FIX Version FIX.5.0SP2 Extension Pack EP122

Approval Date 2010-10-31T00:00:00.000

Description Unit of Measure Extensions




Field Changes

Updated Fields

TagNameTypeDescriptionAssociatedDataTagAbbrNameBaseCategoryBaseCategoryAbbrNameNotReqXMLEnumDatatypeUnionDataType
996The unit of measure of the underlying commodity upon which the contract is based. Two groups of units of measure enumerations are supported. Fixed Magnitude UOMs are primarily used in energy derivatives and specify a magnitude (such as, MM, Kilo, M, etc.) and the dimension (such as, watt hours, BTU's) to produce standard fixed measures (such as MWh - Megawatt-hours, MMBtu - One million BTUs). The second group, Variable Quantity UOMs, specifies the dimension as a single unit without a magnitude (or more accurately a magnitude of one) and uses the UnitOfMeasureQty(1147) field to define the quantity of units per contract. Variable Quantity UOMs are used for both commodities (such as lbs of lean cattle, bushels of corn, ounces of gold) and financial futures. Examples: For lean cattle futures contracts, a UnitOfMeasure of 'lbs' with a UnitOfMeasureQty(1147) of 40,000, means each lean cattle futures contract represents 40,000 lbs of lean cattle. For Eurodollars futures contracts, a UnitOfMeasure of Ccy with a UnitOfMeasureCurrency(1716) of USD and a UnitOfMeasureQty(1147) of 1,000,000, means a Eurodollar futures contract represents 1,000,000 USD. For gold futures contracts, a UnitOfMeasure is oz_tr (Troy ounce) with a UnitOfMeasureQty(1147) of 1,000, means each gold futures contract represents 1,000 troy ounces of gold.


New Fields

TagNameTypeDescriptionAssociatedDataTagAbbrNameBaseCategoryBaseCategoryAbbrNameNotReqXMLEnumDatatypeUnionDataType
1716UnitOfMeasureCurrencyCurrencyIndicates the currency of the unit of measure. Conditionally required when UnitOfMeasure(996) = CcyUOMCcy0
1717PriceUnitOfMeasureCurrencyCurrencyIndicates the currency of the price unit of measure. Conditionally required when PriceUnitOfMeasure(1191) = CcyPxUOMCcy0
1718UnderlyingUnitOfMeasureCurrencyCurrencyIndicates the currency of the underlying unit of measure. Conditionally required when UnderlyingUnitOfMeasure(998) = CcyUOMCcy0
1719UnderlyingPriceUnitOfMeasureCurrencyCurrencyIndicates the currency of the underlying price unit of measure. Conditionally required when UnderlyingPriceUnitOfMeasure(1424) = CcyPxUOMCcy0
1720LegUnitOfMeasureCurrencyCurrencyIndicates the currency of the unit of measure. Conditionally required when LegUnitOfMeasure(999) = CcyUOMCcy0
1721LegPriceUnitOfMeasureCurrencyCurrencyIndicates the currency of the price unit of measure. Conditionally required when LegPriceUnitOfMeasure(1421) = CcyPxUOMCcy0
1722DerivativeUnitOfMeasureCurrencyCurrencyIndicates the currency of the unit of measure. Conditionally required when DerivativeUnitOfMeasure(1269) = CcyUOMCcy0
1723DerivativePriceUnitOfMeasureCurrencyCurrencyIndicates the currency of the price unit of measure. Conditionally required when DerivativePriceUnitOfMeasure(1315) = CcyPxUOMCcy0



Enumerations

Enumerations Added

TagValueSymbolicNameGroupSortDescriptionDefinition
996CcyCurrencyVariable Quantity UOM18Amount of currency
996BDFTBoardFeetVariable Quantity UOM19Board feet
996IPNTIndexPointVariable Quantity UOM20Index point
996dayDayVariable Quantity UOM21Days
996cwtHundredweightVariable Quantity UOM22Hundredweight(US)
996gGramsVariable Quantity UOM23Grams
996dtDryMetricTonsVariable Quantity UOM24Dry metric tons

Message/Component Content

Messages/Components  Content Added

ComponentIDTagTextIndentPositionReqdDescription
10031716029.21010
10031717029.21210
10211718030.10110
10211719030.10310
10051720029.10110
10051721029.10310
2140172204.110
2140172304.3010