LegOrdGrp/FIX.5.0

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Content of Component LegOrdGrp

TagText FieldName or ComponentName Required Description
555 NoLegs x Number of legs

Can be zero (e.g. standardized multileg instrument such as an Option strategy) - must be provided even if zero


InstrumentLeg Must be provided if Number of legs > 0


1017 LegOptionRatio LegOptionRatio is provided on Covering leg to create a delta neutral spread. In Listed Derivatives, LegDelta LegOptionRatio is multiplied by LegOptionRatio and OrderQty to determine the covering quantity


687 LegQty
690 LegSwapType
LegStipulations
LegPreAllocGrp
564 LegPositionEffect Provide if the PositionEffect for the leg is different from that specified for the overall multileg security


565 LegCoveredOrUncovered Provide if the CoveredOrUncovered for the leg is different from that specified for the overall multileg security.


NestedParties Insert here the set of "Nested Parties" (firm identification "nested" within additional repeating group) fields defined in "Common Components of Application Messages"

Used for NestedPartyRole=Leg Clearing Firm/Account, Leg Account/Account Type


654 LegRefID Used to identify a specific leg.


566 LegPrice Provide only if a price is required for a specific leg. Used for anchoring the overall multileg security price to a specific leg price.


587 LegSettlType Refer to values for SettlType (63)


588 LegSettlDate Refer to values for SettlDate (64)


685 LegOrderQty


Notes

Please post comments, clarifications, examples here. Click on the edit button on the right and away you go! 
Don't forget to refer to the FPL Discussion Groups to back up anything you write. You will often find the authoritative statements on matters of FIX specification interpretation there. Links from FIXwiki pages to relevant discussions on the FPL site are very valuable.
For example if you were writing a clarification on how to specify the "quantity" of an order in FIX, you might add the following relevant link, http://www.fixprotocol.org/discuss/read/f5014573, to back up your points.
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