The Peg Instructions component block is used to tie the price of a security to a market event such as opening price, mid-price, best price. The Peg Instructions block may also be used to tie the price to the behavior of a related security.
Added in protocol FIX.4.4
See in: FIX.4.4, FIX.5.0SP1, FIX.5.0SP2, FIX.5.0SP2 EP240.
| Field or Component | Name | Description | Is Required | Added | Is Deprecated |
|---|---|---|---|---|---|
| 211 | PegOffsetValue | Amount (signed) added to the peg for a pegged order in the context of the PegOffsetType | FIX.4.4 | ||
| 1094 | PegPriceType | Defines the type of peg. | FIX.4.4 | ||
| 835 | PegMoveType | Describes whether peg is static/fixed or floats | FIX.4.4 | ||
| 836 | PegOffsetType | Type of Peg Offset (e.g. price offset, tick offset etc) | FIX.4.4 | ||
| 837 | PegLimitType | Specifies nature of resulting pegged price (e.g. or better limit, strict limit etc) | FIX.4.4 | ||
| 838 | PegRoundDirection | If the calculated peg price is not a valid tick price, specifies how to round the price (e.g. be more or less aggressive) | FIX.4.4 | ||
| 840 | PegScope | The scope of the "related to" price of the peg (e.g. local, global etc) | FIX.4.4 | ||
| 1096 | PegSecurityIDSource | Required if PegSecurityID is specified. | FIX.4.4 | ||
| 1097 | PegSecurityID | Requires PegSecurityIDSource if specified. | FIX.4.4 | ||
| 1098 | PegSymbol | FIX.4.4 | |||
| 1099 | PegSecurityDesc | FIX.4.4 |
Used in messages
- Cross Order Cancel/Replace Request (a.k.a. Cross Order Modification Request) (t)
- Execution Report (8)
- Multileg Order Cancel/Replace (a.k.a. Multileg Order Modification Request) (AC)
- New Order – Cross (s)
- New Order – Multileg (AB)
- New Order – Single (D)
- Order Cancel/Replace Request (a.k.a. Order Modification Request) (G)