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title: "FIX 5.0 SP2 EP292: LegSettlMethodElectionDateBusinessDayConvention <42575> field – FIX Dictionary – Onix Solutions"
description: " "
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# LegSettlMethodElectionDateBusinessDayConvention <42575> field
## FIX 5.0 SP2 EP292
### Description
Type: [int](https://www.onixs.biz/fix-dictionary/5.0.sp2.ep292/index.html#int)
The settlement method election date adjustment business day convention.
Valid values:
- 0 = Not applicable
Business day convention is not applicable.
- 1 = None (current day)
- 2 = Following day
The following business day.
- 3 = Floating rate note
The FRN business day convention.
- 4 = Modified following day
The modified following business day.
- 5 = Preceding day
The preceding business day.
- 6 = Modified preceding day
The modified preceding business day.
- 7 = Nearest day
The nearest applicable business day.
### Used In
- [](https://www.onixs.biz/fix-dictionary/5.0.sp2.ep292/compBlock_LegSettlMethodElectionDate.html)
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