Type: char

Specifies the basis or unit used to calculate the total commission based on the rate.

Added in protocol FIX.2.7

See in: FIX.4.0, FIX.4.1, FIX.4.2, FIX.4.3, FIX.4.4, FIX.5.0, FIX.5.0SP1, FIX.5.0SP2.

Valid values

Value Description Added
1 Amount per unit FIX.2.7
2 Percent FIX.2.7
3 Absolute FIX.2.7
4 Percentage waived, cash discount basis FIX.4.3
5 Percentage waived, enhanced units basis FIX.4.3
6 Points per bond or contract FIX.4.3
7 Basis points FIX.5.0SP2 (EP 208)
8 Amount per contract FIX.5.0SP2 (EP 204)

Used in components