FIX Protocol Tag 77: PositionEffect
Whether the trade opens or closes a position, used mainly for futures and options. It was named OpenClose before FIX 4.3.
- Tag number
- 77
- Data type
- CHAR
- FIX versions
- FIX 4.0 to 5.0 SP2
- Used in
- 14 message types
Earlier name: OpenClose
Tag 77 in each FIX version
Values and message usage as defined in a specific version.
Data type
CHAR: A single character.
Valid values
6 enumerated values across all FIX versions.
Example
77=C
Illustrative value. In a message, fields are separated by the SOH character (0x01), often shown as | or ^ in logs.
Decode a message with this tagMessage types that use tag 77
- Execution Report 35=8
- New Order Single 35=D
- New Order List 35=E
- Order Cancel/Replace Request 35=G
- Allocation Instruction 35=J
- New Order Multileg 35=AB
- Multileg Order Cancel/Replace 35=AC
- Trade Capture Report 35=AE
- Trade Capture Report Ack 35=AR
- Allocation Report 35=AS
- Allocation Instruction Alert 35=BM
- Trade Match Report 35=DC
- New Order Cross 35=s
- Cross Order Cancel Replace Request 35=t
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.