Side/4 SellPlus
From FIXwiki
< Side
Side Value 4
| Value | Name | Field(tag) | First introduced | Deprecated |
|---|---|---|---|---|
| 4 | SellPlus | Side(54) | FIX.2.7 |
A round-lot market order to sell -plus- is an order to sell a stated amount of a stock provided that its price is:
- not lower than the last sale if the last sale was a -plus- or -zero plus- tick and
- not lower than the last sale minus the minimum fractional change in the stock if the last sale was a -minus- or -zero minus- tick.
A limit-price order to sell -plus- also states the lowest price at which it can be executed.
Notes
Error in FIX Specification:
In the Glossary (Spec volume 1) this value is incorrectly associated with the OrdType field.
Categories: Value | FIX.2.7 | FIX.3.0 | FIX.4.0 | FIX.4.1 | FIX.4.2 | FIX.4.3 | FIX.4.4 | FIX.5.0 | FIXT.1.1 | FIX.5.0SP1 | FIX.5.0SP2 | SpecError