 Option E |
4!c |
Mandatory in mandatory sequence A
This field specifies the expiration style.
Expiration Style must contain one of the following codes (Error code(s): T66):
| AMER |
American: the option can be exercised on any date prior to and including expiration date as agreed by the parties to the trade. |
| ASIA |
Asian: the option can be exercised on the expiration date which is the last day of the determination period that is used to calculate the value of the underlying instrument of the option. |
| BERM |
Bermudan or Mid-Atlantic: the option can be exercised on predetermined exercise dates as agreed to by the counterparts. |
| EURO |
European: the option can be exercised on expiration date, at or before expiration time. |
