Fixed Strike Terms
From Open Risk Manual
Definition
Fixed Strike Terms. Contractual terms setting out a fixed, pre-agreed price or level at which the option is to be struck.
This is similar to the FpML term for Strike, but there are two other types of Strike specification - look back and reset. FpML strike: 'Defines whether it is a price or level at which the option has been, or will be, struck.'
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.
Facts about "Fixed Strike Terms"
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/DER/DerivativesContracts/Options/index-en.html + |
