Hierarchy
PI_BASIS (Software Component) Basis Plug-In⤷
CA-GTF-TRB (Application Component) Financial Risk Management Basis⤷
FTR_BASIS_PERSISTENCY (Package) Treasury Basis Objects - Data Persistency
Basic Data
| Data Element | TBA_DCS_MIN_STRIKE_MVMNT |
| Short Description | Minimum Strike Price Movement |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | TBA_DEC13_7 | |
| Data Type | DEC | Counter or amount field with comma and sign |
| Length | 13 | |
| Decimal Places | 7 | |
| Output Length | 15 | |
| 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 | Strike |
| Medium | 20 | Min. Strike Price |
| Long | 30 | Minimum Strike Price Movement |
| Heading | 30 | Minimum Strike Price Movement |
Documentation
Definition
The strike price specifies the price at which a listed option can be exercised (exercise price). It is the fixed price at which the owner of an option can purchase or sell the underlying security or commodity regardless of the spot price (market price) of the underlying instrument at that time.
The minimum strike price movement specifies the smallest unit by which the strike price can move.
Use
Derivative contract specifications typically contain rules and conditions with regard to the minimum strike price movement in form of ranges.
Dependencies
Example
For the strike price range from USD 25 to USD 9,975, the minimum strike price movement is USD 25.
For the strike price range from USD 10,000 to USD 19,950, the minimum strike price movement is USD 50.
For all strike prices over USD 20,000, the minimum strike price movementis USD 100.
History
| Last changed by/on | SAP | 20130604 |
| SAP Release Created in | 740 |
