The New Order - List (E) message can be used in one of two ways depending on which market conventions are being followed.
In the "Non disclosed" convention the New Order - List (E) message is sent after the bidding process has been completed, by telephone or electronically. The New Order - List (E) message enumerates the stocks, quantities, direction for the trade and may contain pre-allocation information.
This message may also be used as the first message for the transmission of a program trade where the bidding process has been done by means other than FIX. In this scenario the messages may either be used as a staging process, in which case the broker will start execution once either a ListExecute is received or for immediate execution, in which case the orders will be executed on receipt.
In the "Disclosed" convention the New Order - List (E) message is sent before the bidding process is started, by telephone or electronically. The New Order - List (E) message enumerates the stocks and quantities from the bidding process, and may contain pre-allocation information. The direction of the trade is disclosed after the bidding process is completed.
See Appendix N - Program/Basket/List Trading for an example.
| Tag | Field Name | Req'd | Comments | ||
|---|---|---|---|---|---|
| <Standard Message Header> | Y | MsgType = E |
|||
| 66 | ListID | Y | Must be unique, by customer, for the day |
||
| 390 | BidID | N | Should refer to an earlier program if bidding took place. |
||
| 391 | ClientBidID | N | |||
| 414 | ProgRptReqs | N | |||
| 394 | BidType | Y | e.g. Non Disclosed Model, Disclosed Model, No Bidding Process |
||
| 415 | ProgPeriodInterval | N | |||
| 433 | ListExecInstType | N | Controls when execution should be begin. |
||
| 69 | ListExecInst | N | Free-form text. |
||
| 352 | EncodedListExecInstLen | C | Must be set if EncodedListExecInst (353) field is specified
and must immediately precede it. |
||
| 353 | EncodedListExecInst | C | Encoded (non-ASCII characters) representation of the ListExecInst (69) field in the encoded format specified via the MessageEncoding (347) field. |
||
| 68 | TotNoOrders | Y | Used to support fragmentation. Sum of NoOrders (73) across
all messages with the same ListID (66) . |
||
| 73 | NoOrders | Y | Number of orders in this message (number of repeating groups to follow) |
||
| => | 11 | ClOrdID | Y | Must be the first field in the repeating group. |
|
| => | 67 | ListSeqNo | Y | Order number within the list |
|
| => | 160 | SettlInstMode | N | ||
| => | 109 | ClientID | N | ||
| => | 76 | ExecBroker | N | ||
| => | 1 | Account | N | ||
| => | 78 | NoAllocs | N | Indicates number of pre-trade allocation accounts to follow |
|
| => | => | 79 | AllocAccount | C | Required if NoAllocs (78) > 0. Must be the first
field in the repeating group. |
| => | => | 80 | AllocShares | N | |
| => | 63 | SettlmntTyp | N | ||
| => | 64 | FutSettDate | N | ||
| => | 21 | HandlInst | N | ||
| => | 18 | ExecInst | N | Can contain multiple instructions, space delimited. If OrdType (40) =P, exactly one of the following values ( ExecInst (18) = L, R, M, P, O, T, or W) must be specified. |
|
| => | 110 | MinQty | N | ||
| => | 111 | MaxFloor | N | ||
| => | 100 | ExDestination | N | ||
| => | 386 | NoTradingSessions | N | ||
| => | => | 336 | TradingSessionID | C | First field in repeating group. Required if NoTradingSessions (386) > 0. |
| => | 81 | ProcessCode | N | ||
| => | 55 | Symbol | Y | ||
| => | 65 | SymbolSfx | N | Can be repeated multiple times if message is related to multiple symbols. |
|
| => | 48 | SecurityID | N | Can be repeated multiple times if message is related to multiple symbols. |
|
| => | 22 | IDSource | N | Can be repeated multiple times if message is related to multiple symbols. |
|
| => | 167 | SecurityType | N | Must be specified if a Future or Option. If a Future: Symbol (55) , SecurityType (167) , and MaturityMonthYear (200) are required. If an Option: Symbol (55) , SecurityType (167) , MaturityMonthYear (200) , PutOrCall (201) ,
and StrikePrice (202) are required. |
|
| => | 200 | MaturityMonthYear | C | Specifies the month and year of maturity. Required if MaturityDay (205) is specified. |
|
| => | 205 | MaturityDay | N | Can be used in conjunction with MaturityMonthYear (200) to
specify a particular maturity date. |
|
| => | 201 | PutOrCall | C | For Options. |
|
| => | 202 | StrikePrice | C | For Options. |
|
| => | 206 | OptAttribute | N | For Options. |
|
| => | 231 | ContractMultiplier | N | For Fixed Income, Convertible Bonds, Derivatives, etc. Note: If used, quantities
should be expressed in the "nominal" (e.g. contracts vs. shares) amount. |
|
| => | 223 | CouponRate | N | For Fixed Income. |
|
| => | 207 | SecurityExchange | N | Can be used to identify the security. |
|
| => | 106 | Issuer | N | Can be repeated multiple times if message is related to multiple symbols. |
|
| => | 348 | EncodedIssuerLen | C | Must be set if EncodedIssuer (349) field is specified and
must immediately precede it. |
|
| => | 349 | EncodedIssuer | C | Encoded (non-ASCII characters) representation of the Issuer (106) field in the encoded format specified via the MessageEncoding (347) field. |
|
| => | 107 | SecurityDesc | N | Can be repeated multiple times if message is related to multiple symbols. |
|
| => | 350 | EncodedSecurityDescLen | C | Must be set if EncodedSecurityDesc (351) field is
specified and must immediately precede it. |
|
| => | 351 | EncodedSecurityDesc | C | Encoded (non-ASCII characters) representation of the SecurityDesc (107) field in the encoded format specified via the MessageEncoding (347) field. |
|
| => | 140 | PrevClosePx | N | Useful for verifying security identification |
|
| => | 54 | Side | Y | Note: to indicate the side of SideValue1 (396) or SideValue2 (397) , specify Side (54) =Undisclosed
and SideValueInd (401) =either the SideValue1 (396) or SideValue2 (397) indicator. |
|
| => | 401 | SideValueInd | N | Refers to the SideValue1 (396) or SideValue2 (397) . These are used as opposed to Buy or Sell so that the
basket can be quoted either way as Buy or Sell. |
|
| => | 114 | LocateReqd | C | Required for short sell orders |
|
| => | 60 | TransactTime | N | ||
| => | 38 | OrderQty | C | Either CashOrderQty (152) or OrderQty (38) is required. Note that either, but not both, CashOrderQty or
OrderQty should be specified. |
|
| => | 152 | CashOrderQty | C | Either CashOrderQty (152) or OrderQty (38) is required. Note that either, but not both, CashOrderQty (152) or OrderQty (38) should be
specified. Specifies the approximate "monetary quantity" for the order. Broker is
responsible for converting and calculating OrderQty (38) in
shares for subsequent messages. |
|
| => | 40 | OrdType | N | ||
| => | 44 | Price | N | ||
| => | 99 | StopPx | N | ||
| => | 15 | Currency | N | ||
| => | 376 | ComplianceID | N | ||
| => | 377 | SolicitedFlag | N | ||
| => | 23 | IOIid | C | Required for Previously Indicated Orders ( OrdType (40) =E) |
|
| => | 117 | QuoteID | C | Required for Previously Quoted Orders ( OrdType (40) =D) |
|
| => | 59 | TimeInForce | N | ||
| => | 168 | EffectiveTime | N | ||
| => | 432 | ExpireDate | C | Conditionally required if TimeInForce (59) = GTD
and ExpireTime (126) is not specified. |
|
| => | 126 | ExpireTime | C | Conditionally required if TimeInForce (59) = GTD
and ExpireDate (432) is not specified. |
|
| => | 427 | GTBookingInst | N | States whether executions are booked out or accumulated on a partially filled GT order. |
|
| => | 12 | Commission | N | ||
| => | 13 | CommType | N | ||
| => | 47 | Rule80A | N | ||
| => | 121 | ForexReq | N | ||
| => | 120 | SettlCurrency | N | ||
| => | 58 | Text | N | ||
| => | 354 | EncodedTextLen | C | Must be set if EncodedText (355) field is specified and
must immediately precede it. |
|
| => | 355 | EncodedText | C | Encoded (non-ASCII characters) representation of the Text (58) field in the encoded format specified via the MessageEncoding (347) field. |
|
| => | 193 | FutSettDate2 | N | Can be used with OrdType (40) = "Forex - Swap" to specify
the "value date" for the future portion of a F/X swap. |
|
| => | 192 | OrderQty2 | N | Can be used with OrdType (40) = "Forex - Swap" to specify
the order quantity for the future portion of a F/X swap. |
|
| => | 77 | OpenClose | N | ||
| => | 203 | CoveredOrUncovered | N | ||
| => | 204 | CustomerOrFirm | N | ||
| => | 210 | MaxShow | N | ||
| => | 211 | PegDifference | N | ||
| => | 388 | DiscretionInst | N | Code to identify the price a DiscretionOffset (389) is
related to and should be mathematically added to. Required if DiscretionOffset (389) is specified. |
|
| => | 389 | DiscretionOffset | N | Amount (signed) added to the "related to" price specified via DiscretionInst (388) . |
|
| => | 439 | ClearingFirm | N | ||
| => | 440 | ClearingAccount | N | ||
| <Standard Message Trailer> | Y | ||||