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FIXtags

FIX TAG 40030

CashSettlMinimumQuoteAmount

AmtAdded FIX.5.0SP2 · EP161

Definition

When determining the cash settlement amount, if weighted average price quotes are to be obtained for the reference obligation, this is the minimum intended threshold amount of outstanding principal balance of the reference obligation for which the quote should be obtained. If not specified, the ISDA definitions provide for a fallback amount of the lower of either USD1,000,000 (or its equivalent in the relevant obligation currency) or the (minimum) quoted amount.

Additional detail from the official source

ISDA 2003 Term: Minimum Quotation Amount.

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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.

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

About the Amt data type

float field typically representing a Price times a Qty

Used in messages 97

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