interchange-schema-registry/Registry/FpML/5.0.0/confirmation/validation/invalid-testcases/invalid-fx-14-01.xml

A Global Schema Registry for Data Interchange formats

<?xml version="1.0" encoding="utf-8" ?>
<!--View is confirmation-->
<!--Version is 5-10-->
<!--NS is http://www.fpml.org/FpML-5/confirmation-->
<!--
        == Copyright (c) 2014-2018 All rights reserved.
        == Financial Products Markup Language is subject to the FpML public license.
        == A copy of this license is available at http://www.fpml.org/license/license.html
-->
<!-- 
  == Example 12 Knockin Barrier FX Option
  ==              Trade Date      : 2001-08-16
  ==              Expiry Date     : 2002-02-06
  ==              Expiry Time     : 10:00 
  ==              Option Buyer    : DB
  ==              Option Seller   : Party A
  ==              Single Barrier Option   : 5m EUR call on 4.5m  USD put @ 0.9 strike w/ knockin at 0.8975
  ==              Option Premium  : 45,000 USD
  ==              Premium Payment: 2001-08-20
  ==              Value Date      : 2002-02-08
  ==              Business Center : New York
  ==              Reference Spot : 0.8935
  ==              Trigger Rate : 0.8975 (option is knocked in when this price is hit)
  -->
<requestConfirmation
    xmlns="http://www.fpml.org/FpML-5/confirmation"
    xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
    fpmlVersion="5-10"
    xsi:schemaLocation="http://www.fpml.org/FpML-5/confirmation ../../fpml-main-5-10.xsd http://www.w3.org/2000/09/xmldsig# ../../xmldsig-core-schema.xsd"
>
  <header>
    <messageId messageIdScheme="http://www.partyA.com/coding-scheme/messageId">FX109876</messageId>
    <sentBy messageAddressScheme="http://www.partyA.com/partyId">PARTYAUS33</sentBy>
    <sendTo messageAddressScheme="http://www.partyA.com/partyId">DEUTDEFF</sendTo>
    <creationTimestamp>2001-08-16T08:57:00Z</creationTimestamp>
  </header>
  <isCorrection>false</isCorrection>
  <correlationId correlationIdScheme="http://www.partyA.com/coding-scheme/correlationId">FX01234</correlationId>
  <sequenceNumber>1</sequenceNumber>
  <trade>
    <tradeHeader>
      <partyTradeIdentifier>
        <partyReference href="party1" />
        <tradeId tradeIdScheme="http://www.partyA.com/swaps/trade-id">PARTYAUS33</tradeId>
      </partyTradeIdentifier>
      <partyTradeIdentifier>
        <partyReference href="party2" />
        <tradeId tradeIdScheme="http://www.db.com/swaps/trade-id">DEUTDEFF</tradeId>
      </partyTradeIdentifier>
      <tradeDate>2001-08-16</tradeDate>
    </tradeHeader>
    <fxOption>
      <buyerPartyReference href="party2" />
      <sellerPartyReference href="party1" />
<!--FpML-5-0 Instead of  'exerciseStyle' Enum, created specific exercise type e.g. europeanExercise, americanExercise. 'expiryDateTime': 'expiryDate',  'expiryTime', 'cutName' and  'valueDate' was moved in here-->
      <europeanExercise>
        <expiryDate>2002-02-06</expiryDate>
        <expiryTime>
          <hourMinuteTime>10:00:00</hourMinuteTime>
          <businessCenter>USNY</businessCenter>
        </expiryTime>
        <valueDate>2002-02-08</valueDate>
      </europeanExercise>
      <putCurrencyAmount>
        <currency>USD</currency>
        <amount>4500000</amount>
      </putCurrencyAmount>
      <callCurrencyAmount>
        <currency>EUR</currency>
        <amount>5000000</amount>
      </callCurrencyAmount>
      <strike>
        <rate>0.9</rate>
        <strikeQuoteBasis>PutCurrencyPerCallCurrency</strikeQuoteBasis>
      </strike>
      <spotRate>0.8935</spotRate>
      <features>
        <barrier>
<!--FpML 5-5, Deprecate 'ReverseKnockin' and 'ReverseKnockout' values for 'barrierType', and add 'direction'. -->
          <barrierType>Knockin</barrierType>
          <direction>Up</direction>
          <quotedCurrencyPair>
            <currency1>EUR</currency1>
            <currency2>USD</currency2>
            <quoteBasis>Currency2PerCurrency1</quoteBasis>
          </quotedCurrencyPair>
          <triggerRate>0.8975</triggerRate>
          <informationSource>
            <rateSource>Reuters</rateSource>
            <rateSourcePage>EUR=</rateSourcePage>
          </informationSource>
<!--FpML 5-5, Add 'observationStartTime' and 'observationEndTime' and the ability to define a collection of obervation points to define a discrete observation schedule -->
<!-- invalid rule fx-14: observationStartDate must be before observationEndDate. The correct value observationStartDate=2001-08-16 and observationEndDate = 2002-02-06-->
          <observationStartDate>2002-02-06</observationStartDate>
          <observationEndDate>2001-08-16</observationEndDate>
          <observationEndTime>
            <hourMinuteTime>10:00:00</hourMinuteTime>
            <businessCenter>USNY</businessCenter>
          </observationEndTime>
        </barrier>
      </features>
      <premium>
        <payerPartyReference href="party2" />
        <receiverPartyReference href="party1" />
        <paymentDate>
          <adjustableDate>
            <unadjustedDate>2001-11-06</unadjustedDate>
            <dateAdjustments>
              <businessDayConvention>NONE</businessDayConvention>
            </dateAdjustments>
          </adjustableDate>
        </paymentDate>
        <paymentAmount>
          <currency>USD</currency>
          <amount>45000</amount>
        </paymentAmount>
      </premium>
    </fxOption>
  </trade>
  <party id="party1">
    <partyId partyIdScheme="http://www.fpml.org/coding-scheme/external/iso17442">549300VBWWV6BYQOWM67</partyId>
  </party>
  <party id="party2">
    <partyId partyIdScheme="http://www.fpml.org/coding-scheme/external/iso17442">213800QILIUD4ROSUO03</partyId>
  </party>
</requestConfirmation>