Price & Quantity
Understanding price and quantity
New Order Single Example
In a New Order Single <D>
message for the BTCUSD
symbol:
- OrderQty
<38>
is denominated in BTC (the quantity currency). - Price
<44>
is denominated in USD (the price currency).
Raw FIX Message
RAW 8=FIX.4.4|9=137|35=D|34=2237|49=CLIENT|52=20160218-22:25:24.277|56=GEMINI|11=SOME_ORDER|38=5|40=2|44=420.18|54=1|55=BTCUSD|59=1|60=20160218-17:24:14.453|10=066| HEADER 8 BeginString: FIX4.4 9 BodyLength: 137 34 MsgSeqNum: 2237 35 MsgType: NewOrderSingle (D) 49 SenderCompID: CLIENT 52 SendingTime: 20160218-22:25:24.277 56 TargetCompID: GEMINI BODY 11 ClOrdID: SOME_ORDER 38 OrderQty: 5 40 OrdType: LIMIT (2) 44 Price: 420.18 54 Side: BUY (1) 55 Symbol: BTCUSD 59 TimeInForce: GOOD_TILL_CANCEL (1) 60 TransactTime: 20160218-17:24:14.453 TRAILER 10 CheckSum: 066txt