Class: PhysicalSettlementTerms

Specifies Physical Settlement Terms characteristics for the settlement of a Credit Default Swap or Option.

URI: common_domain_model:PhysicalSettlementTerms

 classDiagram
    class PhysicalSettlementTerms
    click PhysicalSettlementTerms href "../PhysicalSettlementTerms/"
      PhysicalSettlementTerms : clearedPhysicalSettlement
        
      PhysicalSettlementTerms : deliverableObligations
        
          
    
        
        
        PhysicalSettlementTerms --> "0..1" DeliverableObligations : deliverableObligations
        click DeliverableObligations href "../DeliverableObligations/"
    

        
      PhysicalSettlementTerms : escrow
        
      PhysicalSettlementTerms : physicalSettlementPeriod
        
          
    
        
        
        PhysicalSettlementTerms --> "0..1" PhysicalSettlementPeriod : physicalSettlementPeriod
        click PhysicalSettlementPeriod href "../PhysicalSettlementPeriod/"
    

        
      PhysicalSettlementTerms : predeterminedClearingOrganizationParty
        
          
    
        
        
        PhysicalSettlementTerms --> "0..1" AncillaryRoleEnum : predeterminedClearingOrganizationParty
        click AncillaryRoleEnum href "../AncillaryRoleEnum/"
    

        
      PhysicalSettlementTerms : sixtyBusinessDaySettlementCap
        
      

Slots

Name	Cardinality and Range	Description	Inheritance
clearedPhysicalSettlement	0..1 Boolean	Specifies whether the swap resulting from physical settlement of the swaption…	direct
predeterminedClearingOrganizationParty	0..1 AncillaryRoleEnum	Specifies the clearing organization (CCP, DCO) to which the trade should be c…	direct
physicalSettlementPeriod	0..1 PhysicalSettlementPeriod	The number of business days used in the determination of the physical settlem…	direct
deliverableObligations	0..1 DeliverableObligations	This element contains all the ISDA terms relevant to defining the deliverable…	direct
escrow	0..1 Boolean	If this element is specified and set to ‘true’, indicates that physical settl…	direct
sixtyBusinessDaySettlementCap	0..1 Boolean	If this element is specified and set to ‘true’, for a transaction documented …	direct

Usages

used by	used in	type	used
ReferencePoolItem	physicalSettlementTermsReference	range	PhysicalSettlementTerms
SettlementTerms	physicalSettlementTerms	range	PhysicalSettlementTerms

Rules

Rule Applied	Preconditions	Postconditions	Elseconditions
slot_conditions	{'predeterminedClearingOrganizationParty': {'value_presence': 'PRESENT'}}	{'predeterminedClearingOrganizationParty': {'value_presence': 'PRESENT', 'equals_string': 'PredeterminedClearingOrganizationParty'}}

Identifier and Mapping Information

Annotations

property	value
rosetta_metadata	key

Schema Source

• from schema: https://w3id.org/lmodel/common-domain-model

Mappings

Mapping Type	Mapped Value
self	common_domain_model:PhysicalSettlementTerms
native	common_domain_model:PhysicalSettlementTerms

LinkML Source

Direct

name: PhysicalSettlementTerms
annotations:
  rosetta_metadata:
    tag: rosetta_metadata
    value: key
description: Specifies Physical Settlement Terms characteristics for the settlement
  of a Credit Default Swap or Option.
from_schema: https://w3id.org/lmodel/common-domain-model
attributes:
  clearedPhysicalSettlement:
    name: clearedPhysicalSettlement
    description: Specifies whether the swap resulting from physical settlement of
      the swaption transaction will clear through a clearing house. The meaning of
      Cleared Physical Settlement is defined in the 2006 ISDA Definitions, Section
      15.2 (published in Supplement number 28).
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    domain_of:
    - PhysicalSettlementTerms
    range: boolean
  predeterminedClearingOrganizationParty:
    name: predeterminedClearingOrganizationParty
    description: Specifies the clearing organization (CCP, DCO) to which the trade
      should be cleared.
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    domain_of:
    - PhysicalSettlementTerms
    range: AncillaryRoleEnum
  physicalSettlementPeriod:
    name: physicalSettlementPeriod
    description: 'The number of business days used in the determination of the physical
      settlement date. The physical settlement date is this number of business days
      after all applicable conditions to settlement are satisfied. If a number of
      business days is not specified fallback provisions apply for determining the
      number of business days. If Section 8.5/8.6 of the 1999/2003 ISDA Definitions
      are to apply the businessDaysNotSpecified element should be included. If a specified
      number of business days are to apply these should be specified in the businessDays
      element. If Section 8.5/8.6 of the 1999/2003 ISDA Definitions are to apply but
      capped at a maximum number of business days then the maximum number should be
      specified in the maximumBusinessDays element. ISDA 2003 Term: Physical Settlement
      Period.'
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    domain_of:
    - PhysicalSettlementTerms
    range: PhysicalSettlementPeriod
  deliverableObligations:
    name: deliverableObligations
    description: This element contains all the ISDA terms relevant to defining the
      deliverable obligations.
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    domain_of:
    - PhysicalSettlementTerms
    range: DeliverableObligations
  escrow:
    name: escrow
    description: 'If this element is specified and set to ''true'', indicates that
      physical settlement must take place through the use of an escrow agent. (For
      Canadian counterparties this is always ''Not Applicable''. ISDA 2003 Term: Escrow.'
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    domain_of:
    - PhysicalSettlementTerms
    range: boolean
  sixtyBusinessDaySettlementCap:
    name: sixtyBusinessDaySettlementCap
    description: 'If this element is specified and set to ''true'', for a transaction
      documented under the 2003 ISDA Credit Derivatives Definitions, has the effect
      of incorporating the language set forth below into the confirmation. The section
      references are to the 2003 ISDA Credit Derivatives Definitions. Notwithstanding
      Section 1.7 or any provisions of Sections 9.9 or 9.10 to the contrary, but without
      prejudice to Section 9.3 and (where applicable) Sections 9.4, 9.5 and 9.6, if
      the Termination Date has not occurred on or prior to the date that is 60 Business
      Days following the Physical Settlement Date, such 60th Business Day shall be
      deemed to be the Termination Date with respect to this Transaction except in
      relation to any portion of the Transaction (an ''Affected Portion'') in respect
      of which: (1) a valid notice of Buy-in Price has been delivered that is effective
      fewer than three Business Days prior to such 60th Business Day, in which case
      the Termination Date for that Affected Portion shall be the third Business Day
      following the date on which such notice is effective; or (2) Buyer has purchased
      but not Delivered Deliverable Obligations validly specified by Seller pursuant
      to Section 9.10(b), in which case the Termination Date for that Affected Portion
      shall be the tenth Business Day following the date on which Seller validly specified
      such Deliverable Obligations to Buyer.'
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    domain_of:
    - PhysicalSettlementTerms
    range: boolean
rules:
- preconditions:
    slot_conditions:
      predeterminedClearingOrganizationParty:
        name: predeterminedClearingOrganizationParty
        value_presence: PRESENT
  postconditions:
    slot_conditions:
      predeterminedClearingOrganizationParty:
        name: predeterminedClearingOrganizationParty
        value_presence: PRESENT
        equals_string: PredeterminedClearingOrganizationParty
  description: PredeterminedClearingOrganizationParty

Induced

name: PhysicalSettlementTerms
annotations:
  rosetta_metadata:
    tag: rosetta_metadata
    value: key
description: Specifies Physical Settlement Terms characteristics for the settlement
  of a Credit Default Swap or Option.
from_schema: https://w3id.org/lmodel/common-domain-model
attributes:
  clearedPhysicalSettlement:
    name: clearedPhysicalSettlement
    description: Specifies whether the swap resulting from physical settlement of
      the swaption transaction will clear through a clearing house. The meaning of
      Cleared Physical Settlement is defined in the 2006 ISDA Definitions, Section
      15.2 (published in Supplement number 28).
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    owner: PhysicalSettlementTerms
    domain_of:
    - PhysicalSettlementTerms
    range: boolean
  predeterminedClearingOrganizationParty:
    name: predeterminedClearingOrganizationParty
    description: Specifies the clearing organization (CCP, DCO) to which the trade
      should be cleared.
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    owner: PhysicalSettlementTerms
    domain_of:
    - PhysicalSettlementTerms
    range: AncillaryRoleEnum
  physicalSettlementPeriod:
    name: physicalSettlementPeriod
    description: 'The number of business days used in the determination of the physical
      settlement date. The physical settlement date is this number of business days
      after all applicable conditions to settlement are satisfied. If a number of
      business days is not specified fallback provisions apply for determining the
      number of business days. If Section 8.5/8.6 of the 1999/2003 ISDA Definitions
      are to apply the businessDaysNotSpecified element should be included. If a specified
      number of business days are to apply these should be specified in the businessDays
      element. If Section 8.5/8.6 of the 1999/2003 ISDA Definitions are to apply but
      capped at a maximum number of business days then the maximum number should be
      specified in the maximumBusinessDays element. ISDA 2003 Term: Physical Settlement
      Period.'
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    owner: PhysicalSettlementTerms
    domain_of:
    - PhysicalSettlementTerms
    range: PhysicalSettlementPeriod
  deliverableObligations:
    name: deliverableObligations
    description: This element contains all the ISDA terms relevant to defining the
      deliverable obligations.
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    owner: PhysicalSettlementTerms
    domain_of:
    - PhysicalSettlementTerms
    range: DeliverableObligations
  escrow:
    name: escrow
    description: 'If this element is specified and set to ''true'', indicates that
      physical settlement must take place through the use of an escrow agent. (For
      Canadian counterparties this is always ''Not Applicable''. ISDA 2003 Term: Escrow.'
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    owner: PhysicalSettlementTerms
    domain_of:
    - PhysicalSettlementTerms
    range: boolean
  sixtyBusinessDaySettlementCap:
    name: sixtyBusinessDaySettlementCap
    description: 'If this element is specified and set to ''true'', for a transaction
      documented under the 2003 ISDA Credit Derivatives Definitions, has the effect
      of incorporating the language set forth below into the confirmation. The section
      references are to the 2003 ISDA Credit Derivatives Definitions. Notwithstanding
      Section 1.7 or any provisions of Sections 9.9 or 9.10 to the contrary, but without
      prejudice to Section 9.3 and (where applicable) Sections 9.4, 9.5 and 9.6, if
      the Termination Date has not occurred on or prior to the date that is 60 Business
      Days following the Physical Settlement Date, such 60th Business Day shall be
      deemed to be the Termination Date with respect to this Transaction except in
      relation to any portion of the Transaction (an ''Affected Portion'') in respect
      of which: (1) a valid notice of Buy-in Price has been delivered that is effective
      fewer than three Business Days prior to such 60th Business Day, in which case
      the Termination Date for that Affected Portion shall be the third Business Day
      following the date on which such notice is effective; or (2) Buyer has purchased
      but not Delivered Deliverable Obligations validly specified by Seller pursuant
      to Section 9.10(b), in which case the Termination Date for that Affected Portion
      shall be the tenth Business Day following the date on which Seller validly specified
      such Deliverable Obligations to Buyer.'
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    owner: PhysicalSettlementTerms
    domain_of:
    - PhysicalSettlementTerms
    range: boolean
rules:
- preconditions:
    slot_conditions:
      predeterminedClearingOrganizationParty:
        name: predeterminedClearingOrganizationParty
        value_presence: PRESENT
  postconditions:
    slot_conditions:
      predeterminedClearingOrganizationParty:
        name: predeterminedClearingOrganizationParty
        value_presence: PRESENT
        equals_string: PredeterminedClearingOrganizationParty
  description: PredeterminedClearingOrganizationParty