NSD’s trade repository messages specifications

Current specification

FxTrigger

Describes an FX trigger condition.

FieldTypeDescriptionPrint form titleFFSM titlePropertiesConditions
triggerConditi​onTriggerConditi​onEnumThe condition that applies to a European-style trigger. It determines where the rate at expiry date and time at must be relative to the triggerRate for the option to be exercisable. The allowed values are "Above" and "Below". Trigger condition.0-1, mre, mfr
quotedCurrency​PairQuotedCurrency​PairDefines the two currencies for an FX trade and the quotation relationship between the two currencies. Quoted currency pair.0-1, mre
triggerRatePositiveDecimalThe market rate is observed relative to the trigger rate, and if it is found to be on the predefined side of (above or below) the trigger rate, a trigger event is deemed to have occurred. Trigger rate.Knock-in price; Knock-out price.0-1, mre, mfr
spotRatePositiveDecimalAn optional element used for FX forwards and certain types of FX OTC options. For deals consumated in the FX Forwards Market, this represents the current market rate for a particular currency pair. For barrier and digital/binary options, it can be useful to include the spot rate at the time the option was executed to make it easier to know whether the option needs to move "up" or "down" to be triggered. Spot rate.0-1, afr
informationSou​rceInformationSou​rceThe information source where a published or displayed market rate will be obtained, e.g. Telerate Page 3750. Information source.0-∞, mre
FxTrigger