Component BaseTradingRules

FIX.5.0SP2 Component

BaseTradingRules

Added FIX.5.0 EP-1

	Field or Component	Field Name	FIXML name	Req'd	Comments	Depr.

Field or Component

Field Name

FIXML name

Req'd

Comments

Depr.

Component

TickRules

TickRules

This block specifies the rules for determining how a security ticks, i.e. the price increments at which it can be quoted and traded, depending on the current price of the security

Repeating Group 1205

NoTickRules

Number of tick rules. This block specifies the rules for determining how a security ticks, i.e. the price increments at which it can be quoted and traded, depending on the current price of the security.

1206	StartTickPriceRange	@StartTickPxRng	Starting price range for specified tick increment
1207	EndTickPriceRange	@EndTickPxRng	Ending price range for the specified tick increment
1208	TickIncrement	@TickIncr	Tick increment for stated price range. Specifies the valid price increments at which a security can be quoted and traded
1209	TickRuleType	@TickRuleTyp	Specifies the type of tick rule which is being described

end Repeating Group

end Component

Component

LotTypeRules

LotTypeRules

Specifies the lot types that are valid for trading.

Repeating Group 1234

NoLotTypeRules

Number of Lot Types

	1093	LotType	@LotTyp		Defines the lot type assigned to the order. Use as an alternate to RoundLot(561). To be used with MinLotSize(1231). LotType + MinLotSize ( max is next level minus 1)
	1231	MinLotSize	@MinLotSz		Minimum lot size allowed based on lot type specified in LotType(1093)

end Repeating Group

end Component

Component

PriceLimits

PxLmts

Specifies the price limits that are valid for trading.

1306	PriceLimitType	@PxLmtTyp	Describes the how the price limits are expressed
1148	LowLimitPrice	@LowLmtPx	Allowable low limit price for the trading day. A key parameter in validating order price. Used as the lower band for validating order prices. Orders submitted with prices below the lower limit will be rejected
1149	HighLimitPrice	@HiLmtPx	Allowable high limit price for the trading day. A key parameter in validating order price. Used as the upper band for validating order prices. Orders submitted with prices above the upper limit will be rejected
1150	TradingReferencePrice	@TrdgRefPx	Reference price for the current trading price range usually representing the mid price between the HighLimitPrice and LowLimitPrice. The value may be the settlement price or closing price of the prior trading day.

end Component

@ExpirationCycle

@MinTrdVol

The minimum order quantity that can be submitted for an order.

1140

MaxTradeVol

@MaxTrdVol

The maximum order quantity that can be submitted for a security. For listed derivatives this indicates the minimum quantity necessary for an order or trade to qualify as a block trade

1143

MaxPriceVariation

@MxPxVar

The maximum price variation of an execution from one event to the next for a given security. Expressed in absolute price terms.

1144

ImpliedMarketIndicator

@ImpldMktInd

1245

TradingCurrency

@TrdCcy

Used when the trading currency can differ from the price currency

561

RoundLot

@RndLot

Trading lot size of security

1377

MultilegModel

@MlegModel

Used for multileg security only. Defines whether the security is pre-defined or user-defined. Not that value = 2 (User-defined, Non-Securitized, Multileg) does not apply for Securities.

1378

MultilegPriceMethod

@MlegPxMeth

Used for multileg security only. Defines the method used when applying the multileg price to the legs.

423

PriceType

@PxTyp

Defines the default Price Type used for trading.

FIX.5.0SP2 Component

BaseTradingRules

<BaseTrdgRules>