---
title: OrdType <40> field – FIX 5.0 SP1 – FIX Dictionary – Onix Solutions
description: OrdType <40> field – FIX 5.0 SP1 – FIX Dictionary – Onix Solutions
---

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# OrdType <40> field – FIX 5.0 SP1 – FIX Dictionary

| Messages by MsgType \| Messages by Name \| Fields by Tag \| Fields by Name \| FIX 5.0 SP1 \| Home FIX 5.0 SP1 : OrdType <40> field Type: char Used In Description Order type. Valid values: 1 = Market 2 = Limit 3 = Stop / Stop Loss 4 = Stop Limit 5 = Market On Close (No longer used) (Deprecated in FIX 4.3) 6 = With Or Without 7 = Limit Or Better (Deprecated in FIX 4.4) 8 = Limit With Or Without 9 = On Basis A = On Close (No longer used) (Deprecated in FIX 4.3) B = Limit On Close (No longer used) (Deprecated in FIX 4.3) C = Forex Market (No longer used) (Deprecated in FIX 4.3) D = Previously Quoted E = Previously Indicated F = Forex Limit (No longer used) (Deprecated in FIX 4.3) G = Forex Swap H = Forex Previously Quoted (No longer used) (Deprecated in FIX 4.3) I = Funari (Limit day order with unexecuted portion handles as Market On Close. E.g. Japan) J = Market If Touched (MIT) K = Market With Left Over as Limit (market order with unexecuted quantity becoming limit order at last price) L = Previous Fund Valuation Point (Historic pricing; for CIV) M = Next Fund Valuation Point (Forward pricing; for CIV) P = Pegged Q = Counter-Order Selection *** SOME VALUES ARE NO LONGER USED - See: "Appendix 6-F: 11.Removed Deprecated "On Close"-related Values for OrdType Field [Deprecated in FIX 4.3, Removed in FIX 4.4]" and "Appendix 6-F: 14.Removed three Deprecated "Forex - "-related Values for OrdType Field [Deprecated and Replaced in FIX 4.3, Removed in FIX 4.4]" *** Used In <ListOrdGrp> <MDFullGrp> <MDIncGrp> <OrdTypeRules> <QuotEntryAckGrp> <QuotEntryGrp> <QuotReqGrp> <QuotReqRjctGrp> <TrdCapRptAckSideGrp> <TrdCapRptSideGrp> ExecutionReport <8> NewOrderMultileg <AB> MultilegOrderCancelReplace <AC> QuoteStatusReport <AI> QuoteResponse <AJ> NewOrderSingle <D> OrderCancelReplaceRequest <G> NewOrderCross <s> Quote <S> CrossOrderCancelReplaceRequest <t> |
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