Home / FIX.4.4 / Fields / Tag 388

DiscretionInst

Tag 388

DiscretionInst

Abbreviation: DsctnInst
Typechar
Tag388
AddedFIX.4.2
Used in8 messages

Description

Code to identify the price a DiscretionOffsetValue (389) is related to and should be mathematically added to

Wire Format & Usage Example

Single field (key=value)
388=0 (RelatedToDisplayedPrice)
In a FIX message (ExecutionReport)
8=FIX.4.4 | 9=... | 35=8 | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 388=0 (RelatedToDisplayedPrice) | … | 10=...

Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 388=0 (RelatedToDisplayedPrice) is this field's position in the message.

All valid values
WireNameDescription
388=0RelatedToDisplayedPriceRelated to displayed price
388=1RelatedToMarketPriceRelated to market price
388=2RelatedToPrimaryPriceRelated to primary price
388=3RelatedToLocalPrimaryPriceRelated to local primary price
388=4RelatedToMidpointPriceRelated to midpoint price
388=5RelatedToLastTradePriceRelated to last trade price
388=6RelatedToVWAPRelated to VWAP

Enumerated Values

7
ValueSymbolic NameDescriptionAdded
0RelatedToDisplayedPriceRelated to displayed priceFIX.4.2
1RelatedToMarketPriceRelated to market priceFIX.4.2
2RelatedToPrimaryPriceRelated to primary priceFIX.4.2
3RelatedToLocalPrimaryPriceRelated to local primary priceFIX.4.2
4RelatedToMidpointPriceRelated to midpoint priceFIX.4.2
5RelatedToLastTradePriceRelated to last trade priceFIX.4.2
6RelatedToVWAPRelated to VWAPFIX.4.4

Used in Messages

8
tCrossOrderCancelReplaceRequest8ExecutionReportACMultilegOrderCancelReplacesNewOrderCrossENewOrderListABNewOrderMultilegDNewOrderSingleGOrderCancelReplaceRequest