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title: <BaseTradingRules> component block – FIX 5.0 SP2 – FIX Dictionary – Onix Solutions
description: <BaseTradingRules> component block – FIX 5.0 SP2 – FIX Dictionary – Onix Solutions
---

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# <BaseTradingRules> component block – FIX 5.0 SP2 – FIX Dictionary

| Messages by MsgType \| Messages by Name \| Fields by Tag \| Fields by Name \| FIX 5.0 SP2 \| Home FIX 5.0 SP2 : <BaseTradingRules> component block Structure \| Used In Description Structure Tag Field Name Req'd Comments Component Block - <TickRules> N 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 Component Block - <LotTypeRules> N Specifies the lot types that are valid for trading. Component Block - <PriceLimits> N Specifies the price limits that are valid for trading. 827 ExpirationCycle N 562 MinTradeVol N The minimum order quantity that can be submitted for an order. 1140 MaxTradeVol N The maximum order quantity that can be submitted for a security. For listed derivatives this indicates the minimum quantity necessary for an order or trade to qualify as a block trade 1143 MaxPriceVariation N The maximum price variation of an execution from one event to the next for a given security. Expressed in absolute price terms. 1144 ImpliedMarketIndicator N 1245 TradingCurrency N Used when the trading currency can differ from the price currency 561 RoundLot N Trading lot size of security 1377 MultilegModel N Used for multileg security only. Defines whether the security is pre-defined or user-defined. Not that value = 2 (User-defined, Non-Securitized, Multileg) does not apply for Securities. 1378 MultilegPriceMethod N Used for multileg security only. Defines the method used when applying the multileg price to the legs. 423 PriceType N Defines the default Price Type used for trading. Used In <SecurityTradingRules> MarketDefinition <BU> MarketDefinitionUpdateReport <BV> |
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