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FIX TAG 849

ParticipationRate

PercentageAdded FIX.4.4Deprecated FIX.5.0

Definition

For a TargetStrategy=Participate order specifies the target particpation rate. For other order types this is a volume limit (i.e. do not be more than this percent of the market volume)

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

FIX 4.4 FIX 5.0 SP2

PropertyFIX 4.4FIX 5.0 SP2
DeprecationNot markedFIX.5.0

Definition text changed

FIX 4.4

For a TargetStrategy=Participate order specifies the target participation rate. For other order types this is a volume limit (i.e. do not be more than this percent of the market volume)

FIX 5.0 SP2

For a TargetStrategy=Participate order specifies the target particpation rate. For other order types this is a volume limit (i.e. do not be more than this percent of the market volume)

No enumerated values are defined for this field in this source.

About the Percentage data type

float field representing a percentage (e.g. 0.05 represents 5% and 0.9525 represents 95.25%). Note the number of decimal places may vary.

Used in messages 8

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