 Option D |
6*35x |
(Narrative) |
Conditional (see rule C6) in mandatory sequence A
This field contains additional information concerning the terms and conditions of the underlying agreement.
This field may contain one of the following codes:
| BRDN |
Direction of the barrier is down, optionally followed by the barrier rate. |
| BRUP |
Direction of the barrier is up, optionally followed by the barrier rate. |
| TRDN |
Direction of the trigger is down, optionally followed by the trigger rate. |
| TRUP |
Direction of the trigger is up, optionally followed by the trigger rate. |
This field may contain additional information related to termination events, pricing sources, settlement rate sources etc. for non deliverable options.
Bilaterally agreed code words may be used in this field.
When codes are used, each code must be put between slashes and appear at the beginning of a line. Each character in a code must be in upper case. Codes must be sorted in alphabetical order.
The direction of a barrier or a trigger (up or down) is defined following numerical order.
When an option with American or Bermudan expiration style may be exercised before Final Settlement Date, the code /EARL/ followed by the number of business days should be used.
