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FIXtags

FIX TAG 2339

RiskLimitCheckModelType

intAdded FIX.5.0SP2 · EP171

Definition

Specifies the type of credit limit check model workflow to apply for the specified party

Compare versions

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 4

ValueMeaning
0

None (default if not specified)

Additional detail from the official source

No specified limit check model is defined. Limit checks for the party will be based on parameters defined.

1

PlusOne model

Additional detail from the official source

A pre-trade credit limit check model which allows trades to occur until it is determined by the clearinghouse or other designated limit checker that the party's limit(s) was breached by the most recent trade executed.

2

Ping model

Additional detail from the official source

A pre-trade credit limit check model which requires the execution venue to obtain limit approval from the Credit Provider for every transaction about to be conducted by the Credit User.

3

Push model

Additional detail from the official source

A pre-trade credit limit check model in which the Credit Provider "pushes" to the execution venue the credit limit information allocated to each of the Credit Provider's counterparty or customer.

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.