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FIXtags

FIX TAG 469

RoundingModulus

floatAdded FIX.4.3

Definition

For CIV - a float value indicating the value to which rounding is required.

i.e. 0 means round to a multiple of 0 units/shares; 0.5 means round to a multiple of 0.5 units/shares.

The default, if RoundingDirection (468) is specified without RoundingModulus, is to round to a whole unit/share.

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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

No differences in name, type, definition text, deprecation, or enumerated values.

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

About the float data type

Sequence of digits with optional decimal point and sign character (ASCII characters "-", "0" - "9" and "."); the absence of the decimal point within the string will be interpreted as the float representation of an integer value. All float fields must accommodate up to fifteen significant digits. The number of decimal places used should be a factor of business/market needs and mutual agreement between counterparties. Note that float values may contain leading zeros (e.g. "00023.23" = "23.23") and may contain or omit trailing zeros after the decimal point (e.g. "23.0" = "23.0000" = "23" = "23."). Note that fields which are derived from float may contain negative values unless explicitly specified otherwise.

Used in messages 23

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