ParticipationRate (Tag = 849, Type: Percentage)

For a TargetStrategy=Participate order specifies the target particpation rate. For other order types this is a volume limit (i.e. do not be more than this percent of the market volume)

The StrategyParametersGrp repeating group is used instead to convey target strategy parameters and values.

Used in:

• <ListOrdGrp>
• ExecutionReport (8)
• NewOrderSingle (D)
• OrderCancelReplaceRequest (G)
• NewOrderCross (s)
• CrossOrderCancelReplaceRequest (t)
• NewOrderMultileg (AB)
• MultilegOrderCancelReplace (AC)