FIX TAG 663
BenchmarkPriceType
Definition
Identifies type of BenchmarkPrice (662).
See PriceType (423) for valid values.
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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
Values only in FIX Latest · EP309 25
1Percentage (i.e. percent of par) (often called "dollar price" for fixed income)2Per unit (i.e. per share or contract)3Fixed amount (absolute value)4Discount - percentage points below par5Premium - percentage points over par6Spread (basis points spread)Additional source detail
Usually the difference in yield between two switched bonds or a corporate bond traded spread-to-benchmark.
7TED Price8TED Yield9Yield10Fixed cabinet trade price (primarily for listed futures and options)11Variable cabinet trade price (primarily for listed futures and options)12Price spreadAdditional source detail
Price spread is expressed based on market convention for the asset being priced or traded. For example, the difference between the prices of a multileg switch or strategy expressed in basis points for a CDS or TBA roll; a price value to be added to a reference price, such as a "pay up" for specified pools
13Product ticks in halves14Product ticks in fourths15Product ticks in eighths16Product ticks in sixteenths17Product ticks in thirty-seconds18Product ticks in sixty-fourths19Product ticks in one-twenty-eighths20Normal rate representation (e.g. FX rate)21Inverse rate representation (e.g. FX rate)22Basis pointsAdditional source detail
When the price is not spread based.
23Up front pointsAdditional source detail
Used specifically for CDS pricing.
24Interest rateAdditional source detail
When the price is an interest rate. For example, used with benchmark reference rate.
25Percentage of notional
Values 25
| Value | Meaning |
|---|---|
1 | Percentage (i.e. percent of par) (often called "dollar price" for fixed income) |
2 | Per unit (i.e. per share or contract) |
3 | Fixed amount (absolute value) |
4 | Discount - percentage points below par |
5 | Premium - percentage points over par |
6 | Spread (basis points spread) Additional detail from the official sourceUsually the difference in yield between two switched bonds or a corporate bond traded spread-to-benchmark. |
7 | TED Price |
8 | TED Yield |
9 | Yield |
10 | Fixed cabinet trade price (primarily for listed futures and options) |
11 | Variable cabinet trade price (primarily for listed futures and options) |
12 | Price spread Additional detail from the official sourcePrice spread is expressed based on market convention for the asset being priced or traded. For example, the difference between the prices of a multileg switch or strategy expressed in basis points for a CDS or TBA roll; a price value to be added to a reference price, such as a "pay up" for specified pools |
13 | Product ticks in halves |
14 | Product ticks in fourths |
15 | Product ticks in eighths |
16 | Product ticks in sixteenths |
17 | Product ticks in thirty-seconds |
18 | Product ticks in sixty-fourths |
19 | Product ticks in one-twenty-eighths |
20 | Normal rate representation (e.g. FX rate) |
21 | Inverse rate representation (e.g. FX rate) |
22 | Basis points Additional detail from the official sourceWhen the price is not spread based. |
23 | Up front points Additional detail from the official sourceUsed specifically for CDS pricing. |
24 | Interest rate Additional detail from the official sourceWhen the price is an interest rate. For example, used with benchmark reference rate. |
25 | Percentage of notional |
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 30
Includes nested components and repeating groups. Open a location to see its surrounding requirements.
35=6IOISpreadOrBenchmarkCurveData35=8ExecutionReportSpreadOrBenchmarkCurveData35=DNewOrderSingleSpreadOrBenchmarkCurveData35=ENewOrderListListOrdGrp / SpreadOrBenchmarkCurveData35=GOrderCancelReplaceRequestSpreadOrBenchmarkCurveData35=JAllocationInstructionSpreadOrBenchmarkCurveData35=RQuoteRequestQuotReqGrp / SpreadOrBenchmarkCurveData35=SQuoteSpreadOrBenchmarkCurveData35=VMarketDataRequestInstrmtMDReqGrp / SpreadOrBenchmarkCurveData35=WMarketDataSnapshotFullRefreshMDFullGrp / SpreadOrBenchmarkCurveData35=XMarketDataIncrementalRefreshMDIncGrp / SpreadOrBenchmarkCurveData35=cSecurityDefinitionRequestSpreadOrBenchmarkCurveData35=dSecurityDefinitionSpreadOrBenchmarkCurveData35=sNewOrderCrossSpreadOrBenchmarkCurveData35=tCrossOrderCancelReplaceRequestSpreadOrBenchmarkCurveData35=ySecurityListSecListGrp / SpreadOrBenchmarkCurveData35=AETradeCaptureReportSpreadOrBenchmarkCurveData35=AGQuoteRequestRejectQuotReqRjctGrp / SpreadOrBenchmarkCurveData35=AIQuoteStatusReportSpreadOrBenchmarkCurveData35=AJQuoteResponseSpreadOrBenchmarkCurveData35=AKConfirmationSpreadOrBenchmarkCurveData35=ASAllocationReportSpreadOrBenchmarkCurveData35=AXCollateralRequestSpreadOrBenchmarkCurveData35=AYCollateralAssignmentSpreadOrBenchmarkCurveData35=AZCollateralResponseSpreadOrBenchmarkCurveData35=BACollateralReportSpreadOrBenchmarkCurveData35=BBCollateralInquirySpreadOrBenchmarkCurveData35=BPSecurityDefinitionUpdateReportSpreadOrBenchmarkCurveData35=BKSecurityListUpdateReportSecLstUpdRelSymGrp / SpreadOrBenchmarkCurveData35=BMAllocationInstructionAlertSpreadOrBenchmarkCurveData