<TickRules> Component Block

The TickRules component specifies the rules for determining how a security ticks, i.e. the price increments which it can be quoted, traded, and for certain cases settled, depending on the current price of the security.

Used in :

Tag Field Name FIXML Req'd Comments
1205 NoTickRules TickRules N Number of tick rules. This block specifies the rules for determining how a security ticks,i.e. the price increments at which it can be quoted and traded, depending on the current price of the security.
=> 1206 StartTickPriceRange @StartTickPxRng C

Required if NoTickRules(1205) > 0.

=> 1207 EndTickPriceRange @EndTickPxRng N

Ending price range for the specified tick increment

=> 1208 TickIncrement @TickIncr N

Tick increment for stated price range. Specifies the valid price increments at which a security can be quoted and traded

=> 1209 TickRuleType @TickRuleTyp N

Specifies the type of tick rule which is being described

=> 2571 TickRuleProductComplex @TickRuleProdCmplx N

Can be used to limit tick rule to specific product suite.

=> 1830 SettlPriceIncrement @SettlPxIncr N

Settlement price increment for stated price range.

=> 1831 SettlPriceSecondaryIncrement @SettlPxIncr2 N

Secondary settlement price increment for stated price range. The meaning of secondary is left to bilateral agreement, e.g. it may refer to final settlement for a contract.