# PegPriceType (1094) **URL:** \ **Category:** General Q&A\ **Tags:** 50-feedback, xid\_165641, imported\ **Created:** [January 12, 2007, 1:44pm UTC](https://forum.fixtrading.org/t/pegpricetype-1094/11726 "2007-01-12T13:44:35Z")\ **Posts on this page:** 2\ **Page:** 1
**Author:** ![fplpo\_x](https://avatars.discourse-cdn.com/v4/letter/f/7ab992/32.png) [@fplpo\_x](https://forum.fixtrading.org/u/fplpo_x)\ **Post date:** [January 12, 2007, 1:44pm UTC](https://forum.fixtrading.org/t/pegpricetype-1094/11726/1 "2007-01-12T13:44:35Z")
Imported from previous forum ---
**Author:** ![fplpo\_x](https://avatars.discourse-cdn.com/v4/letter/f/7ab992/32.png) [@fplpo\_x](https://forum.fixtrading.org/u/fplpo_x)\ **Post date:** [January 12, 2007, 1:44pm UTC](https://forum.fixtrading.org/t/pegpricetype-1094/11726/2 "2007-01-12T13:44:35Z")
[original email was from Rikard Hedberg - [rikard.hedberg@omxgroup.com](mailto:rikard.hedberg@omxgroup.com) ] The PegPriceType (1094) field has the following valid value (among others): 6 - Fixed Peg to Local best bid or offer at time of order All values for this new field were copied from the peg-values of the ExecInst(18) field (values that were simultaneously deprecated). However, the Pegged Orders chapter of volume 4 has the following text: “Prior FIX specifications defined ExecInst = Fixed Peg to Local best bid or offer at time of order (T). This must now be expressed as a pegged order with PegPriceType = Primary Peg (5), PegMoveType = Fixed (1), and PegScope = Local (1).” It seems that ExecInst (18) = T should have been a deprecated value in 4.4 and thereby the PegPriceType (1094) = 6 never introduced into 5.0. Apologies (again…) Rikard