Description
Used to submit a cross order into a market. The cross order contains two order sides (a buy and a sell). The cross order is identified by its CrossID <548>.
New Order - Cross
Structure
| Tag | Field Name | Req'd | Comments | |
|---|---|---|---|---|
| Component Block - <StandardHeader> | Y | MsgType = s (lowercase S) | ||
| 548 | CrossID | Y | ||
| 2422 | OrderRequestID | N | ||
| 549 | CrossType | Y | ||
| 550 | CrossPrioritization | Y | ||
| Component Block - <RootParties> | N | Insert here the set of "Root Parties" fields defined in "common components of application messages" Used for acting parties that applies to the whole message, not individual sides. | ||
| Component Block - <SideCrossOrdModGrp> | Y |
Must be 1 or 2 1 or 2 if CrossType=1 2 otherwise |
||
| Component Block - <Instrument> | Y | Insert here the set of "Instrument" (symbology) fields defined in "Common Components of Application Messages" | ||
| Component Block - <UndInstrmtGrp> | N | Number of underlyings | ||
| Component Block - <InstrmtLegGrp> | N | Number of Legs | ||
| 63 | SettlType | N | ||
| 64 | SettlDate | N | Takes precedence over SettlType value and conditionally required/omitted for specific SettlType values. | |
| 21 | HandlInst | N | ||
| 18 | ExecInst | N | Can contain multiple instructions, space delimited. If OrdType=P, exactly one of the following values (ExecInst = L, R, M, P, O, T, or W) must be specified. | |
| 110 | MinQty | N | ||
| 1822 | MinQtyMethod | N | ||
| 1089 | MatchIncrement | N | ||
| 1090 | MaxPriceLevels | N | ||
| Component Block - <DisplayInstruction> | N | Insert here the set of "DisplayInstruction" fields defined in "common components of application messages" | ||
| 111 | MaxFloor | N | ||
| 1300 | MarketSegmentID | N | ||
| 100 | ExDestination | N | ||
| 1133 | ExDestinationIDSource | N | ||
| Component Block - <TrdgSesGrp> | N | Specifies the number of repeating TradingSessionIDs | ||
| 81 | ProcessCode | N | Used to identify soft trades at order entry. | |
| 140 | PrevClosePx | N | Useful for verifying security identification | |
| 114 | LocateReqd | N | Required for short sell orders | |
| 60 | TransactTime | Y | Time this order request was initiated/released by the trader, trading system, or intermediary. | |
| 483 | TransBkdTime | N | A date and time stamp to indicate when this order was booked with the agent prior to submission to the VMU | |
| Component Block - <Stipulations> | N | Insert here the set of "Stipulations" (repeating group of Fixed Income stipulations) fields defined in "Common Components of Application Messages" | ||
| 40 | OrdType | Y | ||
| 423 | PriceType | N | ||
| 44 | Price | N | Required for limit OrdTypes. For F/X orders, should be the "all-in" rate (spot rate adjusted for forward points). Can be used to specify a limit price for a pegged order, previously indicated, etc. | |
| 1092 | PriceProtectionScope | N | ||
| 99 | StopPx | N | Required for OrdType = "Stop" or OrdType = "Stop limit". | |
| Component Block - <TriggeringInstruction> | N | Insert here the set of "TriggeringInstruction" fields defined in "common components of application messages" | ||
| Component Block - <SpreadOrBenchmarkCurveData> | N | Insert here the set of "SpreadOrBenchmarkCurveData" (Fixed Income spread or benchmark curve) fields defined in "Common Components of Application Messages" | ||
| Component Block - <YieldData> | N | Insert here the set of "YieldData" (yield-related) fields defined in "Common Components of Application Messages" | ||
| 15 | Currency | N | ||
| 376 | ComplianceID | N | ||
| 23 | IOIID | N | Required for Previously Indicated Orders (OrdType=E) | |
| 117 | QuoteID | N | Required for Previously Quoted Orders (OrdType=D) | |
| 59 | TimeInForce | N | Absence of this field indicates Day order | |
| 168 | EffectiveTime | N | Can specify the time at which the order should be considered valid | |
| 432 | ExpireDate | N | Conditionally required if TimeInForce = GTD and ExpireTime is not specified. | |
| 126 | ExpireTime | N | Conditionally required if TimeInForce = GTD and ExpireDate is not specified. | |
| 427 | GTBookingInst | N | States whether executions are booked out or accumulated on a partially filled GT order | |
| 1629 | ExposureDuration | N |
Conditionally required when TimeInForce <59>=10 (Good for Time) |
|
| 1916 | ExposureDurationUnit | N | ||
| 1815 | TradingCapacity | N | ||
| 210 | MaxShow | N | ||
| Component Block - <PegInstructions> | N | Insert here the set of "PegInstruction" fields defined in "Common Components of Application Messages" | ||
| Component Block - <DiscretionInstructions> | N | Insert here the set of "DiscretionInstruction" fields defined in "Common Components of Application Messages" | ||
| 847 | TargetStrategy | N | The target strategy of the order | |
| Component Block - <StrategyParametersGrp> | N | Strategy parameter block | ||
| 848 | TargetStrategyParameters | N | For further specification of the TargetStrategy | |
| 849 | ParticipationRate | N |
Mandatory for a TargetStrategy=Participate order and specifies the target particpation rate. For other order types optionally specifies a volume limit (i.e. do not be more than this percent of the market volume) |
|
| 480 | CancellationRights | N | For CIV - Optional | |
| 481 | MoneyLaunderingStatus | N | ||
| 513 | RegistID | N | Reference to Registration Instructions message for this Order. | |
| 494 | Designation | N | Supplementary registration information for this Order | |
| 1685 | ThrottleInst | N | ||
| Component Block - <StandardTrailer> | Y | |||