FIX 4.4 : PriceType <423> field

Type: int

Used In

Description

Code to represent the price type.

Valid values:

1 = Percentage (e.g. percent of par) (often called "dollar price" for fixed income)

2 = Per unit (i.e. per share or contract)

3 = Fixed Amount (absolute value)

4 = Discount - percentage points below par

5 = Premium - percentage points over par

6 = Spread

7 = TED price

8 = TED yield

9 = Yield

10 = Fixed cabinet trade price (primarily for listed futures and options)

11 = Variable cabinet trade price (primarily for listed futures and options)

(For Financing transactions PriceType <423> implies the "repo type" - Fixed or Floating - '9' (Yield) or '6' (Spread) respectively - and Price<44> gives the corresponding "repo rate".

Used In

Onix Solutions