Description
The TickRules component specifies the rules for determining how a security ticks, i.e. the price increments which it can be quoted, traded, and for certain cases settled, depending on the current price of the security.
Structure
| Tag | Field Name | Req'd | Comments | |
|---|---|---|---|---|
| 1205 | NoTickRules | N | Number of tick rules. This block specifies the rules for determining how a security ticks, i.e. the price increments at which it can be quoted and traded, depending on the current price of the security. | |
| → | 1206 | StartTickPriceRange | N | Starting price range for specified tick increment |
| → | 1207 | EndTickPriceRange | N | Ending price range for the specified tick increment |
| → | 1208 | TickIncrement | N | Tick increment for stated price range. Specifies the valid price increments at which a security can be quoted and traded |
| → | 1209 | TickRuleType | N | Specifies the type of tick rule which is being described |
| → | 2571 | TickRuleProductComplex | N |
Can be used to limit tick rule to specific product suite. |
| → | 1830 | SettlPriceIncrement | N | |
| → | 1831 | SettlPriceSecondaryIncrement | N | |