 Option F |
9a |
(Type) |
Mandatory in mandatory sequence A
This field indicates how settlement is to be effected.
Type must be one of the following codes (Error code(s): T60):
| NETCASH |
The underlying amount of the option is to be compensated against a foreign exchange deal and the seller of the option will settle the difference, in the counter currency, with the buyer. |
| PRINCIPAL |
The underlying currency amount and the counter currency amount are exchanged at the exercise of the option. |
