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Fee Basis

Fee Basis​

Acronym: FEB
Identifier: feeBasis
Group: Fees
Type: Enum
Default: ``

Description​

Basis, on which Fee is calculated. For FEB=’A’, FER is interpreted as an absolute amount to be paid at every FP event and for FEB=’N’, FER represents a rate at which FP amounts accrue on the basis of the contract’s NT.

Allowed Values​

  • Absolute Value (A) (absoluteValue / 0): The fee rate represents an absolute value.
  • Nominal Value of the Underlying (N) (nonimalValueOfTheUnderlying / 1): The fee rate represents a rate that accrues fees on the basis of the nominal value of the underlying.