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FIXtags

FIX TAG 1478

StrikePriceDeterminationMethod

intAdded FIX.5.0SP1 · EP92

Definition

Specifies how the strike price is determined at the point of option exercise. The strike may be fixed throughout the life of the option, set at expiration to the value of the underlying, set to the average value of the underlying , or set to the optimal value of the underlying. Conditionally, required if value is other than "fixed".

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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.

Values 4

ValueMeaning
1

Fixed Strike

2

Strike set at expiration to underlying or other value (lookback floating)

3

Strike set to average of underlying settlement price across the life of the option

4

Strike set to optimal value

About the int data type

Sequence of digits without commas or decimals and optional sign character (ASCII characters "-" and "0" - "9" ). The sign character utilizes one byte (i.e. positive int is "99999" while negative int is "-99999"). Note that int values may contain leading zeros (e.g. "00023" = "23"). Examples: 723 in field 21 would be mapped int as |21=723|. -723 in field 12 would be mapped int as |12=-723| The following data types are based on int.

Used in messages 72

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