Tag 405
EFPTrackingError
Abbreviation:
Description
Eg Used in EFP trades 12% (EFP – Exchange for Physical ). Represented as a percentage.
Wire Format & Usage Example
Single field (key=value)
405=1.5
In a FIX message (BidRequest)
8=FIX.4.4 | 9=... | 35=k | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 405=1.5 | … | 10=...
Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 405=1.5 is this field's position in the message.