MaxPriceLevels

Tag 1090

MaxPriceLevels

Abbreviation: MxPxLvls
Typeint
Tag1090
AddedFIX.4.4
Used in8 messages

Description

Allows an order to specify a maximum number of price levels to trade through. Only valid for aggressive orders and during continuous (autoexecution) trading sessions. Property lost when order is put on book. A partially filled order is assigned last trade price as limit price. Non-filled order behaves as ordinary Market or Limit.

Wire Format & Usage Example

Single field (key=value)
1090=150.25
In a FIX message (ExecutionReport)
8=FIX.4.4 | 9=... | 35=8 | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 |  | 1090=150.25 |  | 10=...

Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 1090=150.25 is this field's position in the message.