ComplexEventPriceBoundaryPrecision

Tag 1488

ComplexEventPriceBoundaryPrecision

Abbreviation: PxBndryPrcsn
TypePercentage
Tag1488
AddedFIX.5.0SP1
Used in72 messages

Description

Used in combination with ComplexEventPriceBoundaryMethod to specify the percentage of the strike price in relation to the underlying price. The percentage is generally 100 or greater for puts and 100 or less for calls.

Wire Format & Usage Example

Single field (key=value)
1488=150.25
In a FIX message (ExecutionReport)
8=FIX.4.4 | 9=... | 35=8 | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 |  | 1488=150.25 |  | 10=...

Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 1488=150.25 is this field's position in the message.