<Peg Instructions> Component Block

Note that Pegged orders are specified by the use of OrdType (40) (to denote that the order is a pegged order) and ExecInst (18) (to specify what price the order is pegged to).

Used in :

Tag Field Name FIXML Req'd Comments
211 PegOffsetValue @OfstVal N Amount (signed) added to the peg for a pegged order in the context of the PegOffsetType (836)
835 PegMoveType @MoveTyp N Describes whether peg is static/fixed or floats
836 PegOffsetType @OfstTyp N Type of Peg Offset (e.g. price offset, tick offset etc)
837 PegLimitType @LmtTyp N Specifies nature of resulting pegged price (e.g. or better limit, strict limit etc)
838 PegRoundDirection @RndDir N If the calculated peg price is not a valid tick price, specifies how to round the price (e.g. be more or less aggressive)
840 PegScope @Scope N The scope of the "related to" price of the peg (e.g. local, global etc)