<?xml version="1.0" encoding="UTF-8" ?>
<!--View is confirmation-->
<!--Version is 5-10-->
<!--NS is http://www.fpml.org/FpML-5/confirmation-->
<!--
  == Copyright (c) 2014-2018 All rights reserved.
  == Financial Products Markup Language is subject to the FpML public license.
  == A copy of this license is available at http://www.fpml.org/license/license.html
  -->
<!--
fx-ex55-fx-accrual-american-option

2. Settlement terms:
On the Expiration Date at the Expiration Time, the Buyer shall have the right to enter into the following transaction to be settled on the Settlement Date:
  	Buyer Buys: 	EUR Notional Amount x Number of Accrual Days / Total Number of Fixing Dates
  	Buyer Sells: 	HKD Notional Amount x Number of Accrual Days / Total Number of Fixing Dates
-->
<executionNotification
    xmlns="http://www.fpml.org/FpML-5/confirmation"
    xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
    fpmlVersion="5-10"
    xsi:schemaLocation="http://www.fpml.org/FpML-5/confirmation ../../fpml-main-5-10.xsd http://www.w3.org/2000/09/xmldsig# ../../xmldsig-core-schema.xsd"
>
    <header>
        <messageId messageIdScheme="http://www.executionnotificationservice.com/coding-scheme/messageId">FX456a789b</messageId>
        <sentBy messageAddressScheme="http://www.executionnotificationservice.com/partyId">EXECSRV</sentBy>
        <sendTo messageAddressScheme="http://www.executionnotificationservice.com/partyId">PARTYA</sendTo>
        <creationTimestamp>2014-06-24T08:57:00Z</creationTimestamp>
    </header>
    <isCorrection>false</isCorrection>
    <trade>
        <tradeHeader>
            <partyTradeIdentifier>
                <partyReference href="partyA" />
                <tradeId tradeIdScheme="#partyA">12345</tradeId>
            </partyTradeIdentifier>
            <tradeDate>2014-06-24</tradeDate>
        </tradeHeader>
        <fxAccrualOption>
            <productType productTypeScheme="http://www.fpml.org/coding-scheme/product-type-simple">FxAccrualOption</productType>
            <buyerPartyReference href="partyB" />
            <sellerPartyReference href="partyA" />
            <putCurrency>HKD</putCurrency>
            <callCurrency>EUR</callCurrency>
            <notionalAmount>
                <initialValue>14018691.59</initialValue>
                <currency>EUR</currency>
            </notionalAmount>
            <!--Accrual Process - describes the accrual process-->
            <accrual>
                <observable id="ob1">
                    <!--what it is you are measuring.-->
                    <quotedCurrencyPair>
                        <currency1>EUR</currency1>
                        <currency2>HKD</currency2>
                        <quoteBasis>Currency2PerCurrency1</quoteBasis>
                    </quotedCurrencyPair>
                    <!--Describes the source the accrual event based on-->
                    <informationSource>
                        <rateSource>Reuters</rateSource>
                        <rateSourcePage>ECB37</rateSourcePage>
                        <fixingTime>
                            <hourMinuteTime>14:15:00</hourMinuteTime>
                            <businessCenter>DEFR</businessCenter>
                        </fixingTime>
                    </informationSource>
                </observable>
                <!-- Defines a barrier boundary to the accrual region. -->
                <accrualRegion>
                    <observableReference href="ob1" />
                    <lowerBound>
                        <condition>Above</condition>
                        <!-- This is EURmart -->
                        <level>
                            <!--will trigger an accrual and indicates where you are-->
                            <initialValue>10.7500</initialValue>
                        </level>
                    </lowerBound>
                </accrualRegion>
                <!--the dates when you are mesuaring-->
                <fixingSchedule>
                    <startDate>2014-06-25</startDate>
                    <endDate>2014-09-30</endDate>
                    <dayType>Business</dayType>
                    <businessCenters>
                        <businessCenter>EUTA</businessCenter>
                    </businessCenters>
                    <numberOfFixings>70</numberOfFixings>
                </fixingSchedule>
            </accrual>
            <expiryDate>
                <dateAdjustments>
                    <businessDayConvention>FOLLOWING</businessDayConvention>
                    <businessCenters>
                        <businessCenter>FRPA</businessCenter>
                        <businessCenter>GBLO</businessCenter>
                    </businessCenters>
                </dateAdjustments>
                <adjustedDate>2014-09-30</adjustedDate>
                <expiryTime>
                    <hourMinuteTime>10:00:00</hourMinuteTime>
                    <businessCenter>USNY</businessCenter>
                </expiryTime>
            </expiryDate>
            <settlementDate>
                <dateAdjustments>
                    <!--optional component-->
                    <businessDayConvention>FOLLOWING</businessDayConvention>
                    <businessCenters>
                        <businessCenter>EUTA</businessCenter>
                        <businessCenter>HKHK</businessCenter>
                    </businessCenters>
                </dateAdjustments>
                <adjustedDate>2014-10-06</adjustedDate>
            </settlementDate>
            <strike>
                <initialValue>10.7000</initialValue>
                <strikeQuoteBasis>PutCurrencyPerCallCurrency</strikeQuoteBasis>
            </strike>
            <counterCurrencyAmount>
                <initialValue>150000000.00</initialValue>
                <currency>HKD</currency>
            </counterCurrencyAmount>
            <barrier>
                <barrierType>Knockout</barrierType>
                <style>American</style>
                <scope>Global</scope>
                <condition>Below</condition>
                <triggerRate>
                    <initialValue>10.7700</initialValue>
                </triggerRate>
                <accrualRetention>Keep</accrualRetention>
            </barrier>
        </fxAccrualOption>
        <calculationAgent>
            <calculationAgentPartyReference href="partyA" />
        </calculationAgent>
    </trade>
    <party id="partyA">
        <partyId partyIdScheme="http://www.fpml.org/coding-scheme/external/iso17442">549300SRLRVTR996F086</partyId>
    </party>
    <party id="partyB">
        <partyId partyIdScheme="http://www.fpml.org/coding-scheme/external/iso17442">549300RE0FSXJE8G1L65</partyId>
    </party>
</executionNotification>
