The List Execute (L) message type is used by institutions to instruct the broker to begin execution of a previously submitted list. This message may or may not be used, as it may be mirroring a phone conversation.
| Tag | Field Name | Req'd | Comments | ||
|---|---|---|---|---|---|
| <Standard Message Header> | Y | MsgType = L |
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| 66 | ListID | Y | Must be unique, by customer, for the day |
||
| 391 | ClientBidID | N | Used with BidType (394) =Disclosed to provide the sell side
the ability to determine the direction of the trade to execute. |
||
| 390 | BidID | N | |||
| 60 | TransactTime | Y | Time this order request was initiated/released by the trader or trading system. |
||
| 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. |
||
| <Standard Message Trailer> | Y | ||||