From FIXwiki

FIX Field 1047

Tag	Name	Type	Enumerated	First introduced	Deprecated
1047	AllocPositionEffect	char	x	FIX.4.4

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.

Enumerated Values

Notes

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