Proposition 2
Tag 04US, permanent. Cite it as [Bourbaki, Tag 04US].
Commutative Algebra, chapter VI, § 5. The topology defined by a valuation
Let be a not necessarily commutative field, a non-improper valuation on , the ring of and the ideal of . For with the topology to be locally compact, it is necessary and sufficient that the following conditions be fulfilled:
(i) is complete; (ii) is discrete; (iii) the residue field is finite.
If so, is compact.
Suppose is locally compact. Then it is complete (General Topology, Chapter 111, , no. 3, Corollary 1 to Proposition 4); further there exists a compact neighbourhood of 0, which contains a neighbourhood , where belongs to the value group of ; in other words, there exists in such that is compact and it follows that is compact. As every ideal of is open, is compact and discrete (General Topology, Chapter III, , no. 5, Proposition 14) and therefore finite and in particular is finite. Moreover, for in , the ring being finite, there is only a finite number of ideals of containing and the set of elements of the form such that
is finite; as is totally ordered, has a least element . Then for all such that , either , or and then by definition, so that is the least of the elements of . As is finite, there is a greatest integer such that , whence my \leq v(y) < (m+1)\gamma. We deduce that 0 \leq v(y) - my < y and by definition of y this implies . Therefore and the valuation is discrete.
Conversely, suppose conditions (i), (ii), (iii) hold. We may restrict our attention to the case where is normed; let be a uniformizer for . Then and hence is finite. As defines by taking quotients an isomorphism of the additive group onto , is finite for all . As is closed in , it is complete and hence isomorphic to the inverse limit of the (General Topology, Chapter 111, § 7, no. 3, Proposition 2) and therefore compact. Since is open in , it is therefore seen that is locally compact.
Bourbaki puts the proof directly after the statement, so what is above is the statement and its proof together.