DerivativeStrikeCurrency (FIX tag 1262)

CurrencyFIX 5.0 SP2

DerivativeStrikeCurrency (tag 1262) is a Currency field defined in FIX 5.0 SP2. It appears in 3 message types, always optionally.

At a glance

Tag: 1262
Name: DerivativeStrikeCurrency
Datatype: Currency (String)
Dialects: FIX 5.0 SP2
Messages: 3

What the specification says

Currency in which the strike price is denominated.

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

A real message using tag 1262

DerivativeSecurityListRequest · FIX 5.0 SP2

Tag	Field	Wire value	Meaning
8	BeginString	FIXT.1.1
9	BodyLength	90
35	MsgType	z	DerivativeSecurityListRequest
49	SenderCompID	BOARTEAM
56	TargetCompID	COUNTERPARTY
34	MsgSeqNum	2
52	SendingTime	20240101-12:00:00.000
320	SecurityReqID	EXAMPLE
559	SecurityListRequestType	0	Symbol
1262	DerivativeStrikeCurrency	EUR
10	CheckSum	043

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 1262 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
DerivativeSecurityList	AA	Optional	inside DerivativeSecurityDefinition › DerivativeInstrument
DerivativeSecurityListRequest	z	Optional	inside the DerivativeInstrument component
DerivativeSecurityListUpdateReport	BR	Optional	inside DerivativeSecurityDefinition › DerivativeInstrument

Wire format

A three-letter ISO 4217 code. @boarteam/fix keeps the value as a string; format rules are checked by validate(), which reports validate/invalid-value rather than throwing.

Read tag 1262 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[1262];field?.name;   // "DerivativeStrikeCurrency"field?.raw;    // the verbatim wire stringfield?.value;  // coerced to a string

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