New Order - List (MsgType = E)

The New Order - List (E) message type is used by institutions wishing to electronically submit lists of related orders to a broker for execution.

The New Order List (E) is intended for use in staging lists to be executed by the broker. If the institution wishes to work a list using the broker's execution services the orders should be submitted as individual New Order - Single (D) 's.

After staging, the list can be operated on in the following ways:

Execute: The broker can be instructed to release the list for execution by sending the List Execute (L) message.
Cancel: After the list has been staged with the broker, it can be canceled via the submission of the List Cancel (K) message. If the list has not yet been submitted for execution, the List Cancel (K) message will instruct the broker not to execute it, if the list is being executed, the List Cancel (K) message should trigger the broker's system to generate cancel requests for the remaining quantities of each order within the list. Individual orders within the list can be canceled via the Order Cancel Request (F) message.
Status: A status of the list can be requested via the submission of the List Status Request (M) message. The broker will respond with one or more List Status (N) messages which will report executed quantity, canceled quantity and average price for each order in the list.
Replace: Individual orders within the list can be replaced via Order Cancel/Replace Request (G) messages.

Executions against orders within the list will not normally be reported as they occur. (If this feature is desired the institution and broker should arrange for this reporting as a custom feature using the Execution (8) message.) Executions against the list will be reported within the List Status (N) message.

Tag	Field Name	Req'd	Comments
<Standard Message Header>		Y	MsgType = E
66	ListID	Y	Must be unique, by customer, for the day
105	WaveNo	N
67	ListSeqNo	Y
68	ListNoOrds	Y
69	ListExecInst	N	Include only in ListSeqNo (67) = 1 message
11	ClOrdID	Y
109	ClientID	N	Used for third-party transactions
76	ExecBroker	N	Used for third-party transactions
1	Account	N
63	SettlmntTyp	N	Absence of this field is interpreted as Regular.
64	FutSettDate	C	Required when SettlmntTyp (63) = 6 (Future) or SettlmntTyp (63) = 8 (Sellers Option)
21	HandlInst	Y
18	ExecInst	N	Can contain multiple instructions, space delimited.
110	MinQty	N
111	MaxFloor	N
100	ExDestination	N
81	ProcessCode	N
55	Symbol	Y
65	SymbolSfx	N
48	SecurityID	N
22	IDSource	N
106	Issuer	N
107	SecurityDesc	N
140	PrevClosePx	N	Useful for verifying security identification
54	Side	Y
114	LocateReqd	C	Required for short sell orders
38	OrderQty	Y
40	OrdType	Y
44	Price	C	Required for limit OrdTypes
99	StopPx	C	Required for stop OrdTypes
15	Currency	N	Message without currency field is interpreted as US dollars
59	TimeInForce	N	Absence of this field indicates Day order
126	ExpireTime	C	Required in TimeInForce (59) = GTD
12	Commission	N
13	CommType	N
47	Rule80A	N
121	ForexReq	N	Indicates that broker is requested to execute a Forex accommodation trade in conjunction with the security trade.
120	SettlCurrency	C	Required if ForexReq (121) = Y.
58	Text	N
<Standard Message Trailer>		Y