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FIX TAG 40

OrdType

charAdded FIX.2.7

Definition

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

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

FIX 4.2 FIX 4.4

Definition text changed

FIX 4.2

Order type.

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)

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)

Values only in FIX 4.2 6

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

Value text or deprecation changed 2

ValueFIX 4.2FIX 4.4
7Limit or betterLimit or better (Deprecated)
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 17

ValueMeaning
1

Market

2

Limit

3

Stop

4

Stop limit

6

With or without

7

Limit or better (Deprecated)

8

Limit with or without

9

On basis

D

Previously quoted

E

Previously indicated

G

Forex - Swap

I

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

J

Market If Touched (MIT)

K

Market with Leftover as Limit (market order then unexecuted quantity becomes limit order at last price)

L

Previous Fund Valuation Point (Historic pricing) (for CIV)

M

Next Fund Valuation Point –(Forward pricing) (for CIV)

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 (i.e. m != M).

Used in messages 16

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