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FIXtags

FIX TAG 2451

SettlPriceDeterminationMethod

intAdded FIX.5.0SP2 · EP190

Definition

Calculation method used to determine settlement price.

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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

This tag is not present in the FIX 5.0 SP2 source. There is no definition or value list to compare.

Values 10

ValueMeaning
0

Unknown

1

Last trade price

2

Last bid price

3

Last offer price

4

Mid price

Additional detail from the official source

The price at the mid-point between last bid and last offer price.

5

Average last trade price

Additional detail from the official source

The average price across a bi-laterally agreed number of trades, e.g. last five trades.

6

Average last trade period

Additional detail from the official source

Average price across bi-laterally agreed time period, e.g. last minute of trading.

7

Underlying price

Additional detail from the official source

Based on price of underlying instrument.

8

Calculated price

Additional detail from the official source

Other calculation method, e.g. theoretical price.

9

Manual price

Additional detail from the official source

Manually entered price.

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 3

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