Tag 700
ReversalIndicator
Abbreviation:
ReversalIndDescription
Indicates a trade that reverses a previous trade.
Wire Format & Usage Example
Single field (key=value)
700=Y
In a FIX message (AllocationInstruction)
8=FIX.4.4 | 9=... | 35=J | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 700=Y | … | 10=...
Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 700=Y is this field's position in the message.