FIX.Latest_EP292 Component

DiscretionInstructions

<DiscInstr>

The presence of DiscretionInstructions component block on an order indicates that the trader wishes to display one price but will accept trades at another price.


Pedigree Added FIX.4.4

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Field or ComponentField NameAbbr NameReq'dCommentsPedigree
388DiscretionInstDsctnInst What the discretionary price is related to (e.g. primary price, display price etc)Added FIX.4.4
389DiscretionOffsetValueOfstValu Amount (signed) added to the related to price specified via DiscretionInst, in the context of DiscretionOffsetTypeAdded FIX.4.4
841DiscretionMoveTypeMoveTyp Describes whether discretion price is static/fixed or floatsAdded FIX.4.4
842DiscretionOffsetTypeOfstTyp Type of Discretion Offset (e.g. price offset, tick offset etc)Added FIX.4.4
843DiscretionLimitTypeLimitTyp Specifies the nature of the resulting discretion price (e.g. or better limit, strict limit etc)Added FIX.4.4
844DiscretionRoundDirectionRndDir If the calculated discretion price is not a valid tick price, specifies how to round the price (e.g. to be more or less aggressive)Added FIX.4.4
846DiscretionScopeScope The scope of related to price of the discretion (e.g. local, global etc)Added FIX.4.4


Used in messages:
[CrossOrderCancelReplaceRequest][ExecutionReport][MultilegOrderCancelReplace][NewOrderCross][NewOrderMultileg][NewOrderSingle][OrderCancelReplaceRequest]

Used in components:
[ListOrdGrp]