FIX Protocol Tag 406: FairValue

FairValue is an amount field used in 2 FIX message types: Bid Request (35=k) and Bid Response (35=l). It is defined in FIX 4.2 to 5.0 SP2.

Tag number: 406
Data type: AMT
FIX versions: FIX 4.2 to 5.0 SP2
Used in: 2 message types

Tag 406 in each FIX version

Values and message usage as defined in a specific version.

Data type

AMT: A decimal number giving a monetary amount.

Example

406=25000.00

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 406

Bid Request 35=k
Bid Response 35=l

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.