Tag 405

EFPTrackingError

Abbreviation: EFPTrkngErr

TypePercentage

Tag405

AddedFIX.4.2

Used in1 messages

Eg Used in EFP trades 2% (EFP – Exchange for Physical ). Represented as a percentage.

Single field (key=value)

405=0.05

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=0.05 | … | 10=...

Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 405=0.05 is this field's position in the message.