CashMargin <544> field – FIX 5.0 SP2 – FIX Dictionary

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FIX 5.0 SP2 : CashMargin <544> field
Type: char

Used In

Description

Identifies whether an order is a margin order or a non-margin order. This is primarily used when sending orders to Japanese exchanges to indicate sell margin or buy to cover. The same tag could be assigned also by buy-side to indicate the intent to sell or buy margin and the sell-side to accept or reject (base on some validation criteria) the margin request.

Valid values:

1 = Cash

2 = Margin Open

3 = Margin Close