[This message was posted by Greg Malatestinic of Jordan & Jordan <[email protected]> to the "US Regulations" discussion forum at http://fixprotocol.org/discuss/48. You can reply to it on-line at http://fixprotocol.org/discuss/read/70695256 - PLEASE DO NOT REPLY BY MAIL.]
You are right, Jim. My source for the tag 48 statement was from an out of date OSI document published by one of the options exchanges. I just checked with them and they say they will ignore tag 48. -Greg > Tayloe Draughon, GDC Co-chair had us prepare this document to assist hte > industry: http://fixprotocol.org/documents/4213/FIXImplementationGuide_- > USOptionsSymbology_v1.pdf > > Regarding using 48 for the underlying security symbol - I have not seen > that used widely for US listed derivatives markets. > > > And of course MaturityDay(205) will also be required to identify the > > option. Provided you are using FIX 4.2. > > > > If you are using 4.4 then you would append the maturity day to > > MaturityMonthYear giving it the format "YYYYMMDD" and not populate > > tag 205. > > > > -Greg > > > > > There will not be an enumerated value for the OSI option symbol for > > > use in tag 22. As of OSI (Feb 12) all options should be identified > > > by the 4 tags: Symbol(55), MaturityMonthYear(200), PutOrCall(201) > > > and StrikePrice(202). Please note that Symbol(55) should contain the > > > root option symbol which may be different than the underlying > > > symbol. Tags 22 and 48 are optional and will most likeley be ignored > > > by your counterparty. If you must use tags 22 and 48 for some > > > reason, I would set tag 22='8' to indicate exchange symbol and tag > > > 48=the underlying equity symbol. But as always, you should check > > > with your counterparties. > > > > > > -Greg [You can unsubscribe from this discussion group by sending a message to mailto:[email protected]] --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Financial Information eXchange" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/FIX-Protocol?hl=en -~----------~----~----~----~------~----~------~--~---
