Type: MultipleCharValue
Instructions for order handling on exchange trading floor. If more than one instruction is applicable to an order, this field can contain multiple instructions separated by space. *** SOME VALUES HAVE BEEN REPLACED – See “Replaced Features and Supported Approach” *** (see Volume : “Glossary” for value definitions)
Added in protocol FIX.2.7
See in: FIX.4.0, FIX.4.1, FIX.4.2, FIX.4.3, FIX.4.4, FIX.5.0, FIX.5.0SP2, FIX.5.0SP2 EP240.
Valid values
| Value | Description | Added |
|---|---|---|
| 0 | Stay on offer side | FIX.2.7 |
| 1 | Not held | FIX.2.7 |
| 2 | Work | FIX.2.7 |
| 3 | Go along | FIX.2.7 |
| 4 | Over the day | FIX.2.7 |
| 5 | Held | FIX.2.7 |
| 6 | Participate don’t initiate | FIX.2.7 |
| 7 | Strict scale | FIX.2.7 |
| 8 | Try to scale | FIX.2.7 |
| 9 | Stay on bid side | FIX.2.7 |
| A | No cross (cross is forbidden) | FIX.2.7 |
| B | OK to cross | FIX.2.7 |
| C | Call first | FIX.2.7 |
| D | Percent of volume (indicates that the sender does not want to be all of the volume on the floor vs. a specific percentage) | FIX.2.7 |
| E | Do not increase – DNI | FIX.2.7 |
| F | Do not reduce – DNR | FIX.2.7 |
| G | All or none – AON | FIX.2.7 |
| H | Reinstate on system failure (mutually exclusive with Q and l) | FIX.4.3 |
| I | Institutions only | FIX.3.0 |
| J | Reinstate on Trading Halt (mutually exclusive with K and m) | FIX.4.3 |
| K | Cancel on Trading Halt (mutually exclusive with J and m) | FIX.4.3 |
| L | Last peg (last sale) | FIX.3.0 |
| M | Mid-price peg (midprice of inside quote) | FIX.3.0 |
| N | Non-negotiable | FIX.3.0 |
| O | Opening peg | FIX.3.0 |
| P | Market peg | FIX.3.0 |
| Q | Cancel on system failure (mutually exclusive with H and l) | FIX.4.3 |
| R | Primary peg (primary market – buy at bid/sell at offer) | FIX.3.0 |
| S | Suspend | FIX.3.0 |
| T | Fixed Peg to Local best bid or offer at time of order | FIX.4.4 (35) |
| U | Customer Display Instruction (Rule 11Ac1-1/4) | FIX.4.1 |
| V | Netting (for Forex) | FIX.4.1 |
| W | Peg to VWAP | FIX.4.2 |
| X | Trade Along | FIX.4.3 |
| Y | Try To Stop | FIX.4.3 |
| Z | Cancel if not best | FIX.4.4 |
| a | Trailing Stop Peg | FIX.4.4 |
| b | Strict Limit (No price improvement) | FIX.4.4 |
| c | Ignore Price Validity Checks | FIX.4.4 |
| d | Peg to Limit Price | FIX.4.4 |
| e | Work to Target Strategy | FIX.4.4 |
| f | Intermarket Sweep | FIX.4.4 (6) |
| g | External Routing Allowed | FIX.4.4 (14) |
| h | External Routing Not Allowed | FIX.4.4 (14) |
| i | Imbalance Only | FIX.4.4 (22) |
| j | Single execution requested for block trade | FIX.4.4 (6) |
| k | Best Execution | FIX.4.4 (35) |
| l | Suspend on system failure (mutually exclusive with H and Q) | FIX.5.0 (58) |
| m | Suspend on Trading Halt (mutually exclusive with J and K) | FIX.5.0 (58) |
| n | Reinstate on connection loss (mutually exclusive with o and p) | FIX.5.0 (58) |
| o | Cancel on connection loss (mutually exclusive with n and p) | FIX.5.0 (58) |
| p | Suspend on connection loss (mutually exclusive with n and o) | FIX.5.0 (58) |
| q | Release from suspension (mutually exclusive with S) | FIX.5.0 (58) |
| r | Execute as delta neutral using volatility provided | FIX.5.0 (59) |
| s | Execute as duration neutral | FIX.5.0 (59) |
| t | Execute as FX neutral | FIX.5.0 (59) |