Hierarchy
EA-FINSERV (Software Component) SAP Enterprise Extension Financial Services⤷
FIN-FSCM-TRM-TM (Application Component) Transaction Manager⤷
FTR_GDPDU (Package) FTR_GDPDU
Basic Data
| Data Element | FTR_GDPDU_PRKUR |
| Short Description | Currency Option Premium with Price in Points |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | CHAR14 | |
| Data Type | CHAR | Character String |
| Length | 14 | |
| Decimal Places | 0 | |
| Output Length | 14 | |
| Value Table |
Further Characteristics
| Search Help: Name | ||
| Search Help: Parameters | ||
| Parameter ID | ||
| Default Component name | ||
| Change document | ||
| No Input History | ||
| Basic direction is set to LTR | ||
| No BIDI Filtering |
Field Label
| Length | Field Label | |
| Short | 10 | Points |
| Medium | 15 | Price in Points |
| Long | 20 | Premium in Price Pts |
| Heading | 5 | Pts. |
Documentation
Definition
The option premium amount is the option price applied to the option amount in leading or following currency. The premium currency determines which amount is used.
- Premium currency = following currency of the option:
The premium price corresponds to the strike price. In this case, the leading currency is used for calculating the option premium. - Premium currency = leading currency:
The premium price corresponds to the inverse of the strike quotation. In this case, the following currency is used for calculating the option premium.
Note:
You can quote the option price in points or percent. To do this, select point-quoted or percent-quoted.
Example
You have purchased an option of 1,000,000 EUR at a rate of 1.1800 USD per EUR:
Option EUR/USD, Strike price 1.1800
In this example, EUR is the leading currency and USD is the following currency. The resulting amounts are as follows:
Leading currency amount EUR 1,000,000.00
Following currency amount USD 1,180,000.00
Option price quoted in points Option price quoted in percent
Premium currency USD Option price = 0.0010 Option price = 0.1
Premium amount = USD 1,000.00 Premium amount = USD 1,180.00
Premium currency EUR Option price = 0.0010 Option price = 0.1
Premium amount = EUR 1,180.00 Premium amount = EUR 1,000.00
Further notes
You determine the leading currency for a currency pair in Customizing by choosing Define Leading Currency.
History
| Last changed by/on | SAP | 20040315 |
| SAP Release Created in | 110 |
