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.4.4 (EP 17)

See in: FIX.5.0, FIX.5.0SP1, FIX.5.0SP2 EP240.

Valid values

Value Description Added
C Close FIX.4.4
F FIFO FIX.4.4
O Open FIX.4.4
R Rolled FIX.4.4

Used in components