Description
The Peg Instructions component block is used to tie the price of a security to a market event such as opening price, mid-price, best price. The Peg Instructions block may also be used to tie the price to the behavior of a related security.
Structure
| Tag | Field Name | Req'd | Comments | |
|---|---|---|---|---|
| 211 | PegOffsetValue | N | Amount (signed) added to the peg for a pegged order in the context of the PegOffsetType | |
| 1094 | PegPriceType | N | Defines the type of peg. | |
| 835 | PegMoveType | N | Describes whether peg is static/fixed or floats | |
| 836 | PegOffsetType | N | Type of Peg Offset (e.g. price offset, tick offset etc) | |
| 837 | PegLimitType | N | Specifies nature of resulting pegged price (e.g. or better limit, strict limit etc) | |
| 838 | PegRoundDirection | N | If the calculated peg price is not a valid tick price, specifies how to round the price (e.g. be more or less aggressive) | |
| 840 | PegScope | N | The scope of the "related to" price of the peg (e.g. local, global etc) | |
| 1096 | PegSecurityIDSource | N | Required if PegSecurityID is specified. | |
| 1097 | PegSecurityID | N | Requires PegSecurityIDSource if specified. | |
| 1098 | PegSymbol | N | ||
| 1099 | PegSecurityDesc | N | ||