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.4.3, FIX.4.4, FIX.5.0, FIX.5.0SP1, FIX.5.0SP2 EP240.
Valid values
| Value | Description | Added |
|---|---|---|
| C | Close | FIX.4.1 |
| D | Default | FIX.5.0 (EP 61) |
| F | FIFO | FIX.4.3 |
| N | Close but notify on open | FIX.5.0 (EP 61) |
| O | Open | FIX.4.1 |
| R | Rolled | FIX.4.3 |