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FIXtags

FIX TAG 40

OrdType

charAdded FIX.2.7

Definition

Order type.

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Differences between the selected source snapshots, including wording and errata; not a migration guide.

FIX 4.4 FIX 4.2

Definition text changed

FIX 4.4

Order type *** SOME VALUES ARE NO LONGER USED - See "Deprecated (Phased-out) Features and Supported Approach" *** (see Volume : "Glossary" for value definitions)

FIX 4.2

Order type.

Values only in FIX 4.2 6

  • 5Market on close
  • AOn close
  • BLimit on close
  • CForex - Market
  • FForex - Limit
  • HForex - Previously Quoted

Values only in FIX 4.4 4

  • JMarket If Touched (MIT)
  • KMarket with Leftover as Limit (market order then unexecuted quantity becomes limit order at last price)
  • LPrevious Fund Valuation Point (Historic pricing) (for CIV)
  • MNext Fund Valuation Point –(Forward pricing) (for CIV)

Value text or deprecation changed 2

ValueFIX 4.4FIX 4.2
7Limit or better (Deprecated)Limit or better
IFunari (Limit Day Order with unexecuted portion handled as Market On Close. E.g. Japan)Funari (Limit Day Order with unexecuted portion handled as Market On Close. e.g. Japan)

Values 19

ValueMeaning
1

Market

2

Limit

3

Stop

4

Stop limit

5

Market on close

6

With or without

7

Limit or better

8

Limit with or without

9

On basis

A

On close

B

Limit on close

C

Forex - Market

D

Previously quoted

E

Previously indicated

F

Forex - Limit

G

Forex - Swap

H

Forex - Previously Quoted

I

Funari (Limit Day Order with unexecuted portion handled as Market On Close. e.g. Japan)

P

Pegged

About the char data type

Single character value, can include any alphanumeric character or punctuation except the delimiter. All char fields are case sensitive

Used in messages 7

Includes nested components and repeating groups. Open a location to see its surrounding requirements.