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FIXtags

FIX TAG 1317

DerivativeSettlMethod

StringAdded FIX.5.0 · EP52

Definition

Settlement method for a contract or instrument.

See SettlMethod(1193) for complete definition.

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

FIX 5.0 SP2 FIX Latest · EP309

PropertyFIX 5.0 SP2FIX Latest · EP309
TypecharString

Definition text changed

FIX 5.0 SP2

Refer to definition of SettlMethod(1193)

FIX Latest · EP309

Settlement method for a contract or instrument.

See SettlMethod(1193) for complete definition.

Values only in FIX Latest · EP309 3

  • CCash settlement required
  • PPhysical settlement required
  • EElection at exercise
    Additional source detail

    The settlement method will be elected at the time of contract exercise.

Values 3

ValueMeaning
C

Cash settlement required

P

Physical settlement required

E

Election at exercise

Additional detail from the official source

The settlement method will be elected at the time of contract exercise.

About the String data type

Alpha-numeric free format strings, can include any character or punctuation except the delimiter. All String fields are case sensitive (i.e. morstatt != Morstatt).

Used in messages 3

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