Description
Type: int
Defines the unit for a miscellaneous fee.
Valid values:
- 0 = Absolute
-
1 = Per Unit
The fee or markup is an amount per quantity unit, i.e. per share or contract, expressed in the currency of the trade.
-
2 = Percentage
The percentage is expressed in standard FIX "Percentage" datatype format, i.e. "0.01" for 1 percent and ranges between 0 and 1. It is the number which when multiplied by the trade price and quantity produces the total amount of the fee or markup.