Pegged orders question

Imported from previous forum

Pegged orders question:

It says: “Some systems allow pegged orders to be specified with a Price field. In such cases the OrdType should be specified as ‘limit’. In this case…”

should I to read this as:
“Some systems allow pegged orders to be specified with a Price field. In such cases the ExecInst should be specified as ‘Peg to Limit Price’. In this case…” ?