NotionalPercentageOutstanding

Tag 1451

NotionalPercentageOutstanding

Abbreviation: NotlPctOut
TypePercentage
Tag1451
AddedFIX.5.0SP1
Used in72 messages

Description

Indicates the notional percentage of the deal that is still outstanding based on the remaining components of the index. Used to calculate the true value of a CDS trade or position.

Wire Format & Usage Example

Single field (key=value)
1451=0.05
In a FIX message (ExecutionReport)
8=FIX.4.4 | 9=... | 35=8 | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 |  | 1451=0.05 |  | 10=...

Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 1451=0.05 is this field's position in the message.