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The LegOptionExercise component is a subcomponent of the InstrumentLeg component used to specify option exercise provisions. Its purpose is to identify the opportunities and conditions for exercise, e.g. the schedule of dates on which exercise is allowed. The embedded LegOptionExerciseExpiration component is used to terminate the opportunity for exercise.

Added in protocol FIX.5.0SP2 (169)

Field or Component Name Description Is Required Added Is Deprecated
41481 LegExerciseDesc FIX.5.0SP2 (169)
41482 EncodedLegExerciseDescLen Must be set if EncodedLegExerciseDesc (41483) field is specified and must immediately precede it. FIX.5.0SP2 (169)
41483 EncodedLegExerciseDesc Encoded (non-ASCII characters) representation of the LegExerciseDesc (41481) field in the encoded format specified via the MessageEncoding (347) field. FIX.5.0SP2 (169)
41484 LegAutomaticExerciseIndicator FIX.5.0SP2 (169)
41485 LegAutomaticExerciseThresholdRate FIX.5.0SP2 (169)
41486 LegExerciseConfirmationMethod FIX.5.0SP2 (169)
41487 LegManualNoticeBusinessCenter FIX.5.0SP2 (169)
41488 LegFallbackExerciseIndicator FIX.5.0SP2 (169)
41489 LegLimitRightToConfirmIndicator FIX.5.0SP2 (169)
41490 LegExerciseSplitTicketIndicator FIX.5.0SP2 (169)
42391 LegSettlMethodElectingPartySide FIX.5.0SP2 (208)
Block LegSettlMethodElectionDate FIX.5.0SP2 (208)
Block LegOptionExerciseDates FIX.5.0SP2 (169)
Block LegOptionExerciseExpiration FIX.5.0SP2 (169)
Block LegOptionExerciseMakeWholeProvision FIX.5.0SP2 (208)

Used in components