TargetStrategy <847> field – FIX 4.4 – FIX Dictionary

Used In

Description

The target strategy of the order

Example values:

1 = VWAP

2 = Participate (i.e. aim to be x percent of the market volume)

3 = Mininize market impact

1000+ = Reserved and available for bi-laterally agreed upon user defined values

Used In

• Execution Report <8>

• New Order Multileg <AB>

• Multileg Order Cancel/Replace <AC>

• New Order Single <D>

• New Order List <E>

• Order Cancel/Replace Request <G>

• New Order Cross <s>

• Cross Order Cancel/Replace Request <t>