Slot: automaticExercise
If automatic is specified, then the notional amount of the underlying swap not previously exercised under the swaption will be automatically exercised at the expiration time on the expiration date if at such time the buyer is in-the-money, provided that the difference between the settlement rate and the fixed rate under the relevant underlying swap is not less than the specified threshold rate. The term in-the-money is assumed to have the meaning defining in the 2000 ISDA Definitions, Section 17.4 In-the-money.
URI: common_domain_model:automaticExercise
Applicable Classes
| Name |
Description |
Modifies Slot |
| ExerciseProcedure |
A class describing how notice of exercise should be given |
no |
Properties
Type and Range
Cardinality and Requirements
Schema Source
Mappings
| Mapping Type |
Mapped Value |
| self |
common_domain_model:automaticExercise |
| native |
common_domain_model:automaticExercise |
LinkML Source
name: automaticExercise
description: If automatic is specified, then the notional amount of the underlying
swap not previously exercised under the swaption will be automatically exercised
at the expiration time on the expiration date if at such time the buyer is in-the-money,
provided that the difference between the settlement rate and the fixed rate under
the relevant underlying swap is not less than the specified threshold rate. The
term in-the-money is assumed to have the meaning defining in the 2000 ISDA Definitions,
Section 17.4 In-the-money.
from_schema: https://w3id.org/lmodel/common-domain-model
rank: 1000
domain_of:
- ExerciseProcedure
range: AutomaticExercise