QtyType and LastQty

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Imported from previous forum

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[ original email was from Tom Healey - thealey@thpartners.com ]
Can anyone clarify the use of QtyType(854) for Fixed Income securities. If the Qtytype = 0, does LastQty(32) indicated number of bonds or total cash amount? If QtyType =0 always refers to the number of bonds, how do you indicated the cash amount instead?
Also, can LastQty be used to indicated a fractional amount of a bond?

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[ original email was from Alexander Mologoko - avm@btobits.com ]
> Can anyone clarify the use of QtyType(854) for Fixed Income securities. If the Qtytype = 0, does LastQty(32) indicated number of bonds or total cash amount? If QtyType =0 always refers to the number of bonds, how do you indicated the cash amount instead?
> Also, can LastQty be used to indicated a fractional amount of a bond?
>

Tom:

If QtyType(854)=‘0’ then LastQty(32) is the nominal - exactly what you refer
to as “total cash amount”. To specify quantity as a number of bonds you have
to use QtyType(854)=‘1’ and ContractMultiplier(231)=‘1000’. In this case you
can use fractional quantities to specify amounts for “baby” bonds.