Capturing Trades

This property is always displayed.

Select an out-of-the-box strategy or a custom strategy to capture the corresponding trade.

This property is common to all trades and set to Price by default. The settings are as follows:

This property is common to all trades. Its default behavior can be configured on the Defaults tab in Configuration > User Preferences with the "Default behavior for Save field on executed trades" option. The settings on the pricing sheet are as follows:

This property is always displayed, and is not set by default.

To activate the solving capability, set it to Solve. It can only be set to Solve on Active trades.

This property is always displayed, and it is set to Don't Reserve by default.

The property provides support for trade reservation in the case of a single trade or multiple trades.

The trade keyword "LimitReserved" is utilized with this feature so that the Limits engines can determine whether or not to process a trade.

Select a strategy template as needed to populate default values into the strategy. You can only select templates created for this type of strategy.

You can create strategy templates using Configuration > Manage Strategy Template.

See Manipulating Strategy Templates for details.

 Ⓘ   [NOTE: The selected template is not stored with the trade, it is only selected to populate default values]

Enter a user-defined trade identifier as needed, for tracking purposes.

Enter a user-defined trade identifier as needed, for tracking purposes.

Displays the unique ID given by the system upon saving.

Displays the trade version given by the system upon saving, "0" is the first version of the trade. The trade version is incremented when data are amended on the trade provided the Audit mode is enabled.

See Trade Version for details.

Displays the bundle ID created upon saving if any.

You can also display the following properties:

Displays the action currently performed on the trade based on the workflow configuration.

You can select a different action as needed, it will be applied to the trade upon saving.

Note that actions related to trade lifecycle processes are prevented by default. The actions Allocate, Terminate, Exercise, and Trigger can be applied from the Processing menu.

Other trade lifecycle actions have to be applied from their dedicated windows and processes.

Select a sales representative. Sales representatives are created in the "salesPerson" domain. It defaults to the sales representative selected in the User Defaults.

This is mandatory for capturing sales fees.

Select a trader - Traders are created in the "trader" domain. It defaults to the trader selected in the User Defaults.

The default trading book can be set in the User Defaults attribute "Pricing Sheet Default Book".

You can select another book as needed. Type in a few letters, and all books that start with those letters will appear. You can select a book from the list.

The Search can be configured from the Calypso Navigator using Configuration > User Access Control > User Settings under Preferences > Trade Capture > Book Search:

For reference, favorite books are set from the Calypso Navigator under Configuration > Favorites > Books.

Type in a few letters, and all counterparties that start with those letters will appear. You can select a counterparty from the list.

The Search can be configured from the Calypso Navigator using Configuration > User Access Control > User Settings under Preferences > Trade Capture > Counterparty Search.

Type in a few letters, and all books that start with those letters will appear. You can select an internal book from the list to capture an internal mirror trade.

The Search can be configured from the Calypso Navigator using Configuration > User Access Control > User Settings under Preferences > Trade Capture > Book Search:

For Internal Trades (trades with an internal book), the trade counterparty is set to the processing org of the internal book for the role CounterParty. Therefore, the processing org must have the role CounterParty.

For reference, favorite books are set from the Calypso Navigator using Configuration > Favorites > Internal Books.

Select a broker as needed. A broker is a legal entity of role Broker.

Only favorite brokers can be selected. Favorite brokers are selected from the Calypso Navigator using Configuration > Favorites > Brokers.

Select a prime broker as needed. A prime broker is a legal entity of role PrimeBroker.

Only prime brokers associated with the selected counterparty in the legal entity attribute PrimeBrokerList can be selected. You can define multiple prime brokers in the legal entity PrimeBrokerList separated by ";" (semicolons).

Type in a few letters, and legal entities that start with those letters will appear. You can select a legal entity of role step-in transferor from the list.

The step-in transferor is a transferor from a Step-In Novation done through DTCC.

Type in a few letters, and legal entities that start with those letters will appear. You can select a legal entity of role subsidiary from the list.

Type in a few letters, and legal entities that start with those letters will appear. You can select a legal entity of role calculation agent from the list.

The calculation agent is the party who acts as the referee in the event of a disagreement about a deal's rate reset or other payment detail. The calculation agent will be designated in a legal agreement such as an ISDA agreement.

For details on Reset Swap properties, see "Reset Swap" Properties.

For details on Fwd Start Notional Adjustment properties, see "Fwd Start Notional Adjustment" Properties.

Displays the ID of the collateral agreement associated with the selected counterparty and book's processing org, if any.

Collateral agreements are created from the Calypso Navigator using Configuration > Fees, Haircuts, & Margin Calls > Margin Call.

You can also display the following properties:

Discount curves can be associated with trades based on the collateral currency.

See CSA Details for setup details.

You can enter product code values for OTC trades, provided you have defined “OTC” product codes, like MiFID codes for example.

“OTC” product codes are created using Configuration > Product > Code (menu action product.ProductCodeWindow) with “OTC” checked.

Note that this property does not display non OTC product codes. Non OTC product codes are defined and displayed at the product level (Bond products for example).

Both properties are sub-properties of Rate. They can be used on both fixed and float legs of a Swap. The Rate Factor Rounding property provides standard rounding methods found in Calypso: NONE, NEAREST, UP, DOWN. The Rate Factor Decimals property allows for specifying decimal precision for the first setting.

When Calc Method is NONE, rounding = fixed rate*daycount fraction, then taken to the number of decimal places specified.

Rounding = (1+spread)^daycount fraction, then taken to the number of decimal places specified.

These properties allow for using date rules to determine a period.

These properties correspond to those found on the Date Rules tab of the product details window accessed from the trade window.

Supported for Future and Future Option trades.

Select the Average Price checkbox to preserve the trade price without rounding, regardless of the Quote Type or Quote Decimals specified on the given Future Option contract. Any trade price based calculations, including Nominal and relevant pricer measures, will use the full decimals of the trade price.

Enter the notional amount.

Enter / displays the notional in primary currency if applicable.

Displays / enter the notional in quoting currency if applicable.

Displays the currency pair when each leg is in a different currency. The default currency pair is set in Configuration > User Preferences.

You can select another currency pair as needed.

Only applies to "Self Quanto" or "Quanto" set as a Settle Type.

Displays the currency pair used in the Quanto. This is Settlement Ccy/Secondary Ccy in the defined currency pair. The currency pair is defined from the Calypso Navigator in Configuration > Definitions > Currency Definitions.

The amortization of the notional defaults to Bullet.

Select the settlement type at exercise. The application may automatically select it based on the product type.

You can also set the following properties:

Examples: 3D Business, 2M Calendar, 1Y Business, etc.

Enter the fixed tenor of the swap for Fixed Tenor Swaptions.

The swap starts on the option’s delivery date and ends on the option’s delivery date + fixed tenor.

The system currently only supports the pricing of European Fixed Tenor Swaptions.

For Accrual and Accumulator options, the choices are:

Where:

Select the strike type: Fixed, Forward Start, Average or Lookback.

Select Single for single range, or Multiple for multiple ranges.

Select Yes if the first range is known for a resetting range, or No otherwise.

If Yes, you can specify the first range in Trigger and Trigger2.

Only applies to the "Flexo" Settle Type.

Choose the FX rate source for Flexo type trades.

If there is notional exchange, you can also specify notional adjustments at every coupon period based on FX rates.

Select None, Pay (adjustments on the Pay leg), or Rec (adjustments on the rec leg).

You can also set the following properties:

If "FX Reset Use Index Reset Date" is not checked, you can set the FX Reset Lag and FX Reset Holidays as needed.

Select "Cancellable" for a cancellable swap, or select "None".

For a Cancellable swap, you can set the following properties:

Select the expiration date.

Select the product ID type to choose from when entering values in the Product ID field.

A default search type can be configured in Configuration > User Preferences under the Defaults tab. Select the default search type form the Default Bond Product ID type drop down.

Setting this in the trade leg specifically will override the value set in the defaults.

Only applies to "Self Quanto" or "Quanto" set as a Settle Type. Not available with Digital and Digital with Barrier strategies.

Enter the rate between the quoting currency and the primary currency if the settlement currency is the primary currency.

You can enter "k" to populate it with the strike rate, "s" for spot rate, or enter a fixed rate. The trade keyword "QuantoSource" will be populated accordingly.

Enter the strike.

The following FX Delta shortcuts are also available. Add the shortcut to the Strike property field and press Enter.

Rounding

Any system generated strike (solver, shortcut entry) will respect the currency pair rounding settings. If the user manually enters a strike, it will only be rounded based on the constraints of the currency rounding of the amounts that the strike generates.

Example: Ccy1 amount is 10,000.00 and a strike is entered as 1.234567.

The shortcut used will not be persisted if the trade is saved. EX: Entering "atms" in this field will calculate the at-the-money-strike and will appear as "<strike value> [atms] when pricing. If the trade is saved, the value is saved, but the shortcut used will not be saved.

Displays the percentage of strike with respect to "in-the-money" forward: [(FX Fwd - Strike)/ FX Fwd]*100.

Displays 1/Strike for an inverted trade.

Compound Strike Amount = Compound Strike * Ccy 1 Amount / 100.

You can also enter a compound strike amount and the Compound Strike will be updated accordingly.

When exercising the compound option, the compound strike amount will be passed to the created plain vanilla as PREMIUM fee.

Displays what the Vega would be in a Vanilla option from the trade date to the number of days calculated from the difference of the Expiry Date and the Fixing Date of the Volatility Forward option.

Displays the volatility at trade expiration (from the market data).

Displays the volatility at underlying expiration (from the market data).

Displays the implied forward volatility.

Enter the forward volatility agreed to on the trade date. The price that is agreed upon to buy the ATM straddle. It defaults to the calculated implied forward volatility. However, you can modify the value.

 Enter the fixed rate for fixed rates, or the spread over the rate value for floating rates as needed.

Only applies if Settle Type is Physical NDF, Self Quanto, Quanto, or Flexo.

Select an FX Rate Definition to fix the FX rates. FX Rate Definitions are configured from the Calypso Navigator using Configuration > Foreign Exchange > FX Rate Definitions.

Displays the fixing time of the selected fixing source.

Displays the quote side of the selected fixing source.

Displays the fixing rate of the selected fixing source, if any on the fixing date and if there is only one fixing date.

Select an FX Rate Definition to fix the FX rates. FX Rate Definitions are configured from the Calypso Navigator using Configuration > Foreign Exchange > FX Rate Definitions.

Then right-click the FX Rate Definition and choose "Supplemental" to define the accrual details.

Displays the fixing time of the selected fixing source.

Displays the quote side of the selected fixing source.

Displays the fixing rate of the selected fixing source, if any on the fixing date and if there is only one fixing date.

Select "Not resetting" for non-resetting ranges, or select the FX Rate Definition that will be used to fix the rates. FX Rate Definitions are configured from the Calypso Navigator using Configuration > Foreign Exchange > FX Rate Definitions.

Then right-click the FX Rate Definition and choose "Supplemental" to define the fixing schedule.

Displays the fixing time of the selected fixing source.

Displays the quote side of the selected fixing source.

Displays the fixing rate of the selected fixing source, if any on the fixing date and if there is only one fixing date.

Select the rate index for floating rates.

You can set additional properties:

The Reset Lag will persist is terms of days. Entering "30D" and saving will be displayed as "1M" on retrieval. Entering "d" for days, "w" for weeks, "m" for months and "y" for years as a tenor (EX: 1m b = -1M Business) will be saved as days.

If not tenor is entered, the system will use days by default.

When NONE is selected (default), the system uses the normal reset process for fixings.

Select the reset frequency to sample resets at a frequency different from the payment frequency. Otherwise, the resets are sampled at the payment frequency.

When the sampling frequency is more frequent that the payment frequency, you can define the weight of the resets, and the duration of the sampling period.

Select the duration type:

Select the type of barrier:

For a partial barrier: the start date of the barrier observation.

You can also set the Barrier Start Time.

For a partial barrier: the end date of the barrier observation.

You can also set the Barrier End Time.

For a partial double barrier: the start date of the second barrier observation.

You can also enter the Barrier2 Start Date.

For a partial double barrier: the end date of the second barrier observation.

You can also set the Barrier2 End Time.

Enter a rebate amount, if applicable.

You can also set the following properties:

Select the duration type:

Displays the description of the trigger type.

Select the trigger type.

For Digital options, the choices are:

For Digital With Barrier options, the choices are ABOVE or BELOW.

For Accrual options and Accumulator options, the choices are:

Digital and European Binary options:

Enter the strike rate for the single trigger, or upper trigger for a double digital.

Accrual and Accumulator options:

Enter the trigger for ABOVE and LOW options, or low trigger for a range.

Enter the start date of observation for a partial digital.

Enter the end date of observation for a partial digital.

In case of resetting range, enter the upper spread for single range.

Accrual options:

For ABOVE and BELOW accruals, select Yes to monitor the trigger, or No otherwise.

Range Accruals:

Select Yes to monitor the upper value of the range, or No otherwise.

Digital and European Binary options:

Enter the strike rate for the lower trigger.

Accrual options and Accumulator options:

Enter the high trigger for a range.

Enter the start date of second trigger observation for a double partial digital.

Enter the end date of second trigger observation for a double partial digital.

In case of resetting range, enter the lower spread for single range.

Select the payment date roll, when the payment date falls on a non business day.

You can also set the following properties:

The Payment Lag will persist is terms of days. Entering "30D" and saving will be displayed as "1M" on retrieval. Entering "d" for days, "w" for weeks, "m" for months and "y" for years as a tenor (EX: 1m b = -1M Business) will be saved as days.

Only applies to cash settlement.

Select the settlement method to compute the settlement amount.

[NOTE: If you have defined cash settlement defaults (CSD), it will pick up the settlement method from the CSD defined for the agreement specified in domain "CashSettleDefaultsAgreements" / rate index / currency - It is ANY by default.

For example, ANY is defined in domain "CashSettleDefaultsAgreements", and you have a CSD defined for ANY / LIBOR / USD. If the trade is LIBOR / USD and settles in Cash, then the settlement method from the CSD will be set on the trade by default]

You can set additional properties:

If you select none, you have to select a set of reference banks in Rek Bank 1, Ref Bank 2, Ref Bank 3, Ref Bank 4, Ref Bank 5 - Legal entities of role ReferenceBank.

If you select OTHER_SOURCE, you need to select a rate index in Cash Settle Rate Index.

In the Option Exercise Window, there is a Settlement Rate field. You can get the value from the pricing environment by clicking Price, or you can enter a value. If you enter a rate, it will be displayed here.

Select the stub period, if applicable, or none.

You can also set the following properties:

See "Interp checkbox" in Product Details for details.

See "Interp checkbox" in Product Details for details.

See "Interp checkbox" in Product Details for details.

Select the compounding type, if applicable, or none.

You can also set the following properties:

When you select a DLY compounding frequency for a rate index that is not setup for daily compounding, the DailyCompound calculator is used.

Compounding trades only.

When doing a partial termination, the PRINCIPAL transfer takes into account the part of interest that is not capitalized.

On the new trade, you can adjust the initial compounding notional as needed.

Compounding trades only.

Displays the amount of interest that is not capitalized on the new trade resulting from a partial termination.

Bond futures only.

Displays the cheapest to deliver factor.

Select the intermediate currency to convert notional currency to settle currency. Enter:

Displays the trade date adjusted by the 5pm rule if set.

Displays the valuation date set in the Pricing window of the pricing sheet by default.

You can modify as needed.

See Using the Pricing Sheet for details.

Displays the valuation time set in the Pricing window of the pricing sheet.

You can modify as needed.

See Using the Pricing Sheet for details.

Select the settlement date.

Enter the expiration date.

Select one of four options in the list:

Used for FX, FX Forward, and FX Swap strategies.

The Alternate Delivery Date allows you to settle the secondary currency in an FX trade on a different date from the Trade Date. When a date is entered in this field, the secondary currency will be settled on the entered date and the primary currency is settled on the Trade Date. For a swap trade, the near leg Alternate Delivery Date should not be before the Trade Date, and the far leg Alternate Delivery Date shouldn't be before the near leg Delivery Date.

For further details on this property, see "Alternate Settle Date" in the Calypso Deal Station Trade Entry documentation.

Displays the number of fixings for averaging the rate or strike.

You can also view the following properties:

Displays the first underlying futures contracts that will be used as fixing references.

Displays the last underlying futures contracts that will be used as fixing references.

Enter a credit spread value for a 5 year tenor.

Displays the volatility based on the market data associated with the selected pricing environment. You can modify this value.

Displays the spot rate from the quote set associated with the selected pricing environment. You can modify this value.

Displays the forward points based on the market data associated with the selected pricing environment. You can modify this value.

You can compute forward points on-the-fly based on "Ccy 1 Rate" or "Ccy 2 Rate".

You can also compute "Ccy 1 Rate" based on forward points - Choose Configuration > Rate Triangulation > Adjust Ccy 1 Rate. It will keep "Ccy 2 Rate" constant.

Or you can compute "Ccy 2 Rate" based on forward points - Choose Configuration > Rate Triangulation > Adjust Ccy 2 Rate. It will keep "Ccy 1 Rate" constant.

Displays the forward rate based on FX Spot and Fwd Points.

Displays the interest rate of the primary currency based on the market data associated with the selected pricing environment. You can modify this value.

Displays the interest rate of the quoting currency based on the market data associated with the selected pricing environment. You can modify this value.

Select the pricer used to price the trade. It defaults to the pricer set in the pricer configuration.

You can also specify pricing parameters associated with the selected pricing model.

Click here for a description of all pricing parameters.

The Pricer Override allows overriding the default pricer coming from the pricer configuration in a persistent fashion. This trade will always be priced using the new pricer.

You can select a pricer-override key provided you have created override keys in the Pricer Configuration.

The Market Data Item Override allows overriding the default market data coming from the pricer configuration in a persistent fashion. This trade will always be priced using the new market data.

You can select a market data-override key provided you have created override keys in the Pricer Configuration.

Select the currency and unit amount of the prices.

The unit amount defaults to the price format specified under Configuration > User Preferences.

Displays the unit amount of model premium based on the selected Price Format.

You can also view the following properties:

If the Rate Side is Bid/Ask, you will see Bid/Ask prices displayed instead of the mid price.

Displays the unit amount of trader premium based on the selected Price Format.

You can also view the following properties:

If the Rate Side is Bid/Ask, you will see Bid/Ask prices displayed instead of the mid price.

Displays the premium amount such that Customer Premium = Sales Premium + Trader Premium.

Displays the customer premium such that:

The customer premium is the actual fee that will be paid/received.

Sub-properties for FX Options

The Customer Premium property for FX Options includes two sub-properties for specifying a third-party legal entity, or beneficiary, as the recipient. This allows for successful generation of new transfers to the beneficiary from the Pricing Sheet strategy.

Premium Legal Entity - Select a legal entity as the recipient for the premium. Legal entities are those defined in the Legal Entity window.

Premium Legal Entity Role - Select a role for the legal entity. Legal entity roles are the same options provided in the "Role(s)" field of the Legal Entity window.

Displays the unit amount of customer premium based on the selected Price Format.

You can also view the following properties:

If the Rate Side is Bid/Ask, you will see Bid/Ask prices displayed instead of the mid price.

Displays the customer premium in customer fee ccy.

You can also display:

Displays the unit amount of sales premium based on the selected Price Format.

Displays the Sales Fee in premium currency.

This property is only enabled if a Sales Person is selected. Enter the sales fee amount.

Upon saving, a fee is created. The fee type depends on the product types: FXOPT_MARGIN for FX options, SPOT_MARGIN and FAR_MARGIN for FX, and CA_SALES_MARGIN for all other product types.

Please refer to Calypso Fees documentation for configuring sales margins.

You can also display:

The MarginFXRate trade keyword stores the rate used in the conversion.

You can select the location of the sales representative. The sales location is a legal entity of role SalesLocation. The sales fee is paid to that legal entity if selected.

If the sales location is not selected, the sales fee is paid to the counterparty of the trade if the domain "DefaultSalesMarginFeeLE" contains the value "UseTradeCptyAsDefault".

Otherwise, it is paid to the "NONE" counterparty.

Displays the property to solve for.

Displays "Solve" for custom solving.

See Solving for complete details on using the solving capabilities.

Displays the solving shortcut applied to the Strike if any.

Displays the spot date saved with the trade.

Displays the forward rate saved with the trade.

Displays the forward points saved with the trade.

Displays the interest rate of the primary currency saved with the trade.

Displays the interest rate of the quoting currency saved with the trade.

Displays the spot rate saved with the trade.

Displays the volatility saved with the trade.

Displays the model price saved with the trade.

Displays the model premium saved with the trade.

Select a method for averaging the rates used in fixing.

Please refer to Calypso Commodity Averaging Methods documentation for more details.

Unit of measure that the quantity represents. You can use a different unit type than the unit in the product definition. The quantity unit defaults to the unit defined in the commodity definition. If a unit other than the default unit is chosen, the application requires a conversion definition to correctly convert the units for the cashflows. Commodity positions are always kept in the default unit in the Position Keeper.

Define the conversion definition in the Calypso Navigator using Configuration > Commodites > Commodity Conversion.

Click the Mandatory or Optional radio button as needed.

Select the event type that triggers the cash settlement.

The event type is populated for SwapsWire trades.

Custom default values can be populated based on the event type. Refer to the Calypso Developer’s Guide for details. You can register new event types in the domain "cashSettleEvent".

Enter a free form comment related to the event.

Only applies to optional cash settlements. Select the option style: European, American, or Bermudan.

European

American

Bermudan

Note that the values for the dates default from the trade’s start and end dates. If you enter a date shortcut (for example, 2y) in the To field, the application calculates the date from the value entered in the From field.

See also legal agreement attribute "BermudanTradeDate" for defaults.

The frequency and holiday calendars default to the payment details of the trade. The holiday calendars for the Exercise Date and Valuation Date also default to the payment details.

OptionCalcDialog

Days lag “D” can be business days or calendar days. Double-click the Bus label to switch to Cal as needed.

For months lag “M” and years lag “Y”, the system uses calendar days only.

The “No Tenor” checkbox only applies to days lag, when you enter more than 31 days. If you check the “No Tenor” checkbox, the offset will be not be converted to a tenor.

Otherwise it will be converted to a tenor. Note that the conversion is for display only. The system always stores 35D.

For American and Bermudan options, you can enter the exercise fee in the Ex Schedule panel.

For Bermudan options, select the frequency of the exercise dates.

Enter free form contact information as needed.

You can select an agreement type, or ANY.

It defaults to the agreement type defined in domain "CashSettleDefaultsAgreements".

If cash settlement defaults exist for the selected agreement, rate index and currency, they will be loaded.

If a legal agreement of specified type is defined between the counterparty and the processing organization for the specified currency and product type, it can also drive default values on the settlement details.

 Ⓘ   [NOTE: The legal agreement CANNOT be defined as "Master"]

Attribute TERMINATION_APPENDIX_MID

The attribute TERMINATION_APPENDIX_MID drives the following default values:

If TERMINATION_APPENDIX_MID = Yes or not set, it is set to MID.

If TERMINATION_APPENDIX_MID = No, it is set to BID/ASK.

If TERMINATION_APPENDIX_MID = Yes or not set, it is set to False (unchecked).

If TERMINATION_APPENDIX_MID = No, it is set to True (checked).

Attributes CASH_SETTLE_MANDATORY_DATEROLL and CASH_SETTLE_OPTIONAL_DATEROLL

The attributes CASH_SETTLE_MANDATORY_DATEROLL (mandatory agreement) and CASH_SETTLE_OPTIONAL_DATEROLL (optional agreement) drive the default value of the Date Roll conventions (Ex Date and Pay Date).

You can create domains “laAdditionalField.CASH_SETTLE_MANDATORY_DATEROLL” and “laAdditionalField.CASH_SETTLE_OPTIONAL_DATEROLL” to hold the possible values.

Attribute BermudanTradeDate

The attribute "BermudanTradeDate" controls the Bermudan “From Date”. If true, the From Date is the Trade Date, otherwise, it is the start date of the swap.

This checkbox appears checked when the trade has been reviewed from the Calypso Navigator in Trade Lifecycle > Termination > Cash Settlement (menu action reporting.CashSettlementWindow).

For the Bermudan option style, the Reviewed/Satisfied checkbox can be set for each date.

Select the date roll convention to be applied when the termination date falls on a non-business day.

Date roll conventions are described in the Calypso Navigator under Help > Date Roll Conventions.

See legal agreement attributes CASH_SETTLE_MANDATORY_DATEROLL and CASH_SETTLE_OPTIONAL_DATEROLL for defaults.

Select the date roll convention to be applied when the payment date falls on a non-business day.

Date roll conventions are described in the Calypso Navigator under Help > Date Roll Conventions.

See legal agreement attributes CASH_SETTLE_MANDATORY_DATEROLL and CASH_SETTLE_OPTIONAL_DATEROLL for defaults.

Enter the earliest time on termination date when the option can be exercised.

Defaults to Cash Settlement Defaults if any.

Enter the time at which the trade is terminated.

Defaults to Cash Settlement Defaults if any.

Select a cash settlement method to compute the settlement amount.

Defaults to Cash Settlement Defaults if any.

You can select a rate source or none (empty). You can add rate sources to the "RateSource" domain.

If you select none, you have to select a set of reference banks.

If you select OTHER_SOURCE, you need to select a rate index from the Rate Index field.

Select the instance of the quotation rate that you want to use: MID, BID, or ASK.

See legal agreement attribute TERMINATION_APPENDIX_MID for defaults.

Check to indicate that the exercising party pays the settlement amount, otherwise the exercising party receives the settlement amount.

See legal agreement attribute TERMINATION_APPENDIX_MID for defaults.

Select a location.

Defaults to Cash Settlement Defaults if any, or to the currency’s location otherwise.