FIX 5.0 SP2 : PegRoundDirection <838> field

Type: int

Used In

Description

If the calculated peg price is not a valid tick price, specifies whether to round the price to be more or less aggressive

Valid values:

1 = More aggressive - on a buy order round the price up to the nearest tick; on a sell order round down to the nearest tick

2 = More passive - on a buy order round down to the nearest tick; on a sell order round up to the nearest tick

Used In