Type: char
Indicates whether the resulting position after a trade should be an opening position or closing position. Used for omnibus accounting – where accounts are held on a gross basis instead of being netted together.
Added in protocol FIX.2.7
See in: FIX.4.0, FIX.4.1, FIX.4.2, FIX.4.4, FIX.5.0, FIX.5.0SP1, FIX.5.0SP2, FIX.5.0SP2 EP240.
Valid values
Used in messages
- Allocation (J)
- Cross Order Cancel/Replace Request (a.k.a. Cross Order Modification Request) (t)
- Execution Report (8)
- Multileg Order Cancel/Replace (a.k.a. Multileg Order Modification Request) (AC)
- New Order – Cross (s)
- Order List (E)
- New Order – Multileg (AB)
- Order Single (D)
- Order Cancel/Replace Request (G)
- Trade Capture Report (AE)