The TickRules component specifies the rules for determining how a security ticks, i.e. the price increments which it can be quoted, traded, and for certain cases settled, depending on the current price of the security.

Added in protocol FIX.5.0

See in: FIX.5.0SP1, FIX.5.0SP2.

Field or Component Name Description Is Required Added Is Deprecated
1205 NoTickRules FIX.5.0
1206 StartTickPriceRange Required if NoTickRules (1205) > 0. FIX.5.0
1207 EndTickPriceRange FIX.5.0
1208 TickIncrement FIX.5.0
1209 TickRuleType FIX.5.0
2571 TickRuleProductComplex Can be used to limit tick rule to specific product suite. FIX.5.0SP2 (EP 195)
1830 SettlPriceIncrement FIX.5.0SP2 (EP 138)
1831 SettlPriceSecondaryIncrement FIX.5.0SP2 (EP 138)

Used in components