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FIXtags

FIX TAG 891

MiscFeeBasis

intAdded FIX.4.4

Definition

Defines the unit for a miscellaneous fee.

Compare versions

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

FIX 5.0 SP2 FIX Latest · EP309

Value text or deprecation changed 3

ValueFIX 5.0 SP2FIX Latest · EP309
0AbsoluteAbsolute
Additional source detail

The fee or markup is a total fixed amount expressed in the currency of the trade.

1Per UnitPer Unit
Additional source detail

The fee or markup is an amount per quantity unit, i.e. per share or contract, expressed in the currency of the trade.

2PercentagePercentage
Additional source detail

The percentage is expressed in standard FIX "Percentage" datatype format, i.e. "0.01" for 1 percent and ranges between 0 and 1. It is the number which when multiplied by the trade price and quantity produces the total amount of the fee or markup.

Values 3

ValueMeaning
0

Absolute

Additional detail from the official source

The fee or markup is a total fixed amount expressed in the currency of the trade.

1

Per Unit

Additional detail from the official source

The fee or markup is an amount per quantity unit, i.e. per share or contract, expressed in the currency of the trade.

2

Percentage

Additional detail from the official source

The percentage is expressed in standard FIX "Percentage" datatype format, i.e. "0.01" for 1 percent and ranges between 0 and 1. It is the number which when multiplied by the trade price and quantity produces the total amount of the fee or markup.

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 12

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