SettlMethod (FIX tag 1193)

At a glance

Tag

1193

Name

SettlMethod

Datatype

char

Dialects

FIX 5.0 SP2

Messages

72

Valid values

2

What the specification says

Settlement method for a contract or instrument. Additional values may be used with bilateral agreement.

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

A real message using tag 1193

Valid values

A value outside this list is not a parse error — the message still decodes — but validate() reports it as validate/value-not-in-enum.

Where tag 1193 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.

Wire format

A single character. Most char fields are enumerated, so the value is one of a fixed set rather than arbitrary text. @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 1193 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 settlMethod = message.fields[1193]?.raw;// e.g. "C" — Cash settlement required​// The dictionary also carries the labels:const label = fix.dictionary  .fieldByTag(1193)  ?.enumValues?.find((e) => e.value === settlMethod)  ?.description;

Other char fields

• 1164SettlObligSource
• 1162SettlObligTransType
• 1133ExDestinationIDSource
• 1255DerivativeInstrmtAssignmentMethod
• 1124OrigTradeHandlingInstr
• 1123TradeHandlingInstr
• 1265DerivativeOptAttribute
• 1118RootPartyIDSource
• 1115OrderCategory
• 1111TriggerOrderType
• 1109TriggerPriceDirection
• 1108TriggerPriceTypeScope
• 1107TriggerPriceType
• 1101TriggerAction
• 1100TriggerType
• 1093LotType
• 1092PriceProtectionScope
• 1299DerivativeExerciseStyle
• 1084DisplayMethod
• 1083DisplayWhen
• 1081RefOrderIDSource
• 1308ExecInstValue
• 1317DerivativeSettlMethod
• 1324ListUpdateAction