Tag 361
EncodedAllocText
Abbreviation:
EncAllocTextDescription
Encoded (non-ASCII characters) representation of the AllocText (6) field in the encoded format specified via the MessageEncoding (347) field. If used, the ASCII (English) representation should also be specified in the AllocText field.
Wire Format & Usage Example
Single field (key=value)
361=Order rejected: insufficient funds
In a FIX message (AllocationInstruction)
8=FIX.4.4 | 9=... | 35=J | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 361=Order rejected: insufficient funds | … | 10=...
Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 361=Order rejected: insufficient funds is this field's position in the message.