PegScope (FIX tag 840)

intFIX 4.4FIX 5.0 SP2

PegScope (tag 840) is an int field defined in FIX 4.4 and FIX 5.0 SP2. It appears in 8 message types, always optionally. It is an enumerated field with 4 defined values.

At a glance

Tag: 840
Name: PegScope
Datatype: int
Dialects: FIX 4.4 and FIX 5.0 SP2
Messages: 8
Valid values: 4

What the specification says

The scope of the peg

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

A real message using tag 840

NewOrderSingle · FIX 4.4

Tag	Field	Wire value	Meaning
8	BeginString	FIX.4.4
9	BodyLength	117
35	MsgType	D	Order – Single
49	SenderCompID	BOARTEAM
56	TargetCompID	COUNTERPARTY
34	MsgSeqNum	2
52	SendingTime	20240101-12:00:00.000
11	ClOrdID	ORD-10042
54	Side	1	Buy
60	TransactTime	20240101-12:00:00.000
40	OrdType	1	Market
840	PegScope	1	Local (Exchange, ECN, ATS)
10	CheckSum	001

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.

Valid values

A value outside this list is not a parse error — the message still decodes — but validate() reports it as validate/value-not-in-enum.

Value	Meaning	Symbolic name
1	Local (Exchange, ECN, ATS)	LOCAL
2	National	NATIONAL
3	Global	GLOBAL
4	National excluding local	NATIONAL_EXCLUDING_LOCAL

Where tag 840 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	FIX 4.4	FIX 5.0 SP2	Where in the message
CrossOrderCancelReplaceRequest	t	Optional	Optional	inside the PegInstructions component
ExecutionReport	8	Optional	Optional	inside the PegInstructions component
MultilegOrderCancelReplace	AC	Optional	Optional	inside the PegInstructions component
NewOrderCross	s	Optional	Optional	inside the PegInstructions component
NewOrderList	E	Optional	Optional	inside ListOrdGrp › PegInstructions
NewOrderMultileg	AB	Optional	Optional	inside the PegInstructions component
NewOrderSingle	D	Optional	Optional	inside the PegInstructions component
OrderCancelReplaceRequest	G	Optional	Optional	inside the PegInstructions component

Wire format

A whole number, optionally signed. Leading zeros are legal on the wire and are preserved in the raw value. @boarteam/fix parses the value as a number and reports parse/invalid-int when it does not lex as one; the raw string is kept either way.

Read tag 840 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 pegScope = message.fields[840]?.raw;// e.g. "1" — Local (Exchange, ECN, ATS)// The dictionary also carries the labels:const label = fix.dictionary  .fieldByTag(840)  ?.enumValues?.find((e) => e.value === pegScope)  ?.description;

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

Try the decoder Source on GitHub