PositionEffect <77> field – FIX 4.4 – 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 <AC>

• Trade Capture Report <AE>

• Trade Capture Report Ack <AR>

• Allocation Report <AS>

• New Order Single <D>

• New Order List <E>

• Order Cancel/Replace Request <G>

• Allocation Instruction <J>

• New Order Cross <s>

• Cross Order Cancel/Replace Request <t>