MDEntryForwardPoints

Tag 1027

MDEntryForwardPoints

Abbreviation: MDEntryFwdPnts
TypePriceOffset
Tag1027
AddedFIX.4.4
Used in2 messages

Description

Used for an F/X entry. The forward points to be added to or subtracted from the spot rate to get the "all-in" rate in MDEntryPx. Expressed in decimal form. For example, 61.99 points is expressed and sent as 0.006199

Wire Format & Usage Example

Single field (key=value)
1027=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 |  | 1027=0.25 |  | 10=...

Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 1027=0.25 is this field's position in the message.