LegFactor (FIX tag 253)
LegFactor (tag 253) is a float field defined in FIX 4.4. It appears in 50 message types, always optionally.
At a glance
- Tag
- 253
- Name
- LegFactor
- Datatype
- float
- Dialects
- FIX 4.4
- Messages
- 50
What the specification says
Multileg instrument's individual leg security’s Factor. See Factor (228) field for description (Note tag # was reserved in FIX 4.1, added in FIX 4.3)
Descriptions are quoted from the FIX Orchestra sources under the Apache 2.0 licence.
A real message using tag 253
| Tag | Field | Wire value | Meaning |
|---|---|---|---|
| 8 | BeginString | FIX.4.4 | |
| 9 | BodyLength | 179 | |
| 35 | MsgType | 8 | Execution Report |
| 49 | SenderCompID | BOARTEAM | |
| 56 | TargetCompID | COUNTERPARTY | |
| 34 | MsgSeqNum | 2 | |
| 52 | SendingTime | 20240101-12:00:00.000 | |
| 37 | OrderID | ORD-10042 | |
| 17 | ExecID | EXEC-88117 | |
| 150 | ExecType | 0 | New |
| 39 | OrdStatus | 0 | New |
| 54 | Side | 1 | Buy |
| 151 | LeavesQty | 0 | |
| 14 | CumQty | 1000000 | |
| 6 | AvgPx | 1.09215 | |
| 555 | NoLegs2 entries | 2 | repeating group |
| 600 | LegSymbol | EXAMPLE | |
| 253 | LegFactor | 1.0 | |
| 600 | LegSymbol | EXAMPLE | |
| 253 | LegFactor | 1.0 | |
| 10 | CheckSum | 192 |
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 4.4 dictionary and verified at build time: it parses and validates with no issues. Open the decoder to try your own message.
Where tag 253 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 |
|---|---|---|---|
| Advertisement | 7 | Optional | inside InstrmtLegGrp › InstrumentLeg |
| AllocationInstruction | J | Optional | inside InstrmtLegGrp › InstrumentLeg |
| AllocationReport | AS | Optional | inside InstrmtLegGrp › InstrumentLeg |
| AssignmentReport | AW | Optional | inside InstrmtLegGrp › InstrumentLeg |
| CollateralAssignment | AY | Optional | inside InstrmtLegGrp › InstrumentLeg |
| CollateralInquiry | BB | Optional | inside InstrmtLegGrp › InstrumentLeg |
| CollateralInquiryAck | BG | Optional | inside InstrmtLegGrp › InstrumentLeg |
| CollateralReport | BA | Optional | inside InstrmtLegGrp › InstrumentLeg |
| CollateralRequest | AX | Optional | inside InstrmtLegGrp › InstrumentLeg |
| CollateralResponse | AZ | Optional | inside InstrmtLegGrp › InstrumentLeg |
| Confirmation | AK | Optional | inside InstrmtLegGrp › InstrumentLeg |
| CrossOrderCancelReplaceRequest | t | Optional | inside InstrmtLegGrp › InstrumentLeg |
| CrossOrderCancelRequest | u | Optional | inside InstrmtLegGrp › InstrumentLeg |
| DerivativeSecurityList | AA | Optional | inside RelSymDerivSecGrp › InstrmtLegGrp › InstrumentLeg |
| DontKnowTrade | Q | Optional | inside InstrmtLegGrp › InstrumentLeg |
| C | Optional | inside InstrmtLegGrp › InstrumentLeg | |
| ExecutionReport | 8 | Optional | inside InstrmtLegExecGrp › InstrumentLeg |
| IOI | 6 | Optional | inside InstrmtLegIOIGrp › InstrumentLeg |
| MarketDataIncrementalRefresh | X | Optional | inside MDIncGrp › InstrmtLegGrp › InstrumentLeg |
| MarketDataRequest | V | Optional | inside InstrmtMDReqGrp › InstrmtLegGrp › InstrumentLeg |
| MarketDataSnapshotFullRefresh | W | Optional | inside InstrmtLegGrp › InstrumentLeg |
| MassQuote | i | Optional | inside QuotSetGrp › QuotEntryGrp › InstrmtLegGrp › InstrumentLeg |
| MassQuoteAcknowledgement | b | Optional | inside QuotSetAckGrp › QuotEntryAckGrp › InstrmtLegGrp › InstrumentLeg |
| MultilegOrderCancelReplace | AC | Optional | inside LegOrdGrp › InstrumentLeg |
| NewOrderCross | s | Optional | inside InstrmtLegGrp › InstrumentLeg |
| NewOrderMultileg | AB | Optional | inside LegOrdGrp › InstrumentLeg |
| News | B | Optional | inside InstrmtLegGrp › InstrumentLeg |
| PositionMaintenanceReport | AM | Optional | inside InstrmtLegGrp › InstrumentLeg |
| PositionMaintenanceRequest | AL | Optional | inside InstrmtLegGrp › InstrumentLeg |
| PositionReport | AP | Optional | inside InstrmtLegGrp › InstrumentLeg |
| Quote | S | Optional | inside LegQuotGrp › InstrumentLeg |
| QuoteCancel | Z | Optional | inside QuotCxlEntriesGrp › InstrmtLegGrp › InstrumentLeg |
| QuoteRequest | R | Optional | inside QuotReqGrp › QuotReqLegsGrp › InstrumentLeg |
| QuoteRequestReject | AG | Optional | inside QuotReqRjctGrp › QuotReqLegsGrp › InstrumentLeg |
| QuoteResponse | AJ | Optional | inside LegQuotGrp › InstrumentLeg |
| QuoteStatusReport | AI | Optional | inside LegQuotStatGrp › InstrumentLeg |
| QuoteStatusRequest | a | Optional | inside InstrmtLegGrp › InstrumentLeg |
| RFQRequest | AH | Optional | inside RFQReqGrp › InstrmtLegGrp › InstrumentLeg |
| RequestForPositions | AN | Optional | inside InstrmtLegGrp › InstrumentLeg |
| RequestForPositionsAck | AO | Optional | inside InstrmtLegGrp › InstrumentLeg |
| SecurityDefinition | d | Optional | inside InstrmtLegGrp › InstrumentLeg |
| SecurityDefinitionRequest | c | Optional | inside InstrmtLegGrp › InstrumentLeg |
| SecurityList | y | Optional | inside SecListGrp › InstrmtLegSecListGrp › InstrumentLeg |
| SecurityListRequest | x | Optional | inside InstrmtLegGrp › InstrumentLeg |
| SecurityStatus | f | Optional | inside InstrmtLegGrp › InstrumentLeg |
| SecurityStatusRequest | e | Optional | inside InstrmtLegGrp › InstrumentLeg |
| TradeCaptureReport | AE | Optional | inside TrdInstrmtLegGrp › InstrumentLeg |
| TradeCaptureReportAck | AR | Optional | inside TrdInstrmtLegGrp › InstrumentLeg |
| TradeCaptureReportRequest | AD | Optional | inside InstrmtLegGrp › InstrumentLeg |
| TradeCaptureReportRequestAck | AQ | Optional | inside InstrmtLegGrp › InstrumentLeg |
Wire format
A decimal number. The wire form keeps its trailing zeros, which is why decoders expose the raw string alongside the parsed number. @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 253 in TypeScript
import { createFixEngine } from "@boarteam/fix";import { dictionary } from "@boarteam/fix-dict-fix44";const fix = createFixEngine(dictionary);const { message, issues } = fix.parse(raw);const field = message.fields[253];field?.name; // "LegFactor"field?.raw; // the verbatim wire stringfield?.value; // coerced to a numberOther float fields
- 246UnderlyingFactor
- 231ContractMultiplier
- 228Factor
- 211PegOffsetValue
- 155SettlCurrFxRate
- 389DiscretionOffsetValue
- 436UnderlyingContractMultiplier
- 469RoundingModulus
- 485ExecPriceAdjustment
- 520ContAmtValue
- 614LegContractMultiplier
- 623LegRatioQty
- 656SettlCurrBidFxRate
- 657SettlCurrOfferFxRate
- 811PriceDelta
- 850TargetStrategyPerformance
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-fix44