LegCurrency (FIX tag 556)

CurrencyFIX 4.4FIX 5.0 SP2

LegCurrency (tag 556) is a Currency field defined in FIX 4.4 and FIX 5.0 SP2. It appears in 50 message types, always optionally.

At a glance

Tag
556
Name
LegCurrency
Datatype
Currency (String)
Dialects
FIX 4.4 and FIX 5.0 SP2
Messages
50

What the specification says

Currency associated with a particular Leg's quantity

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

A real message using tag 556

ExecutionReport · FIX 4.4
TagFieldWire valueMeaning
8BeginStringFIX.4.4
9BodyLength179
35MsgType8Execution Report
49SenderCompIDBOARTEAM
56TargetCompIDCOUNTERPARTY
34MsgSeqNum2
52SendingTime20240101-12:00:00.000
37OrderIDORD-10042
17ExecIDEXEC-88117
150ExecType0New
39OrdStatus0New
54Side1Buy
151LeavesQty0
14CumQty1000000
6AvgPx1.09215
555NoLegs2 entries2repeating group
600LegSymbolEXAMPLE
556LegCurrencyEUR
600LegSymbolEXAMPLE
556LegCurrencyEUR
10CheckSum134
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 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 556 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.

MessageMsgTypeFIX 4.4FIX 5.0 SP2Where in the message
Advertisement7OptionalOptionalinside InstrmtLegGrp › InstrumentLeg
AllocationInstructionJOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
AllocationInstructionAlertBMOptionalinside InstrmtLegGrp › InstrumentLeg
AllocationReportASOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
AssignmentReportAWOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
CollateralAssignmentAYOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
CollateralInquiryBBOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
CollateralInquiryAckBGOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
CollateralReportBAOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
CollateralRequestAXOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
CollateralResponseAZOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
ConfirmationAKOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
CrossOrderCancelReplaceRequesttOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
CrossOrderCancelRequestuOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
DerivativeSecurityListAAOptionalOptionalinside RelSymDerivSecGrp › InstrmtLegGrp › InstrumentLeg
DerivativeSecurityListUpdateReportBROptionalinside RelSymDerivSecUpdGrp › InstrmtLegGrp › InstrumentLeg
DontKnowTradeQOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
EmailCOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
ExecutionAcknowledgementBNOptionalinside InstrmtLegGrp › InstrumentLeg
ExecutionReport8OptionalOptionalinside InstrmtLegExecGrp › InstrumentLeg
IOI6OptionalOptionalinside InstrmtLegIOIGrp › InstrumentLeg
MarketDataIncrementalRefreshXOptionalOptionalinside MDIncGrp › InstrmtLegGrp › InstrumentLeg
MarketDataRequestVOptionalOptionalinside InstrmtMDReqGrp › InstrmtLegGrp › InstrumentLeg
MarketDataSnapshotFullRefreshWOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
MassQuoteiOptionalOptionalinside QuotSetGrp › QuotEntryGrp › InstrmtLegGrp › InstrumentLeg
MassQuoteAcknowledgementbOptionalOptionalinside QuotSetAckGrp › QuotEntryAckGrp › InstrmtLegGrp › InstrumentLeg
MultilegOrderCancelReplaceACOptionalOptionalinside LegOrdGrp › InstrumentLeg
NewOrderCrosssOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
NewOrderMultilegABOptionalOptionalinside LegOrdGrp › InstrumentLeg
NewsBOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
PositionMaintenanceReportAMOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
PositionMaintenanceRequestALOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
PositionReportAPOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
QuoteSOptionalOptionalinside LegQuotGrp › InstrumentLeg
QuoteCancelZOptionalOptionalinside QuotCxlEntriesGrp › InstrmtLegGrp › InstrumentLeg
QuoteRequestROptionalOptionalinside QuotReqGrp › QuotReqLegsGrp › InstrumentLeg
QuoteRequestRejectAGOptionalOptionalinside QuotReqRjctGrp › QuotReqLegsGrp › InstrumentLeg
QuoteResponseAJOptionalOptionalinside LegQuotGrp › InstrumentLeg
QuoteStatusReportAIOptionalOptionalinside LegQuotStatGrp › InstrumentLeg
QuoteStatusRequestaOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
RFQRequestAHOptionalOptionalinside RFQReqGrp › InstrmtLegGrp › InstrumentLeg
RequestForPositionsANOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
RequestForPositionsAckAOOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
SecurityDefinitiondOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
SecurityDefinitionRequestcOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
SecurityDefinitionUpdateReportBPOptionalinside InstrmtLegGrp › InstrumentLeg
SecurityListyOptionalOptionalinside SecListGrp › InstrmtLegSecListGrp › InstrumentLeg
SecurityListRequestxOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
SecurityListUpdateReportBKOptionalinside SecLstUpdRelSymGrp › SecLstUpdRelSymsLegGrp › InstrumentLeg
SecurityStatusfOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
SecurityStatusRequesteOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
TradeCaptureReportAEOptionalOptionalinside TrdInstrmtLegGrp › InstrumentLeg
TradeCaptureReportAckAROptionalOptionalinside TrdInstrmtLegGrp › InstrumentLeg
TradeCaptureReportRequestADOptionalOptionalinside InstrmtLegGrp › InstrumentLeg
TradeCaptureReportRequestAckAQOptionalOptionalinside InstrmtLegGrp › InstrumentLeg

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 556 in TypeScript

decode.tsts
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[556];field?.name;   // "LegCurrency"field?.raw;    // the verbatim wire stringfield?.value;  // coerced to a string

Other Currency fields

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