[This message was posted by Alex Malone of <[email protected]> to the "General Q/A" discussion forum at http://fixprotocol.org/discuss/22. You can reply to it on-line at http://fixprotocol.org/discuss/read/484630ac - PLEASE DO NOT REPLY BY MAIL.]
I have seen it in Forex venues, where the fill is executed in the inverse currency. And yes, it can cause issues for home grown trading platforms, but development has to react to it. For example, how to determine if an order is fully filled if qty remaining is less than one (0.125 shares or lots). > > Tag 38 OrderQty has data type Qty which is derived from float (see > > Volume 1) and thus your definition of "sub-qty" is fully supported as > > of FIX 4.2. > > > > > probably a dumb question but I haven't found anything concrete > > > confirming or denying it. Is there such a thing as sub-qty in tag 38 > > > for FIX equity order flow. > > > > > > for example: > > > > > > 38=1099.4 > > > Yes, technically is possible but is it business wise? I never seen it in > production. I guess is it possible to split up a share of an equity into > fractional parts? [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 -~----------~----~----~----~------~----~------~--~---
