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FIX TAG 849

ParticipationRate

PercentageAdded FIX.4.4Deprecated FIX.5.0

Definition

For a TargetStrategy=Participate order specifies the target particpation rate. For other order types this is a volume limit (i.e. do not be more than this percent of the market volume)

Additional detail from the official source

The StrategyParametersGrp repeating group is used instead to convey target strategy parameters and values.

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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

PropertyFIX 5.0 SP2FIX Latest · EP309
Additional source detailNot markedThe StrategyParametersGrp repeating group is used instead to convey target strategy parameters and values.

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

About the Percentage data type

float field representing a percentage (e.g. 0.05 represents 5% and 0.9525 represents 95.25%). Note the number of decimal places may vary.

Used in messages 8

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