Tag 1189
TimeToExpiration
Abbreviation:
TmToExpDescription
Time to expiration in years calculated as the number of days remaining to expiration divided by 365 days per year.
Wire Format & Usage Example
Single field (key=value)
1189=1.5
In a FIX message (ExecutionReport)
8=FIX.4.4 | 9=... | 35=8 | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 1189=1.5 | … | 10=...
Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 1189=1.5 is this field's position in the message.