interchange-schema-registry/Registry/FpML/5.0.0/confirmation/validation/invalid-testcases/invalid-fx-53-01.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
-->
<!-- This example is an FX One Touch Digital Option
    Example 16
  == UBS buys a two week GBP/USD One Touch (implicitly American) option and pays a premium.
  == At any time before expiry, if the spot rate is above the trigger rate, UBS receives a payout - but this is deferred to maturity
  -->
<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.citi.com/coding-scheme/messageId">FX019876</messageId>
    <sentBy messageAddressScheme="http://www.citi.com/partyId">CITI10015</sentBy>
    <sendTo messageAddressScheme="http://www.citi.com/partyId">UBSW20015</sendTo>
    <creationTimestamp>2001-11-12T08:57:00Z</creationTimestamp>
  </header>
  <isCorrection>false</isCorrection>
  <correlationId correlationIdScheme="http://www.citi.com/coding-scheme/correlationId">FX12345</correlationId>
  <sequenceNumber>1</sequenceNumber>
  <trade>
    <tradeHeader>
      <partyTradeIdentifier>
        <partyReference href="party1" />
        <tradeId tradeIdScheme="http://www.citi.com/fx/trade-id">CITI10016</tradeId>
      </partyTradeIdentifier>
      <partyTradeIdentifier>
        <partyReference href="party2" />
        <tradeId tradeIdScheme="http://www.ubsw.com/fx/trade-id">UBSW20016</tradeId>
      </partyTradeIdentifier>
      <tradeDate>2001-11-12</tradeDate>
    </tradeHeader>
    <fxDigitalOption>
      <productType productTypeScheme="http://www.sample.com/coding-scheme/product-type-simple">OneTouch</productType>
      <buyerPartyReference href="party2" />
      <sellerPartyReference href="party1" />
      <americanExercise>
        <commencementDate>
          <adjustableDate>
            <unadjustedDate>2001-11-12</unadjustedDate>
            <dateAdjustments>
              <businessDayConvention>FOLLOWING</businessDayConvention>
              <businessCenters>
                <businessCenter>GBLO</businessCenter>
              </businessCenters>
            </dateAdjustments>
          </adjustableDate>
        </commencementDate>
<!--invalid rule fx-53: fxDigitalOption/americanExerciseExercise/expiryDate must be after tradeHeader/tradeDate. Correct value is <expiryDate>2001-11-26</expiryDate> -->
        <expiryDate>2001-11-12</expiryDate>
        <expiryTime>
          <hourMinuteTime>14:00:00</hourMinuteTime>
          <businessCenter>GBLO</businessCenter>
        </expiryTime>
        <cutName>LondonEveningPgm</cutName>
        <latestValueDate>2001-11-26</latestValueDate>
      </americanExercise>
      <touch>
        <touchCondition>Touch</touchCondition>
<!--FpML 5-5, Add 'direction' with values 'AtOrAbove', 'AtOrBelow'. -->
        <direction>AtOrAbove</direction>
        <quotedCurrencyPair>
          <currency1>GBP</currency1>
          <currency2>USD</currency2>
          <quoteBasis>Currency2PerCurrency1</quoteBasis>
        </quotedCurrencyPair>
        <triggerRate>1.5200</triggerRate>
        <spotRate>1.4800</spotRate>
        <informationSource>
          <rateSource>Reuters</rateSource>
          <rateSourcePage>GBP=</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 -->
        <observationStartDate>2001-11-12</observationStartDate>
        <observationEndDate>2001-11-26</observationEndDate>
        <observationEndTime>
          <hourMinuteTime>14:00:00</hourMinuteTime>
          <businessCenter>GBLO</businessCenter>
        </observationEndTime>
      </touch>
      <payout>
        <currency>GBP</currency>
        <amount>2000000</amount>
        <payoutStyle>Deferred</payoutStyle>
      </payout>
      <premium>
        <payerPartyReference href="party2" />
        <receiverPartyReference href="party1" />
        <paymentDate>
          <adjustableDate>
            <unadjustedDate>2001-11-14</unadjustedDate>
            <dateAdjustments>
              <businessDayConvention>NONE</businessDayConvention>
            </dateAdjustments>
          </adjustableDate>
        </paymentDate>
        <paymentAmount>
          <currency>GBP</currency>
          <amount>78000</amount>
        </paymentAmount>
      </premium>
    </fxDigitalOption>
  </trade>
  <party id="party1">
    <partyId partyIdScheme="http://www.fpml.org/coding-scheme/external/iso17442">5493000SCC07UI6DB380</partyId>
  </party>
  <party id="party2">
    <partyId partyIdScheme="http://www.fpml.org/coding-scheme/external/iso17442">BFM8T61CT2L1QCEMIK50</partyId>
  </party>
</requestConfirmation>