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FIXtags

FIX TAG 1089

MatchIncrement

QtyAdded FIX.4.4 · EP22

Definition

Allows orders to specify a minimum quantity that applies to every execution (one execution could be for multiple counter-orders). The order may still fill against smaller orders, but the cumulative quantity of the execution must be in multiples of the MatchIncrement.

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Differences between the selected source snapshots, including wording and errata; not a migration guide.

FIX 4.4 FIX 5.0 SP2

This tag is not present in the FIX 4.4 source. There is no definition or value list to compare.

No enumerated values are defined for this field in this source.

About the Qty data type

float field capable of storing either a whole number (no decimal places) of "shares" (securities denominated in whole units) or a decimal value containing decimal places for non-share quantity asset classes (securities denominated in fractional units).

Used in messages 8

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