Tag 407
OutsideIndexPct
Abbreviation:
OutsideNdxPctDescription
Used in EFP trades. Represented as a percentage.
Wire Format & Usage Example
Single field (key=value)
407=1 (Buy)
In a FIX message (BidRequest)
8=FIX.4.4 | 9=... | 35=k | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 407=1 (Buy) | … | 10=...
Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 407=1 (Buy) is this field's position in the message.