StrikePriceBoundaryPrecision (FIX tag 1480)

At a glance

Tag

1480

Name

StrikePriceBoundaryPrecision

Datatype

Percentage (float)

Dialects

FIX 5.0 SP2

Messages

72

What the specification says

Used in combination with StrikePriceBoundaryMethod to specify the percentage of the strike price in relation to the underlying price. The percentage is generally 100 or greater for puts and 100 or less for calls.

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

A real message using tag 1480

Where tag 1480 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 decimal rate where 1.0 means 100%, not 1%. @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 1480 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[1480];field?.name;   // "StrikePriceBoundaryPrecision"field?.raw;    // the verbatim wire stringfield?.value;  // coerced to a number

Other Percentage fields

• 1488ComplexEventPriceBoundaryPrecision
• 1460UnderlyingDetachmentPoint
• 1459UnderlyingAttachmentPoint
• 1458DetachmentPoint
• 1457AttachmentPoint
• 1456UnderlyingOriginalNotionalPercentageOutstanding
• 1455UnderlyingNotionalPercentageOutstanding
• 1452OriginalNotionalPercentageOutstanding
• 1451NotionalPercentageOutstanding
• 1381LegDividendYield
• 1380DividendYield
• 972UnderlyingAllocationPercent
• 898MarginRatio
• 869PctAtRisk
• 849ParticipationRate
• 765AllowableOneSidednessPct
• 634OfferYield
• 633MidYield
• 632BidYield
• 615LegCouponRate
• 516OrderPercent
• 512DistribPercentage
• 435UnderlyingCouponRate
• 413CrossPercent