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FIXtags

FIX TAG 468

RoundingDirection

charAdded FIX.4.3

Definition

Specifies which direction to round For CIV – indicates whether or not the quantity of shares/units is to be rounded and in which direction where CashOrdQty (52) or (for CIV only) OrderPercent (56) are specified on an order. The default is for rounding to be at the discretion of the executing broker or fund manager. e.g. for an order specifying CashOrdQty or OrderPercent if the calculated number of shares/units was 325.76 and RoundingModulus (469) was 0 – "round down" would give 320 units, "round up" would give 330 units and "round to nearest" would give 320 units.

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FIX 4.2 FIX 4.4

This tag is not present in the FIX 4.2 source. There is no definition or value list to compare.

Values 3

ValueMeaning
0

Round to nearest

1

Round down

2

Round up

About the char data type

Single character value, can include any alphanumeric character or punctuation except the delimiter. All char fields are case sensitive (i.e. m != M).

Used in messages 18

Includes nested components and repeating groups. Open a location to see its surrounding requirements.