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Code Set

QuotePriceTypeCodeSet

ID692
Typeint
PedigreeAdded FIX.4.4, Updated EP207
Code to represent price type requested in Quote.
If the Quote Request is for a Swap, values 1-8 apply to all legs.
NameValueSynopsisElaborationPedigree
Percent1Percentage (i.e. percent of par) (often called "dollar price" for fixed income)Added FIX.4.4, Updated EP207
PerShare2Per unit (i.e. per share or contract)Added FIX.4.4, Updated EP207
FixedAmount3Fixed Amount (absolute value)Added FIX.4.4
Discount4Discount - percentage points below parAdded FIX.4.4
Premium5Premium - percentage points over parAdded FIX.4.4
Spread6Spread (basis points relative to benchmark)Usually the difference in yield between two switched bonds or a corporate bond traded spread-to-benchmark.Added FIX.4.4, Updated EP207
TEDPrice7TED PriceAdded FIX.4.4
TEDYield8TED YieldAdded FIX.4.4
YieldSpread9Yield Spread (swaps)Added FIX.4.4
Yield10YieldAdded FIX.4.4
PriceSpread12Price spreadPrice spread is expressed based on market convention for the asset being priced or traded. For example: the difference between the prices of a multileg switch or strategy expressed in basis points for a CDS or TBA roll; a price value to be added to a reference price, such as a "pay up" for specified pools.Added EP207
ProductTicksInHalves13Product ticks in halvesAdded EP207
ProductTicksInFourths14Product ticks in fourthsAdded EP207
ProductTicksInEighths15Product ticks in eighthsAdded EP207
ProductTicksInSixteenths16Product ticks in sixteenthsAdded EP207
ProductTicksInThirtySeconds17Product ticks in thirty-secondsAdded EP207
ProductTicksInSixtyFourths18Product ticks in sixty-fourthsAdded EP207
ProductTicksInOneTwentyEighths19Product ticks in one-twenty-eighthsAdded EP207
NormalRateRepresentation20Normal rate representation (e.g. FX rate)Added EP207
InverseRateRepresentation21Inverse rate representation (e.g. FX rate)Added EP207
BasisPoints22Basis pointsWhen the price is not spread basedAdded EP207
UpFrontPoints23Up front pointsUsed specifically for CDS pricing.Added EP207
InterestRate24Interest rateWhen the price is an interest rate. For example, used with benchmark reference rate.Added EP207
PercentageOfNotional25Percentage of notionalAdded EP207
Used in groups:

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