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FIX TAG 1144

ImpliedMarketIndicator

intAdded FIX.5.0 · EP42

Definition

Indicates that an implied market should be created for either the legs of a multi-leg instrument (Implied-in) or for the multi-leg instrument based on the existence of the legs (Implied-out). Determination as to whether implied markets should be created is generally done at the level of the multi-leg instrument. Commonly used in listed derivatives.

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

FIX 5.0 SP2 FIX Latest · EP309

No differences in name, type, definition text, deprecation, or enumerated values.

Values 4

ValueMeaning
0

Not implied

1

Implied-in - The existence of a multi-leg instrument is implied by the legs of that instrument

2

Implied-out - The existence of the underlying legs are implied by the multi-leg instrument

3

Both Implied-in and Implied-out

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").

Used in messages 8

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