Component UnderlyingDividendAccrualFloatingRate Scenario base

SYNOPSIS: The UnderlyingDividendAccrualFloatingRate component is a subcomponent of UnderlyingDividendConditions used to define the dividend accrual floating rate attributes of dividend payment conditions.
ELABORATION:

ID Abbr
4390AcrlFloat

Pedigree

Added EP Updated EP Deprecated EP
FIX.5.0SP2208

Members

ID Name Abbr Presence Description
42801UnderlyingDividendFloatingRateIndexNdx optional SYNOPSIS: The dividend accrual floating rate index.
42802UnderlyingDividendFloatingRateIndexCurvePeriodNdxPeriod optional SYNOPSIS: Time unit multiplier for the dividend accrual floating rate index curve.
42803UnderlyingDividendFloatingRateIndexCurveUnitNdxUnit optional SYNOPSIS: Time unit associated with the dividend accrual floating rate index curve period.
42804UnderlyingDividendFloatingRateMultiplierRtMult optional SYNOPSIS: A rate multiplier to apply to the floating rate. The multiplier can be less than or greater than 1 (one). This should only be included if the multiplier is not equal to 1 (one) for the term of the contract.
42805UnderlyingDividendFloatingRateSpreadSpread optional SYNOPSIS: The basis points spread from the index specified in UnderlyingDividendFloatingRateIndex(42801).
42806UnderlyingDividendFloatingRateSpreadPositionTypeSpreadPosTyp optional SYNOPSIS: Identifies whether the rate spread is applied to a long or short position.
42807UnderlyingDividendFloatingRateTreatmentRtTrtmt optional SYNOPSIS: Specifies the yield calculation treatment for the index.
42808UnderlyingDividendCapRateCapRt optional SYNOPSIS: The cap rate, if any, which applies to the floating rate. It is only required where the floating rate is capped at a certain level. The cap rate is assumed to be exclusive of any spread and is a per annum rate, expressed as a decimal. A cap rate of 5% would be represented as "0.05".
42809UnderlyingDividendCapRateBuySideCapRtBuy optional SYNOPSIS: Reference to the buyer of the cap rate option through its trade side.
42810UnderlyingDividendCapRateSellSideCapRtSell optional SYNOPSIS: Reference to the seller of the cap rate option through its trade side.
42811UnderlyingDividendFloorRateFlrRt optional SYNOPSIS: The floor rate, if any, which applies to the floating rate. The floor rate (strike) is only required where the floating rate is floored at a certain strike level. The floor rate is assumed to be exclusive of any spread and is a per annum rate. The rate is expressed as a decimal, e.g. 5% is represented as "0.05".
42812UnderlyingDividendFloorRateBuySideFlrRtBuy optional SYNOPSIS: Reference to the buyer of the floor rate option through its trade side.
42813UnderlyingDividendFloorRateSellSideFlrRtSell optional SYNOPSIS: Reference to the seller of the floor rate option through its trade side.
42814UnderlyingDividendInitialRateInitRt optional SYNOPSIS: The initial floating rate reset agreed between the principal parties involved in the trade. This is assumed to be the first required reset rate for the first regular calculation period. It should only be included when the rate is not equal to the rate published on the source implied by the floating rate index. The initial rate is expressed in decimal form, e.g. 5% is represented as "0.05".
42815UnderlyingDividendFinalRateRoundingDirectionFnlRtRndDirctn optional SYNOPSIS: Specifies the rounding direction of the final rate.
42816UnderlyingDividendFinalRatePrecisionFnlRtPrcsn optional SYNOPSIS: Specifies the rounding precision of the final rate in terms of a number of decimal places. Note how a percentage rate rounding of 5 decimal places is expressed as a rounding precision of 7.
42817UnderlyingDividendAveragingMethodAvgngMeth optional SYNOPSIS: When averaging is applicable, used to specify whether a weighted or unweighted average method of calculation is to be used.
42818UnderlyingDividendNegativeRateTreatmentNegtvRtTrtmt optional SYNOPSIS: The specification of any provisions for calculating payment obligations when a floating rate is negative (either due to a quoted negative floating rate or by operation of a spread that is subtracted from the floating rate).