Skip to content

FIX MESSAGE 35=E

NewOrderList

MsgType (35) = EProgramTradingAdded FIX.2.7

Definition

The NewOrderList Message can be used in one of two ways depending on which market conventions are being followed.

Message structure 278 distinct fields

Source order, including nested components and groups. Group counts precede the repeated entries. “Required here” is relative to the enclosing component or group, not unconditional in the message. A dash means not marked required; conditional requirements remain in the source notes. This is a reference, not a counterparty-specific validator.

  1. StandardHeaderComponentRequired

    MsgType = E

    1. 8 BeginStringStringRequired here

      FIX.4.4 (Always unencrypted, must be first field in message)

    2. 9 BodyLengthLengthRequired here

      (Always unencrypted, must be second field in message)

    3. 35 MsgTypeStringRequired here

      (Always unencrypted, must be third field in message)

    4. 49 SenderCompIDStringRequired here

      (Always unencrypted)

    5. 56 TargetCompIDStringRequired here

      (Always unencrypted)

    6. Trading partner company ID used when sending messages via a third party (Can be embedded within encrypted data section.)

    7. Trading partner company ID used when sending messages via a third party (Can be embedded within encrypted data section.)

    8. Required to identify length of encrypted section of message. (Always unencrypted)

    9. Required when message body is encrypted. Always immediately follows SecureDataLen field.

    10. 34 MsgSeqNumSeqNumRequired here

      (Can be embedded within encrypted data section.)

    11. (Can be embedded within encrypted data section.)

    12. Sender's LocationID (i.e. geographic location and/or desk) (Can be embedded within encrypted data section.)

    13. "ADMIN" reserved for administrative messages not intended for a specific user. (Can be embedded within encrypted data section.)

    14. Trading partner LocationID (i.e. geographic location and/or desk) (Can be embedded within encrypted data section.)

    15. Trading partner SubID used when delivering messages via a third party. (Can be embedded within encrypted data section.)

    16. Trading partner LocationID (i.e. geographic location and/or desk) used when delivering messages via a third party. (Can be embedded within encrypted data section.)

    17. Trading partner SubID used when delivering messages via a third party. (Can be embedded within encrypted data section.)

    18. Trading partner LocationID (i.e. geographic location and/or desk) used when delivering messages via a third party. (Can be embedded within encrypted data section.)

    19. 43 PossDupFlagBoolean

      Always required for retransmitted messages, whether prompted by the sending system or as the result of a resend request. (Can be embedded within encrypted data section.)

    20. 97 PossResendBoolean

      Required when message may be duplicate of another message sent under a different sequence number. (Can be embedded within encrypted data section.)

    21. 52 SendingTimeUTCTimestampRequired here

      (Can be embedded within encrypted data section.)

    22. 122 OrigSendingTimeUTCTimestamp

      Required for message resent as a result of a ResendRequest. If data is not available set to same value as SendingTime (Can be embedded within encrypted data section.)

    23. Required when specifying XmlData to identify the length of a XmlData message block. (Can be embedded within encrypted data section.)

    24. Can contain an XML formatted message block (e.g. FIXML). Always immediately follows XmlDataLen field. (Can be embedded within encrypted data section.) See Volume 1: FIXML Support

    25. Type of message encoding (non-ASCII characters) used in a message’s "Encoded" fields. Required if any "Encoding" fields are used.

    26. The last MsgSeqNum value received by the FIX engine and processed by downstream application, such as trading system or order routing system. Can be specified on every message sent. Useful for detecting a backlog with a counterparty.

    27. HopRepeating groupCount tag 627

      Number of repeating groups of historical "hop" information. Only applicable if OnBehalfOfCompID is used, however, its use is optional. Note that some market regulations or counterparties may require tracking of message hops.

      1. 627 NoHopsGroup count
      2. 628 HopCompIDString
      3. 629 HopSendingTimeUTCTimestamp
      4. 630 HopRefIDSeqNum
  2. 66 ListIDStringRequired

    Must be unique, by customer, for the day

  3. 390 BidIDString

    Should refer to an earlier program if bidding took place.

  4. 394 BidTypeintRequired

    e.g. Non Disclosed Model, Disclosed Model, No Bidding Process

  5. For CIV - Optional

  6. 513 RegistIDString

    Reference to Registration Instructions message applicable to all Orders in this List.

  7. Controls when execution should begin For CIV Orders indicates order of execution..

  8. Free-form text.

  9. Must be set if EncodedListExecInst field is specified and must immediately precede it.

  10. Encoded (non-ASCII characters) representation of the ListExecInst field in the encoded format specified via the MessageEncoding field.

  11. The maximum percentage that execution of one side of a program trade can exceed execution of the other.

  12. The maximum amount that execution of one side of a program trade can exceed execution of the other.

  13. The currency that AllowableOneSidedness is expressed in if AllowableOneSidednessValue is used.

  14. 68 TotNoOrdersintRequired

    Used to support fragmentation. Sum of NoOrders across all messages with the same ListID.

  15. Indicates whether this is the last fragment in a sequence of message fragments. Only required where message has been fragmented.

  16. ListOrdGrpRepeating groupCount tag 73Required

    Number of orders in this message (number of repeating groups to follow)

    1. 73 NoOrdersGroup countRequired here
    2. 11 ClOrdIDStringRequired here
    3. 67 ListSeqNointRequired here
    4. PartiesRepeating groupCount tag 453
      1. 453 NoPartyIDsGroup count

        Repeating group below should contain unique combinations of PartyID, PartyIDSource, and PartyRole

      2. 448 PartyIDString

        Used to identify source of PartyID. Required if PartyIDSource is specified. Required if NoPartyIDs > 0.

      3. Used to identify class source of PartyID value (e.g. BIC). Required if PartyID is specified. Required if NoPartyIDs > 0.

      4. Identifies the type of PartyID (e.g. Executing Broker). Required if NoPartyIDs > 0.

      5. PtysSubGrpRepeating groupCount tag 802

        Repeating group of Party sub-identifiers.

        1. 802 NoPartySubIDsGroup count
    5. 75 TradeDateLocalMktDate
    6. 1 AccountString
    7. 70 AllocIDString
    8. PreAllocGrpRepeating groupCount tag 78
      1. 78 NoAllocsGroup count
      2. NestedPartiesRepeating groupCount tag 539
        1. 539 NoNestedPartyIDsGroup count

          Repeating group below should contain unique combinations of NestedPartyID, NestedPartyIDSource, and NestedPartyRole

        2. Used to identify source of NestedPartyID. Required if NestedPartyIDSource is specified. Required if NoNestedPartyIDs > 0.

        3. Used to identify class source of NestedPartyID value (e.g. BIC). Required if NestedPartyID is specified. Required if NoNestedPartyIDs > 0.

        4. Identifies the type of NestedPartyID (e.g. Executing Broker). Required if NoNestedPartyIDs > 0.

        5. NstdPtysSubGrpRepeating groupCount tag 804

          Repeating group of NestedParty sub-identifiers.

    9. 64 SettlDateLocalMktDate
    10. 18 ExecInstMultipleValueString
    11. TrdgSesGrpRepeating groupCount tag 386
      1. 386 NoTradingSessionsGroup count
    12. InstrumentComponentRequired here
      1. 55 SymbolString

        Common, "human understood" representation of the security. SecurityID value can be specified if no symbol exists (e.g. non-exchange traded Collective Investment Vehicles) Use "[N/A]" for products which do not have a symbol.

      2. 65 SymbolSfxString

        Used in Fixed Income with a value of "WI" to indicate "When Issued" for a security to be reissued under an old CUSIP or ISIN or with a value of "CD" to indicate a EUCP with lump-sum interest rather than discount price.

      3. 48 SecurityIDString

        Takes precedence in identifying security to counterparty over SecurityAltID block. Requires SecurityIDSource if specified.

      4. Required if SecurityID is specified.

      5. SecAltIDGrpRepeating groupCount tag 454

        Number of alternate Security Identifiers

        1. 454 NoSecurityAltIDGroup count
      6. Indicates the type of product the security is associated with (high-level category)

      7. 461 CFICodeString

        Indicates the type of security using ISO 10962 standard, Classification of Financial Instruments (CFI code) values. It is recommended that CFICode be used instead of SecurityType for non-Fixed Income instruments.

      8. It is recommended that CFICode be used instead of SecurityType for non-Fixed Income instruments. Required for Fixed Income. Refer to Volume 7 - Fixed Income Futures and Options should be specified using the CFICode[461] field instead of SecurityType[167] (Refer to Volume 7 - Recommendations and Guidelines for Futures and Options Markets.)

      9. Sub-type qualification/identification of the SecurityType (e.g. for SecurityType="MLEG"). If specified, SecurityType is required.

      10. Specifies the month and year of maturity. Applicable for standardized derivatives which are typically only referenced by month and year (e.g. S&P futures). Note MaturityDate (a full date) can also be specified.

      11. 541 MaturityDateLocalMktDate

        Specifies date of maturity (a full date). Note that standardized derivatives which are typically only referenced by month and year (e.g. S&P futures).may use MaturityMonthYear and/or this field. When using MaturityMonthYear, it is recommended that markets and sell sides report the MaturityDate on all outbound messages as a means of data enrichment.

      12. For Options.

      13. 224 CouponPaymentDateLocalMktDate

        Date interest is to be paid. Used in identifying Corporate Bond issues.

      14. 225 IssueDateLocalMktDate

        Date instrument was issued. For Fixed Income IOIs for new issues, specifies the issue date.

      15. 239 RepoCollateralSecurityTypeDeprecated FIX.4.4String

        (Deprecated, use UnderlyingSecurityType (310) )

      16. (Deprecated, use TerminationType (788) )

      17. 227 RepurchaseRatePercentage

        (Deprecated, use Price (44) )

      18. 228 Factorfloat

        For Fixed Income: Amortization Factor for deriving Current face from Original face for ABS or MBS securities, note the fraction may be greater than, equal to or less than 1. In TIPS securities this is the Inflation index. Qty * Factor * Price = Gross Trade Amount For Derivatives: Contract Value Factor by which price must be adjusted to determine the true nominal value of one futures/options contract. (Qty * Price) * Factor = Nominal Value

      19. The location at which records of ownership are maintained for this instrument, and at which ownership changes must be recorded. Can be used in conjunction with ISIN to address ISIN uniqueness issues.

      20. ISO Country code of instrument issue (e.g. the country portion typically used in ISIN). Can be used in conjunction with non-ISIN SecurityID (e.g. CUSIP for Municipal Bonds without ISIN) to provide uniqueness.

      21. A two-character state or province abbreviation.

      22. The three-character IATA code for a locale (e.g. airport code for Municipal Bonds).

      23. 240 RedemptionDateLocalMktDate

        (Deprecated, use YieldRedemptionDate (696) in <YieldData> component block)

      24. Used for derivatives, such as options and covered warrants

      25. Used for derivatives

      26. Used for derivatives, such as options and covered warrants to indicate a versioning of the contract when required due to corporate actions to the underlying. Should not be used to indicate type of option - use the CFICode[461] for this purpose.

      27. For Fixed Income, Convertible Bonds, Derivatives, etc. Note: If used, quantities should be expressed in the "nominal" (e.g. contracts vs. shares) amount.

      28. 223 CouponRatePercentage

        For Fixed Income.

      29. Can be used to identify the security.

      30. 106 IssuerString
      31. Must be set if EncodedIssuer field is specified and must immediately precede it.

      32. Encoded (non-ASCII characters) representation of the Issuer field in the encoded format specified via the MessageEncoding field.

      33. Must be set if EncodedSecurityDesc field is specified and must immediately precede it.

      34. Encoded (non-ASCII characters) representation of the SecurityDesc field in the encoded format specified via the MessageEncoding field.

      35. 691 PoolString

        Identifies MBS / ABS pool

      36. Must be present for MBS/TBA

      37. The program under which a commercial paper is issued

      38. 876 CPRegTypeString

        The registration type of a commercial paper issuance

      39. EvntGrpRepeating groupCount tag 864

        Number of repeating EventType group entries.

        1. 864 NoEventsGroup count
        2. 866 EventDateLocalMktDate
        3. 867 EventPxPrice
        4. 868 EventTextString
      40. 873 DatedDateLocalMktDate

        If different from IssueDate

      41. If different from IssueDate and DatedDate

    13. UndInstrmtGrpRepeating groupCount tag 711
      1. 711 NoUnderlyingsGroup count
      2. UnderlyingInstrumentComponent
        1. UndSecAltIDGrpRepeating groupCount tag 457
        2. 243 UnderlyingRepoCollateralSecurityTypeDeprecated FIX.4.4String

          (Deprecated, not applicable/used for Repos)

        3. (Deprecated, not applicable/used for Repos)

        4. (Deprecated, not applicable/used for Repos)

        5. (Deprecated, use YieldRedemptionDate (696) in <YieldData> component block)

        6. Specific to the <UnderlyingInstrument> (not in <Instrument>)

        7. Specific to the <UnderlyingInstrument> (not in <Instrument>) Unit amount of the underlying security (par, shares, currency, etc.)

        8. Specific to the <UnderlyingInstrument> (not in <Instrument>) In a financing deal clean price (percent-of-par or per unit) of the underlying security or basket.

        9. Specific to the <UnderlyingInstrument> (not in <Instrument>) In a financing deal price (percent-of-par or per unit) of the underlying security or basket. "Dirty" means it includes accrued interest

        10. Specific to the <UnderlyingInstrument> (not in <Instrument>) In a financing deal price (percent-of-par or per unit) of the underlying security or basket at the end of the agreement.

        11. Specific to the <UnderlyingInstrument> (not in <Instrument>) Currency value attributed to this collateral at the start of the agreement

        12. Specific to the <UnderlyingInstrument> (not in <Instrument>) Currency value currently attributed to this collateral

        13. Specific to the <UnderlyingInstrument> (not in <Instrument>) Currency value attributed to this collateral at the end of the agreement

        14. UnderlyingStipulationsRepeating groupCount tag 887

          Specific to the <UnderlyingInstrument> (not in <Instrument>)

          1. 887 NoUnderlyingStipsGroup count
          2. Required if NoUnderlyingStips >0

    14. 54 SidecharRequired here
    15. 114 LocateReqdBoolean
    16. 60 TransactTimeUTCTimestamp
    17. StipulationsRepeating groupCount tag 232
      1. 232 NoStipulationsGroup count
      2. Required if NoStipulations >0

    18. OrderQtyDataComponentRequired here
      1. One of CashOrderQty, OrderQty, or (for CIV only) OrderPercent is required. Note that unless otherwise specified, only one of CashOrderQty, OrderQty, or OrderPercent should be specified.

      2. One of CashOrderQty, OrderQty, or (for CIV only) OrderPercent is required. Note that unless otherwise specified, only one of CashOrderQty, OrderQty, or OrderPercent should be specified. Specifies the approximate "monetary quantity" for the order. Broker is responsible for converting and calculating OrderQty in tradeable units (e.g. shares) for subsequent messages.

      3. 516 OrderPercentPercentage

        For CIV - Optional. One of CashOrderQty, OrderQty or (for CIV only) OrderPercent is required. Note that unless otherwise specified, only one of CashOrderQty, OrderQty, or OrderPercent should be specified.

      4. For CIV - Optional

      5. For CIV - Optional

    19. 40 OrdTypechar
    20. 44 PricePrice
    21. 99 StopPxPrice
    22. SpreadOrBenchmarkCurveDataComponent
      1. 218 SpreadPriceOffset

        For Fixed Income

      2. Must be present if BenchmarkPrice is used.

      3. The identifier of the benchmark security, e.g. Treasury against Corporate bond.

      4. Source of BenchmarkSecurityID. If not specified, then ID Source is understood to be the same as that in the Instrument block.

    23. YieldDataComponent
      1. 235 YieldTypeString
      2. 236 YieldPercentage
      3. 701 YieldCalcDateLocalMktDate
    24. 15 CurrencyCurrency
    25. 23 IOIIDString
    26. 117 QuoteIDString
    27. 168 EffectiveTimeUTCTimestamp
    28. 432 ExpireDateLocalMktDate
    29. 126 ExpireTimeUTCTimestamp
    30. CommissionDataComponent
      1. 479 CommCurrencyCurrency

        For CIV - Optional

      2. For CIV - Optional

    31. 529 OrderRestrictionsMultipleValueString
    32. 121 ForexReqBoolean
    33. 58 TextString
    34. 193 SettlDate2LocalMktDate
    35. 640 Price2Price
    36. PegInstructionsComponent
      1. Amount (signed) added to the peg for a pegged order in the context of the PegOffsetType

      2. Describes whether peg is static/fixed or floats

      3. Type of Peg Offset (e.g. price offset, tick offset etc)

      4. Specifies nature of resulting pegged price (e.g. or better limit, strict limit etc)

      5. If the calculated peg price is not a valid tick price, specifies how to round the price (e.g. be more or less aggressive)

      6. The scope of the "related to" price of the peg (e.g. local, global etc)

    37. DiscretionInstructionsComponent
      1. What the discretionary price is related to (e.g. primary price, display price etc)

      2. Amount (signed) added to the "related to" price specified via DiscretionInst, in the context of DiscretionOffsetType

      3. Describes whether discretion price is static/fixed or floats

      4. Type of Discretion Offset (e.g. price offset, tick offset etc)

      5. Specifies the nature of the resulting discretion price (e.g. or better limit, strict limit etc)

      6. If the calculated discretion price is not a valid tick price, specifies how to round the price (e.g. to be more or less aggressive)

      7. The scope of "related to" price of the discretion (e.g. local, global etc)

  17. StandardTrailerComponentRequired
    1. Required when trailer contains signature. Note: Not to be included within SecureData field

    2. Note: Not to be included within SecureData field

    3. 10 CheckSumStringRequired here

      (Always unencrypted, always last field in message)