Equity Index Option OTC Contract
Definition
Equity Index Option OTC Contract. An option in which the underlyer is an equity index.
Issues and Challenges
Created to capture terms specific to index options. Note however that in FpML, there are no additional and different terms for basket options, so it maybe assumed that terms such as contract multiplier, which are defined for index options, are also applicable to basket options (a basket being a locally defined collection of securities which is otherwise similar to a published index of shares). Outcome of above question: see notes from 03 Feb review. The Basket Option must have an Annex which details the basket constituents. Also we are to add Contract types here for Basket Option contract and Custom Index Option.
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/DER/AssetDerivatives/EquityOptions/index-en.html + |
