LegRatioQty (FIX tag 623)

floatFIX 4.4

LegRatioQty (tag 623) is a float field defined in FIX 4.4. It appears in 50 message types, always optionally.

At a glance

Tag
623
Name
LegRatioQty
Datatype
float
Dialects
FIX 4.4
Messages
50

What the specification says

The ratio of quantity for this individual leg relative to the entire multileg security.

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

A real message using tag 623

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
623LegRatioQty1.0
600LegSymbolEXAMPLE
623LegRatioQty1.0
10CheckSum194
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 623 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.

MessageMsgTypeRequirednessWhere in the message
Advertisement7Optionalinside InstrmtLegGrp › InstrumentLeg
AllocationInstructionJOptionalinside InstrmtLegGrp › InstrumentLeg
AllocationReportASOptionalinside InstrmtLegGrp › InstrumentLeg
AssignmentReportAWOptionalinside InstrmtLegGrp › InstrumentLeg
CollateralAssignmentAYOptionalinside InstrmtLegGrp › InstrumentLeg
CollateralInquiryBBOptionalinside InstrmtLegGrp › InstrumentLeg
CollateralInquiryAckBGOptionalinside InstrmtLegGrp › InstrumentLeg
CollateralReportBAOptionalinside InstrmtLegGrp › InstrumentLeg
CollateralRequestAXOptionalinside InstrmtLegGrp › InstrumentLeg
CollateralResponseAZOptionalinside InstrmtLegGrp › InstrumentLeg
ConfirmationAKOptionalinside InstrmtLegGrp › InstrumentLeg
CrossOrderCancelReplaceRequesttOptionalinside InstrmtLegGrp › InstrumentLeg
CrossOrderCancelRequestuOptionalinside InstrmtLegGrp › InstrumentLeg
DerivativeSecurityListAAOptionalinside RelSymDerivSecGrp › InstrmtLegGrp › InstrumentLeg
DontKnowTradeQOptionalinside InstrmtLegGrp › InstrumentLeg
EmailCOptionalinside InstrmtLegGrp › InstrumentLeg
ExecutionReport8Optionalinside InstrmtLegExecGrp › InstrumentLeg
IOI6Optionalinside InstrmtLegIOIGrp › InstrumentLeg
MarketDataIncrementalRefreshXOptionalinside MDIncGrp › InstrmtLegGrp › InstrumentLeg
MarketDataRequestVOptionalinside InstrmtMDReqGrp › InstrmtLegGrp › InstrumentLeg
MarketDataSnapshotFullRefreshWOptionalinside InstrmtLegGrp › InstrumentLeg
MassQuoteiOptionalinside QuotSetGrp › QuotEntryGrp › InstrmtLegGrp › InstrumentLeg
MassQuoteAcknowledgementbOptionalinside QuotSetAckGrp › QuotEntryAckGrp › InstrmtLegGrp › InstrumentLeg
MultilegOrderCancelReplaceACOptionalinside LegOrdGrp › InstrumentLeg
NewOrderCrosssOptionalinside InstrmtLegGrp › InstrumentLeg
NewOrderMultilegABOptionalinside LegOrdGrp › InstrumentLeg
NewsBOptionalinside InstrmtLegGrp › InstrumentLeg
PositionMaintenanceReportAMOptionalinside InstrmtLegGrp › InstrumentLeg
PositionMaintenanceRequestALOptionalinside InstrmtLegGrp › InstrumentLeg
PositionReportAPOptionalinside InstrmtLegGrp › InstrumentLeg
QuoteSOptionalinside LegQuotGrp › InstrumentLeg
QuoteCancelZOptionalinside QuotCxlEntriesGrp › InstrmtLegGrp › InstrumentLeg
QuoteRequestROptionalinside QuotReqGrp › QuotReqLegsGrp › InstrumentLeg
QuoteRequestRejectAGOptionalinside QuotReqRjctGrp › QuotReqLegsGrp › InstrumentLeg
QuoteResponseAJOptionalinside LegQuotGrp › InstrumentLeg
QuoteStatusReportAIOptionalinside LegQuotStatGrp › InstrumentLeg
QuoteStatusRequestaOptionalinside InstrmtLegGrp › InstrumentLeg
RFQRequestAHOptionalinside RFQReqGrp › InstrmtLegGrp › InstrumentLeg
RequestForPositionsANOptionalinside InstrmtLegGrp › InstrumentLeg
RequestForPositionsAckAOOptionalinside InstrmtLegGrp › InstrumentLeg
SecurityDefinitiondOptionalinside InstrmtLegGrp › InstrumentLeg
SecurityDefinitionRequestcOptionalinside InstrmtLegGrp › InstrumentLeg
SecurityListyOptionalinside SecListGrp › InstrmtLegSecListGrp › InstrumentLeg
SecurityListRequestxOptionalinside InstrmtLegGrp › InstrumentLeg
SecurityStatusfOptionalinside InstrmtLegGrp › InstrumentLeg
SecurityStatusRequesteOptionalinside InstrmtLegGrp › InstrumentLeg
TradeCaptureReportAEOptionalinside TrdInstrmtLegGrp › InstrumentLeg
TradeCaptureReportAckAROptionalinside TrdInstrmtLegGrp › InstrumentLeg
TradeCaptureReportRequestADOptionalinside InstrmtLegGrp › InstrumentLeg
TradeCaptureReportRequestAckAQOptionalinside 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 623 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[623];field?.name;   // "LegRatioQty"field?.raw;    // the verbatim wire stringfield?.value;  // coerced to a number

Other float 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