PartialExercise

A type defining partial exercise. As defined in the 2000 ISDA Definitions, Section 12.3 Partial Exercise, the buyer of the option may exercise all or less than all the notional amount of the underlying swap but may not be less than the minimum notional amount (if specified) and must be an integral multiple of the integral multiple amount if specified.

Nested view
Tree view

Field	Type	Description	Print form title	FFSM title	Properties	Conditions
notionalReference	NotionalReference	A pointer style reference to the associated notional schedule defined elsewhere in the document. This element has been made optional as part of its integration in the OptionBaseExtended, because not required for the options on securities.	Notional reference.		0-∞, ncf
integralMultipleAmount	xsd:decimal	A notional amount which restricts the amount of notional that can be exercised when partial exercise or multiple exercise is applicable. The integral multiple amount defines a lower limit of notional that can be exercised and also defines a unit multiple of notional that can be exercised, i.e. only integer multiples of this amount can be exercised.	Integral multiple amount.		0-1, afr
Choice begin
Branch1
minimumNotionalAmount	xsd:decimal	The minimum notional amount that can be exercised on a given exercise date. See multipleExercise.	Minimum notional amount.		1-1, mre, afr
Branch2
minimumNumberOfOptions	xsd:nonNegativeInteger	The minimum number of options that can be exercised on a given exercise date.	Minimum number of options.		1-1, mre, afr
Choice end

Collapse All | Expand All

PartialExercise

integralMultipleAmount(decimal)

A notional amount which restricts the amount of notional that can be exercised when partial exercise or multiple exercise is applicable. The integral multiple amount defines a lower limit of notional that can be exercised and also defines a unit multiple of notional that can be exercised, i.e. only integer multiples of this amount can be exercised.

A choice of the minimum exercise volume.

minimumNotionalAmount(decimal)

	The minimum notional amount that can be exercised on a given exercise date. See multipleExercise.

minimumNumberOfOptions(nonNegativeInteger)

	The minimum number of options that can be exercised on a given exercise date.