Tag 1048

DealingCapacity

Abbreviation: DealingCpcty

TypePriceOffset

Tag1048

AddedFIX.4.4

Used in2 messages

Identifies role of dealer; Agent, Principal, RisklessPrincipal

Single field (key=value)

1048=0.25

In a FIX message (MarketDataSnapshotFullRefresh)

8=FIX.4.4 | 9=... | 35=W | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 1048=0.25 | … | 10=...

Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 1048=0.25 is this field's position in the message.