Tag 494
Designation
Abbreviation:
DesignationDescription
Free format text defining the designation to be associated with a holding on the register. Used to identify assets of a specific underlying investor using a common registration, e.g. a broker's nominee or street name.
Wire Format & Usage Example
Single field (key=value)
494=EXAMPLE
In a FIX message (ExecutionReport)
8=FIX.4.4 | 9=... | 35=8 | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 494=EXAMPLE | … | 10=...
Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 494=EXAMPLE is this field's position in the message.