Field ImpliedMarketIndicator (1144) - FIX Protocol FIX.5.0SP1

Type: int

Indicates that an implied market should be created for either the legs of a multi-leg instrument (Implied-in) or for the multi-leg instrument based on the existence of the legs (Implied-out). Determination as to whether implied markets should be created is generally done at the level of the multi-leg instrument. Commonly used in listed derivatives.

Added in protocol FIX.5.0 (42)

See in: FIX.5.0SP2, FIX.5.0SP2 EP240.

Valid values

Value Description Added
0 Not implied FIX.5.0 (42)
1 Implied-in - The existence of a multi-leg instrument is implied by the legs of that instrument FIX.5.0 (42)
2 Implied-out - The existence of the underlying legs are implied by the multi-leg instrument FIX.5.0 (42)
3 Both Implied-in and Implied-out FIX.5.0 (42)

Used in components