The following table identifies the key tags for the MDP Security Definition (tag 35-MsgType=d) message for the April 2019 Chicago Natural Gas Basis Swap (NBNJ9) contract for order entry and market data display.
Chicago Natural Gas Basis Swap (NBN)
This example shows the elements of an April 2019 Chicago Natural Gas Basis Swap (NBNJ9) contract for order entry and market data display.
Security Definition (tag 35-MsgType=d) Message Key Elements
The → symbol indicates a repeating group tag.
| Tag | FIX Name | Format | MDP 3.0 Value |
|---|---|---|---|
562 | MinTradeVol | Qty (9) | 1 |
→871 | InstAttribType | Int (2) | 24 |
→872 | InstAttribValue | String (2) | 16 = Variable Quantity Eligibility |
1439 | FlowScheduleType | Int (1) | 2 = Calendar-All Days in month |
1231 | MinLotSize | Price (20) | 2500 |
231 | ContractMultiplier | Int (5) | 31 |
996 | UnitofMeasure | String (30) | MMBTU |
5849 | OriginalContractSize | Int (12) | 2500 |
1435 | ContractMultiplierUnit | Int (1) | 2 = multiplied by day |
The following table illustrates display values for a 3-lot order for NBNJ9:
Lot Display | 3 |
Unit Display | 7500 MMBtu |
Display and Cleared Quantity | <3> * <2500> * <31> = 232,500 MMBtu |