ZagTrader

FIX Protocol Tag 388: DiscretionInst

DiscretionInst is a single-character field used in 8 FIX message types, including New Order Single (35=D), Execution Report (35=8) and Order Cancel/Replace Request (35=G). It is defined in FIX 4.2 to 5.0 SP2 and has 8 enumerated values.

Tag number
388
Data type
CHAR
FIX versions
FIX 4.2 to 5.0 SP2
Used in
8 message types

Tag 388 in each FIX version

Values and message usage as defined in a specific version.

Data type

CHAR: A single character.

Valid values

8 enumerated values across all FIX versions.

ValueMeaningFIX versions
0Related to displayed priceAll
1Related to market priceAll
2Related to primary priceAll
3Related to local primary priceAll
4Related to midpoint priceAll
5Related to last trade priceAll
6Related to VWAP4.4, 5.0, 5.0 SP1, 5.0 SP2
7Average price guarantee5.0, 5.0 SP1, 5.0 SP2

Example

388=0

Illustrative value. In a message, fields are separated by the SOH character (0x01), often shown as | or ^ in logs.

Decode a message with this tag

Message types that use tag 388

Covers every version from FIX 4.0 to 5.0 SP2, including fields reached through components and repeating groups. The version pages above show whether the tag is required in each message.

Field and message data comes from the QuickFIX data dictionaries for FIX 4.0 to 5.0 SP2 and FIXT 1.1, used under the QuickFIX Software License. This product includes software developed by quickfixengine.org (http://www.quickfixengine.org/). Enumerated value names are converted to plain text for reading.