DiscretionInstructions Component

<DiscInstr>

Tag Field Name AbbrName Req'd Comments
388 DiscretionInst DsctnInst What the discretionary price is related to (e.g. primary price, display price etc)
389 DiscretionOffsetValue OfstValu Amount (signed) added to the "related to" price specified via DiscretionInst, in the context of DiscretionOffsetType
841 DiscretionMoveType MoveTyp Describes whether discretion price is static/fixed or floats
842 DiscretionOffsetType OfstTyp Type of Discretion Offset (e.g. price offset, tick offset etc)
843 DiscretionLimitType LimitTyp Specifies the nature of the resulting discretion price (e.g. or better limit, strict limit etc)
844 DiscretionRoundDirection RndDir If the calculated discretion price is not a valid tick price, specifies how to round the price (e.g. to be more or less aggressive)
846 DiscretionScope Scope The scope of "related to" price of the discretion (e.g. local, global etc)
Used in the following messages and components
ExecutionReport NewOrderSingle OrderCancelReplaceRequest NewOrderCross CrossOrderCancelReplaceRequest NewOrderMultileg MultilegOrderCancelReplace ListOrdGrp