FpML-Com Physically-settled options schema proposal and example gas trade

["Owen King" <Owen.King@xxxxxxxxxxxxxx>]

All,

 

Please find attached a revised proposal to add support for physically-settled options to the FpML commodities schema.

 

As discussed by the group previously, this proposal takes the approach that a physical option will result in a new physical forward transaction when exercised.

 

The schema (fpml-com-4-7.xsd) and supporting files are attached within a zip file. An example confirmation message representing a multiple-expiry natural gas option and an associated paper confirmation are also attached.

 

If you are planning to attend the scheduled call tomorrow, it would be appreciated if you could review this proposal prior to then.

 

Many thanks,

 

Owen King
+44 20 7071 0137

Attachment: com-ex23-physical-gas-option-multiple-expiration.doc
Description: com-ex23-physical-gas-option-multiple-expiration.doc

Attachment: com-ex23-physical-gas-option-multiple-expiration.xml
Description: com-ex23-physical-gas-option-multiple-expiration.xml

Attachment: fpml-com-4-7.zip
Description: fpml-com-4-7.zip