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FIXtags

FIX TAG 1767

RiskLimitAction

intAdded FIX.5.0SP2 · EP128

Definition

Identifies the action to take or risk model to assume should risk limit be exceeded or breached for the specified party.

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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

This tag is not present in the FIX 5.0 SP2 source. There is no definition or value list to compare.

Values 11

ValueMeaning
0

Queue inbound

1

Queue outbound

2

Reject

3

Disconnect

4

Warning

5

Ping credit check model with revalidation

Additional detail from the official source

Each subsequent order, quote request or quote submission by the Credit

User must obtain pre-approval. Any open orders, quote requests or quotes are to be cancelled.

6

Ping credit check model without revalidation

Additional detail from the official source

Each subsequent order, quote request or quote submission by the Credit

User must obtain pre-approval. Any open orders, quote requests or quotes will remain active.

7

Push credit check model with revalidation

Additional detail from the official source

Each subsequent order, quote request or quote subnmission by the Credit

User must be checked against the limit amounts pushed to the trading platform. Any open orders, quote requests or quotes are

to be cancelled.

8

Push credit check model without revalidation

Additional detail from the official source

Each subsequent order, quote request or quote subnmission by the Credit

User must be checked against the limit amounts pushed to the trading platform. Any open orders, quote requests or quotes will

remain active.

9

Suspend

Additional detail from the official source

Suspend the Credit User from trading once limit(s) is breached. This is

considered a "soft" stop.

10

Halt trading

Additional detail from the official source

Halt or stop the Credit User from trading once limit(s) is breached.

This is considered a "hard" stop and may require more involved actions to reinstate the Credit User's ability

to trade.

About the int data type

Sequence of digits without commas or decimals and optional sign character (ASCII characters "-" and "0" - "9" ). The sign character utilizes one byte (i.e. positive int is "99999" while negative int is "-99999"). Note that int values may contain leading zeros (e.g. "00023" = "23").

Used in messages 5

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