MatchAlgorithm

Tag 1142

MatchAlgorithm

Abbreviation: MtchAlgo
TypeString
Tag1142
AddedFIX.5.0
Used in8 messages

Description

The types of algorithm used to match orders in a specific security. Possilbe value types are FIFO, Allocation, Pro-rata, Lead Market Maker, Currency Calender.

Wire Format & Usage Example

Single field (key=value)
1142=EXAMPLE
In a FIX message (SecurityDefinition)
8=FIX.4.4 | 9=... | 35=d | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 |  | 1142=EXAMPLE |  | 10=...

Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 1142=EXAMPLE is this field's position in the message.