Description

Type: int

Used to limit instrument scope to puts or calls.

See PutOrCall <201> field for description.

Valid values:

  • 0 = Put

    Also used for the case in which the buyer of a Swaption has the right to enter into an IRS contract as a fixed-rate receiver or into a CDS contract as a seller of protection or for the case of a Floor.

  • 1 = Call

    Also used for the case in which the buyer of a Swaption has the right to enter into an IRS contract as a fixed-rate payer or into a CDS contract as a buyer of protection or for the case of a Cap.

  • 2 = Other

    In the context of ESMA RTS 22 reporting, this value may be used when, at the time of execution, the option right cannot be determined.

  • 3 = Chooser

    Indicates that the option buyer may choose to buy or sell the underlying security on exercise or if a Swaption to pay or receive the underlying IRS cash flow stream or to buy or sell CDS protection.

Used In