TargetStrategy <847> field – FIX 5.0 – FIX Dictionary

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FIX 5.0 : TargetStrategy <847> field
Type: int

The target strategy of the order

Valid values:

1 = VWAP

2 = Participate (i.e. aim to be x percent of the market volume)

3 = Mininize market impact

or any value conforming to the data type Reserved1000Plus

1000+ = Reserved and available for bi-laterally agreed upon user defined values

FIX 5.0 : TargetStrategy <847> field