FIX 5.0 : ExecInst <18> field

Type: MultipleCharValue

Used In

Description

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.

Valid values:

0 = Stay on offer side

1 = Not held

2 = Work

3 = Go along

4 = Over the day

5 = Held

6 = Participate don't initiate

7 = Strict scale

8 = Try to scale

9 = Stay on bid side

A = No cross (cross is forbidden)

B = OK to cross

C = Call first

D = Percent of volume (indicates that the sender does not want to be all of the volume on the floor vs. a specific percentage)

E = Do not increase - DNI

F = Do not reduce - DNR

G = All or none - AON

H = Reinstate on System Failue (mutually exclusive with Q)

I = Institutions only

J = Reinstate on Trading Halt (mutually exclusive with K)

K = Cancel on Trading Halt (mutually exclusive with J)

L = Last peg (last sale)

M = Mid-price peg (midprice of inside quote)

N = Non-negotiable

O = Opening peg

P = Market peg

Q = Cancel on system failure (mutually exclusive with H)

R = Primary peg (primary market - buy at bid/sell at offer)

S = Suspend

T = Fixed Peg to Local best bid or offer at time of order

U = Customer Display Instruction (Rule 11Ac1-1/4)

V = Netting (for Forex)

W = Peg to VWAP

X = Trade Along

Y = Try To Stop

Z = Cancel if not best

a = Trailing Stop Peg

b = Strict Limit (No price improvement)

c = Ignore Price Validity Checks

d = Peg to Limit Price

e = Work to Target Strategy

f = Intermarket Sweep

g = External Routing Allowed

h = External Routing Not Allowed

i = Imbalance Only

j = Single execution requested for block trade

k = Best Execution

*** SOME VALUES HAVE BEEN REPLACED - See:
"Appendix 6-F: 16.Replaced "Fixed Peg to Local best bid or offer at time of order" value from ExecInst (tag 18) Field [Replaced in FIX 4.4]" ***

Used In

Onix Solutions