

	A time period multiplier, e.g. 1, 2 or 3 etc. A negative value can be used when specifying an offset relative to another date, e.g. -2 days.

period(PeriodEnum)

	A time period, e.g. a day, week, month or year of the stream. If the periodMultiplier value is 0 (zero) then period must contain the value D (day).
	D;W;M;Y;

dayType(DayTypeEnum)

	In the case of an offset specified as a number of days, this element defines whether consideration is given as to whether a day is a good business day or not. If a day type of business days is specified then non-business days are ignored when calculating the offset. The financial business centers to use for determination of business days are implied by the context in which this element is used. This element must only be included when the offset is specified as a number of days. If the offset is zero days then the dayType element should not be included.
	Business;Calendar;CommodityBusiness;CurrencyBusiness;ExchangeBusiness;ScheduledTradingDay;

businessDayConvention(BusinessDayConventionEnum)

	The convention for adjusting a date if it would otherwise fall on a day that is not a business day.
	FOLLOWING;FRN;MODFOLLOWING;PRECEDING;MODPRECEDING;NEAREST;NONE;NotApplicable;

A choice of the method of specifying financial business centers.

businessCenters(BusinessCenters)

	Financial business centers.

businessCenter(BusinessCenter)

	Financial business center.

europeanExercise(CommodityPhysicalEuropeanExercise)

	The parameters for defining the expiration date(s) and time(s) for a European style option.

A choice of the expiration date definition.

expirationDate(AdjustableOrRelativeDate)

	The Expiration Date of a single expiry European-style option or the first Expiration Date of a multiple expiry or daily expiring option.

A choice of the date specification.

adjustableDate(AdjustableDate)

	Conditionally filled element. This is to be included in case of reporting information about explicit adjustable dates. In other cases this is not supposed to be used. All underlying elements are included only in specified case.
	A date that shall be subject to adjustment if it would otherwise fall on a day that is not a business day in the specified business centers, together with the convention for adjusting the date.

unadjustedDate(IdentifiedDate)

	A date subject to adjustment.

expirationDates(AdjustableRelativeOrPeriodicDates2)

	The Expiration Date(s) of a European-style option.

A choice of the dates specification.

adjustableDates(AdjustableDates)

	A series of dates that shall be subject to adjustment if they would otherwise fall on a day that is not a business day in the specified business centers, together with the convention for adjusting the date.

unadjustedDate(IdentifiedDate)

	A date subject to adjustment.