Class: SettlementTerms

Specifies the settlement terms, which can either be cash, physical, or fx-based cash-settlement. This class can be used for the settlement of options and forwards, cash transactions (e.g. securities or foreign exchange), or in case of credit event.

URI: common_domain_model:SettlementTerms

 classDiagram
    class SettlementTerms
    click SettlementTerms href "../SettlementTerms/"
      SettlementBase <|-- SettlementTerms
        click SettlementBase href "../SettlementBase/"
      
      SettlementTerms : cashSettlementCentre
        
          
    
        
        
        SettlementTerms --> "0..1" AssetAncillaryPartyRoleEnum : cashSettlementCentre
        click AssetAncillaryPartyRoleEnum href "../AssetAncillaryPartyRoleEnum/"
    

        
      SettlementTerms : cashSettlementTerms
        
          
    
        
        
        SettlementTerms --> "*" CashSettlementTerms : cashSettlementTerms
        click CashSettlementTerms href "../CashSettlementTerms/"
    

        
      SettlementTerms : physicalSettlementTerms
        
          
    
        
        
        SettlementTerms --> "0..1" PhysicalSettlementTerms : physicalSettlementTerms
        click PhysicalSettlementTerms href "../PhysicalSettlementTerms/"
    

        
      SettlementTerms : securitySettlementCentre
        
          
    
        
        
        SettlementTerms --> "0..1" AssetAncillaryPartyRoleEnum : securitySettlementCentre
        click AssetAncillaryPartyRoleEnum href "../AssetAncillaryPartyRoleEnum/"
    

        
      SettlementTerms : settlementCentre
        
          
    
        
        
        SettlementTerms --> "0..1" SettlementCentreEnum : settlementCentre
        click SettlementCentreEnum href "../SettlementCentreEnum/"
    

        
      SettlementTerms : settlementCurrency
        
      SettlementTerms : settlementDate
        
          
    
        
        
        SettlementTerms --> "0..1" SettlementDate : settlementDate
        click SettlementDate href "../SettlementDate/"
    

        
      SettlementTerms : settlementProvision
        
          
    
        
        
        SettlementTerms --> "0..1" SettlementProvision : settlementProvision
        click SettlementProvision href "../SettlementProvision/"
    

        
      SettlementTerms : settlementType
        
          
    
        
        
        SettlementTerms --> "1" SettlementTypeEnum : settlementType
        click SettlementTypeEnum href "../SettlementTypeEnum/"
    

        
      SettlementTerms : standardSettlementStyle
        
          
    
        
        
        SettlementTerms --> "0..1" StandardSettlementStyleEnum : standardSettlementStyle
        click StandardSettlementStyleEnum href "../StandardSettlementStyleEnum/"
    

        
      SettlementTerms : transferSettlementType
        
          
    
        
        
        SettlementTerms --> "0..1" TransferSettlementEnum : transferSettlementType
        click TransferSettlementEnum href "../TransferSettlementEnum/"
    

        
      

Inheritance

• SettlementBase
  • SettlementTerms

Slots

Name	Cardinality and Range	Description	Inheritance
cashSettlementTerms	* CashSettlementTerms	Specifies the parameters associated with the cash settlement procedure	direct
physicalSettlementTerms	0..1 PhysicalSettlementTerms	Specifies the physical settlement terms which apply to the transaction	direct
settlementType	1 SettlementTypeEnum	Whether the settlement will be cash, physical, by election,	SettlementBase
transferSettlementType	0..1 TransferSettlementEnum	The qualification as to how the transfer will settle, e	SettlementBase
settlementCurrency	0..1 string	The settlement currency is to be specified when the Settlement Amount cannot …	SettlementBase
settlementDate	0..1 SettlementDate	The date on which the settlement amount will be paid, subject to adjustment i…	SettlementBase
settlementCentre	0..1 SettlementCentreEnum	Optional settlement centre as an enumerated list: Euroclear, Clearstream	SettlementBase
settlementProvision	0..1 SettlementProvision	Optionally defines the parameters that regulate a settlement	SettlementBase
standardSettlementStyle	0..1 StandardSettlementStyleEnum	Settlement Style	SettlementBase
securitySettlementCentre	0..1 AssetAncillaryPartyRoleEnum	Specifies the settlement centre of a security	SettlementBase
cashSettlementCentre	0..1 AssetAncillaryPartyRoleEnum	Specifies the settlement centre of cash	SettlementBase

Usages

used by	used in	type	used
EquitySwapMasterConfirmation2018	settlementTerms	range	SettlementTerms
CommodityPayout	settlementTerms	range	SettlementTerms
CreditDefaultPayout	settlementTerms	range	SettlementTerms
InterestRatePayout	settlementTerms	range	SettlementTerms
PayoutBase	settlementTerms	range	SettlementTerms
AssetPayout	settlementTerms	range	SettlementTerms
FixedPricePayout	settlementTerms	range	SettlementTerms
MandatoryEarlyTermination	cashSettlement	range	SettlementTerms
OptionPayout	settlementTerms	range	SettlementTerms
OptionalEarlyTermination	cashSettlement	range	SettlementTerms
PerformancePayout	settlementTerms	range	SettlementTerms
SettlementPayout	settlementTerms	range	SettlementTerms

Rules

Rule Applied	Preconditions	Postconditions	Elseconditions
slot_conditions	{'cashSettlementTerms': {'value_presence': 'PRESENT'}, 'physicalSettlementTerms': {'value_presence': 'PRESENT'}}
any_of		[{'slot_conditions': {'settlementType': {'equals_string': 'Election'}}}, {'slot_conditions': {'settlementType': {'equals_string': 'CashOrPhysical'}}}]

Rule Applied	Preconditions	Postconditions	Elseconditions
slot_conditions	{'cashSettlementTerms': {'value_presence': 'PRESENT'}}
none_of		[{'slot_conditions': {'settlementType': {'value_presence': 'PRESENT', 'equals_string': 'Physical'}}}]

Rule Applied	Preconditions	Postconditions	Elseconditions
slot_conditions	{'physicalSettlementTerms': {'value_presence': 'PRESENT'}}
none_of		[{'slot_conditions': {'settlementType': {'value_presence': 'PRESENT', 'equals_string': 'Cash'}}}]

Identifier and Mapping Information

Schema Source

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

Mappings

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

LinkML Source

Direct

name: SettlementTerms
description: Specifies the settlement terms, which can either be cash, physical, or
  fx-based cash-settlement. This class can be used for the settlement of options and
  forwards, cash transactions (e.g. securities or foreign exchange), or in case of
  credit event.
from_schema: https://w3id.org/lmodel/common-domain-model
is_a: SettlementBase
attributes:
  cashSettlementTerms:
    name: cashSettlementTerms
    description: Specifies the parameters associated with the cash settlement procedure.
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    domain_of:
    - SettlementTerms
    range: CashSettlementTerms
    multivalued: true
  physicalSettlementTerms:
    name: physicalSettlementTerms
    description: Specifies the physical settlement terms which apply to the transaction.
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    domain_of:
    - SettlementTerms
    range: PhysicalSettlementTerms
rules:
- preconditions:
    slot_conditions:
      cashSettlementTerms:
        name: cashSettlementTerms
        value_presence: PRESENT
      physicalSettlementTerms:
        name: physicalSettlementTerms
        value_presence: PRESENT
  postconditions:
    any_of:
    - slot_conditions:
        settlementType:
          name: settlementType
          equals_string: Election
    - slot_conditions:
        settlementType:
          name: settlementType
          equals_string: CashOrPhysical
  description: 'OptionSettlementChoice: The option settlement cannot combine both
    physical and cash terms specification.'
- preconditions:
    slot_conditions:
      cashSettlementTerms:
        name: cashSettlementTerms
        value_presence: PRESENT
  postconditions:
    none_of:
    - slot_conditions:
        settlementType:
          name: settlementType
          value_presence: PRESENT
          equals_string: Physical
  description: 'CashSettlementTerms: If the cash settlement terms are specified, then
    the settlementType can either be Cash, Election or CashOrPhysical'
- preconditions:
    slot_conditions:
      physicalSettlementTerms:
        name: physicalSettlementTerms
        value_presence: PRESENT
  postconditions:
    none_of:
    - slot_conditions:
        settlementType:
          name: settlementType
          value_presence: PRESENT
          equals_string: Cash
  description: 'PhysicalSettlementTerms: If the physical settlement terms are specified,
    then the settlementType can either be Physical, Election or CashOrPhysical'

Induced

name: SettlementTerms
description: Specifies the settlement terms, which can either be cash, physical, or
  fx-based cash-settlement. This class can be used for the settlement of options and
  forwards, cash transactions (e.g. securities or foreign exchange), or in case of
  credit event.
from_schema: https://w3id.org/lmodel/common-domain-model
is_a: SettlementBase
attributes:
  cashSettlementTerms:
    name: cashSettlementTerms
    description: Specifies the parameters associated with the cash settlement procedure.
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    owner: SettlementTerms
    domain_of:
    - SettlementTerms
    range: CashSettlementTerms
    multivalued: true
  physicalSettlementTerms:
    name: physicalSettlementTerms
    description: Specifies the physical settlement terms which apply to the transaction.
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    owner: SettlementTerms
    domain_of:
    - SettlementTerms
    range: PhysicalSettlementTerms
  settlementType:
    name: settlementType
    description: Whether the settlement will be cash, physical, by election, ...
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    owner: SettlementTerms
    domain_of:
    - SettlementBase
    range: SettlementTypeEnum
    required: true
  transferSettlementType:
    name: transferSettlementType
    description: The qualification as to how the transfer will settle, e.g. a DvP
      settlement.
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    owner: SettlementTerms
    domain_of:
    - SettlementBase
    range: TransferSettlementEnum
  settlementCurrency:
    name: settlementCurrency
    annotations:
      rosetta_metadata:
        tag: rosetta_metadata
        value: scheme
      doc_reference:
        tag: doc_reference
        value: ICMA GMRA namingConvention Contractual Currency
    description: The settlement currency is to be specified when the Settlement Amount
      cannot be known in advance. The list of valid currencies is not presently positioned
      as an enumeration as part of the CDM because that scope is limited to the values
      specified by ISDA and FpML. As a result, implementers have to make reference
      to the relevant standard, such as the ISO 4217 standard for currency codes.
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    owner: SettlementTerms
    domain_of:
    - SettlementBase
    range: string
  settlementDate:
    name: settlementDate
    description: The date on which the settlement amount will be paid, subject to
      adjustment in accordance with any applicable business day convention. This component
      would not be present for a mandatory early termination provision where the cash
      settlement payment date is the mandatory early termination date.
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    owner: SettlementTerms
    domain_of:
    - BillingRecordInstruction
    - TransferBase
    - NonDeliverableSubstitute
    - SettlementBase
    - AssetLeg
    range: SettlementDate
  settlementCentre:
    name: settlementCentre
    description: 'Optional settlement centre as an enumerated list: Euroclear, Clearstream.'
    deprecated: Marked [deprecated] in the CDM.
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    owner: SettlementTerms
    domain_of:
    - SettlementBase
    range: SettlementCentreEnum
  settlementProvision:
    name: settlementProvision
    description: Optionally defines the parameters that regulate a settlement.
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    owner: SettlementTerms
    domain_of:
    - SettlementBase
    range: SettlementProvision
  standardSettlementStyle:
    name: standardSettlementStyle
    description: Settlement Style.
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    owner: SettlementTerms
    domain_of:
    - SettlementBase
    range: StandardSettlementStyleEnum
  securitySettlementCentre:
    name: securitySettlementCentre
    description: Specifies the settlement centre of a security.
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    owner: SettlementTerms
    domain_of:
    - SettlementBase
    range: AssetAncillaryPartyRoleEnum
  cashSettlementCentre:
    name: cashSettlementCentre
    description: Specifies the settlement centre of cash.
    from_schema: https://w3id.org/lmodel/common-domain-model/cdm_product_common_settlement
    rank: 1000
    owner: SettlementTerms
    domain_of:
    - SettlementBase
    range: AssetAncillaryPartyRoleEnum
rules:
- preconditions:
    slot_conditions:
      cashSettlementTerms:
        name: cashSettlementTerms
        value_presence: PRESENT
      physicalSettlementTerms:
        name: physicalSettlementTerms
        value_presence: PRESENT
  postconditions:
    any_of:
    - slot_conditions:
        settlementType:
          name: settlementType
          equals_string: Election
    - slot_conditions:
        settlementType:
          name: settlementType
          equals_string: CashOrPhysical
  description: 'OptionSettlementChoice: The option settlement cannot combine both
    physical and cash terms specification.'
- preconditions:
    slot_conditions:
      cashSettlementTerms:
        name: cashSettlementTerms
        value_presence: PRESENT
  postconditions:
    none_of:
    - slot_conditions:
        settlementType:
          name: settlementType
          value_presence: PRESENT
          equals_string: Physical
  description: 'CashSettlementTerms: If the cash settlement terms are specified, then
    the settlementType can either be Cash, Election or CashOrPhysical'
- preconditions:
    slot_conditions:
      physicalSettlementTerms:
        name: physicalSettlementTerms
        value_presence: PRESENT
  postconditions:
    none_of:
    - slot_conditions:
        settlementType:
          name: settlementType
          value_presence: PRESENT
          equals_string: Cash
  description: 'PhysicalSettlementTerms: If the physical settlement terms are specified,
    then the settlementType can either be Physical, Election or CashOrPhysical'