Tag 1069
SwapPoints
Abbreviation:
SwapPntsDescription
For FX Swap, this is used to express the differential between the far leg's bid/offer and the near leg's bid/offer. Value can be negative. Expressed in decimal form. For example, 61.99 points is expressed and sent as 0.006199
Wire Format & Usage Example
Single field (key=value)
1069=0.25
In a FIX message (NewOrderMultileg)
8=FIX.4.4 | 9=... | 35=AB | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 1069=0.25 | … | 10=...
Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 1069=0.25 is this field's position in the message.