Tag 231
ContractMultiplier
Abbreviation:
Description
Specifies the ratio or multiply factor to convert from contracts to shares (e.g. 1.0, 100, 1000, etc). Applicable For Fixed Income, Convertible Bonds, Derivatives, etc. Note: If used, quantities should be expressed in the "nominal" (e.g. contracts vs. shares) amount.
Wire Format & Usage Example
Single field (key=value)
231=1.5
In a FIX message (ExecutionReport)
8=FIX.4.4 | 9=... | 35=8 | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 231=1.5 | … | 10=...
Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 231=1.5 is this field's position in the message.
Used in Messages
267AdvertisementJAllocationQDontKnowTradeCEmail8ExecutionReport6IOImListStrikePriceXMarketDataIncrementalRefreshVMarketDataRequestWMarketDataSnapshotFullRefreshiMassQuoteBNewsGOrderCancelReplaceRequestFOrderCancelRequestEOrderListDOrderSingleHOrderStatusRequestSQuotebQuoteAcknowledgementZQuoteCancelRQuoteRequestaQuoteStatusRequestdSecurityDefinitioncSecurityDefinitionRequestfSecurityStatuseSecurityStatusRequest