LegOfferForwardPoints (FIX tag 1068)
LegOfferForwardPoints (tag 1068) is a PriceOffset field defined in FIX 5.0 SP2. It appears in 2 message types, always optionally.
At a glance
- Tag
- 1068
- Name
- LegOfferForwardPoints
- Datatype
- PriceOffset (float)
- Dialects
- FIX 5.0 SP2
- Messages
- 2
What the specification says
The offer FX forward points for the leg of an FX Swap. Value can be negative. Expressed in decimal form. For example, 61.99 points is expressed and sent as 0.006199
Descriptions are quoted from the FIX Orchestra sources under the Apache 2.0 licence.
A real message using tag 1068
| Tag | Field | Wire value | Meaning |
|---|---|---|---|
| 8 | BeginString | FIXT.1.1 | |
| 9 | BodyLength | 131 | |
| 35 | MsgType | S | Quote |
| 49 | SenderCompID | BOARTEAM | |
| 56 | TargetCompID | COUNTERPARTY | |
| 34 | MsgSeqNum | 2 | |
| 52 | SendingTime | 20240101-12:00:00.000 | |
| 117 | QuoteID | EXAMPLE | |
| 555 | NoLegs2 entries | 2 | repeating group |
| 600 | LegSymbol | EXAMPLE | |
| 1068 | LegOfferForwardPoints | 0.00010 | |
| 600 | LegSymbol | EXAMPLE | |
| 1068 | LegOfferForwardPoints | 0.00010 | |
| 10 | CheckSum | 181 |
Shown with | separators for readability. On the wire FIX uses SOH (0x01), an invisible control byte — and because BodyLength and CheckSum are computed over the actual bytes, the two forms have different checksums. Both are valid and both decode here.
Generated from the FIX 5.0 SP2 dictionary and verified at build time: it parses and validates with no issues. Open the decoder to try your own message.
Where tag 1068 appears
Requiredness is a property of the message, not of the field: the same tag can be optional in one message and conditionally required in another.
| Message | MsgType | Requiredness | Where in the message |
|---|---|---|---|
| Quote | S | Optional | inside the LegQuotGrp component |
| QuoteResponse | AJ | Optional | inside the LegQuotGrp component |
Wire format
A signed decimal price delta. Negative values are legal and meaningful. @boarteam/fix parses the value as a number and reports parse/invalid-float when it does not lex as one; the raw string is kept so precision and trailing zeros are never lost.
Read tag 1068 in TypeScript
import { createFixEngine } from "@boarteam/fix";import { dictionary } from "@boarteam/fix-dict-fix50sp2";const fix = createFixEngine(dictionary);const { message, issues } = fix.parse(raw);const field = message.fields[1068];field?.name; // "LegOfferForwardPoints"field?.raw; // the verbatim wire stringfield?.value; // coerced to a numberOther PriceOffset fields
- 1067LegBidForwardPoints
- 1069SwapPoints
- 1066OfferSwapPoints
- 1065BidSwapPoints
- 1071LastSwapPoints
- 1073LegLastForwardPoints
- 1027MDEntryForwardPoints
- 834ThresholdAmount
- 643OfferForwardPoints2
- 642BidForwardPoints2
- 641LastForwardPoints2
- 639PriceImprovement
- 451NetChgPrevDay
- 218Spread
- 195LastForwardPoints
- 191OfferForwardPoints
- 189BidForwardPoints
Decode this in your own code
The same engine that produced the decoded example above is an Apache-2.0 npm package with zero runtime dependencies. It runs in Node and in the browser, and parse() returns problems as data instead of throwing.
npm i @boarteam/fix @boarteam/fix-dict-fix50sp2