PositionEffect(formerly named: OpenClose prior to FIX 4.3) <77> field – FIX 4.3 – FIX Dictionary

Used In

Description

Indicates whether the resulting position after a trade should be an opening position or closing position. Used for omnibus accounting - where accounts are held on a gross basis instead of being netted together.

Valid values:

O = Open

C = Close

R = Rolled

F = FIFO

Used In

• Execution Report <8>

• New Order - Multileg <AB>

• Multileg Order Cancel/Replace Request <AC>

• Trade Capture Report <AE>

• New Order - Single <D>

• New Order - List <E>

• Order Cancel/Replace Request <G>

• Allocation <J>

• New Order - Cross <s>

• Cross Order Cancel/Replace Request <t>