Skip to content

FIX TAG 77

PositionEffect

charAdded FIX.2.7

Definition

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.

Compare versions

Differences between the selected source snapshots, including wording and errata; not a migration guide.

FIX 4.2 FIX 4.4

PropertyFIX 4.2FIX 4.4
NameOpenClosePositionEffect

Values only in FIX 4.4 2

  • RRolled
  • FFIFO

Values 4

ValueMeaning
O

Open

C

Close

R

Rolled

F

FIFO

About the char data type

Single character value, can include any alphanumeric character or punctuation except the delimiter. All char fields are case sensitive (i.e. m != M).

Used in messages 12

Includes nested components and repeating groups. Open a location to see its surrounding requirements.