FIX 4.3 : PositionEffect(formerly named: OpenClose prior to FIX 4.3) <77> field

Type: char

Used In


Indicates whether the resulting position after a trade should be an opening position or closing position. Used for omnibus accounting - where accounts are held on a gross basis instead of being netted together.

Valid values:

O = Open

C = Close

R = Rolled


Used In