PrivateQuote (FIX tag 1171)

BooleanFIX 5.0 SP2

PrivateQuote (tag 1171) is a Boolean field defined in FIX 5.0 SP2. It appears in 4 message types, always optionally.

At a glance

Tag: 1171
Name: PrivateQuote
Datatype: Boolean (char)
Dialects: FIX 5.0 SP2
Messages: 4

What the specification says

Specifies whether a quote is public, i.e. available to the market, or private, i.e. available to a specified counterparty only.

Descriptions are quoted from the FIX Orchestra sources under the Apache 2.0 licence.

A real message using tag 1171

Quote · FIX 5.0 SP2

Tag	Field	Wire value	Meaning
8	BeginString	FIXT.1.1
9	BodyLength	82
35	MsgType	S	Quote
49	SenderCompID	BOARTEAM
56	TargetCompID	COUNTERPARTY
34	MsgSeqNum	2
52	SendingTime	20240101-12:00:00.000
117	QuoteID	EXAMPLE
1171	PrivateQuote	N
10	CheckSum	089

Edit and decode it yourself

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.

Open in the full decoder →

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 1171 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	directly on the message body
QuoteRequest	R	Optional	directly on the message body
QuoteRequestReject	AG	Optional	directly on the message body
RFQRequest	AH	Optional	directly on the message body

Wire format

Y or N. Not 1/0, and not true/false. @boarteam/fix keeps the value as a string and, for enumerated fields, reports validate/value-not-in-enum when it is not a defined value.

Read tag 1171 in TypeScript

decode.tsts

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[1171];field?.name;   // "PrivateQuote"field?.raw;    // the verbatim wire stringfield?.value;  // coerced to a boolean

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

Try the decoder Source on GitHub