FIX 5.0 SP1 : <PriceLimits> component block

Structure | Used In

Description

Structure

Tag Field Name Req'd Comments
1306 PriceLimitType N Describes the how the price limits are expressed
1148 LowLimitPrice N Allowable low limit price for the trading day. A key parameter in validating order price. Used as the lower band for validating order prices. Orders submitted with prices below the lower limit will be rejected
1149 HighLimitPrice N Allowable high limit price for the trading day. A key parameter in validating order price. Used as the upper band for validating order prices. Orders submitted with prices above the upper limit will be rejected
1150 TradingReferencePrice N Reference price for the current trading price range usually representing the mid price between the HighLimitPrice and LowLimitPrice. The value may be the settlement price or closing price of the prior trading day.

Used In