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FIXtags

FIX TAG 59

TimeInForce

charAdded FIX.2.7

Definition

Specifies how long the order remains in effect. Absence of this field is interpreted as DAY. NOTE not applicable to CIV Orders.

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

FIX 5.0 SP2 FIX Latest · EP309

Definition text changed

FIX 5.0 SP2

Specifies how long the order remains in effect. Absence of this field is interpreted as DAY. NOTE not applicable to CIV Orders. (see Volume : "Glossary" for value definitions)

FIX Latest · EP309

Specifies how long the order remains in effect. Absence of this field is interpreted as DAY. NOTE not applicable to CIV Orders.

Values only in FIX Latest · EP309 3

  • AGood for Time (GFT)
    Additional source detail

    An order that is valid for a pre-defined time period expressed with ExposureDuration(1629) and (optionally) ExposureDurationUnit(1916).

  • BGood for Auction (GFA)
    Additional source detail

    An order that is valid for an auction initiated by a trading firm (see AuctionType(1803) for examples.

  • CGood for this Month (GFM)
    Additional source detail

    An order that is valid until the end of the current month, i.e. from the time of order submission until the end of the last trading day of the current month.

Value text or deprecation changed 10

ValueFIX 5.0 SP2FIX Latest · EP309
0Day (or session)Day (or session)
Additional source detail

A buy or sell order that, if not executed expires at the end of the trading day on which it was entered.

1Good Till Cancel (GTC)Good Till Cancel (GTC)
Additional source detail

An order to buy or sell that remains in effect until it is either executed or canceled; sometimes called an "open order".

2At the Opening (OPG)At the Opening (OPG)
Additional source detail

A market or limit-price order to be executed at the opening of the stock or not at all; all or part of any order not executed at the opening is treated as canceled.

3Immediate Or Cancel (IOC)Immediate Or Cancel (IOC)
Additional source detail

A market or limit-price order that is to be executed in whole or in part as soon as it is available in the market; any portion not so executed is to be canceled.

4Fill Or Kill (FOK)Fill Or Kill (FOK)
Additional source detail

A market or limit-price order that is to be executed in its entirety as soon as it is available in the market; if not so executed, the order is to be canceled.

5Good Till Crossing (GTX)Good Till Crossing (GTX)
Additional source detail

An order to buy or sell that is canceled prior to the market entering into an auction or crossing phase.

6Good Till Date (GTD)Good Till Date (GTD)
Additional source detail

An order to buy or sell that remains in effect until it expires, defined by ExpireDate(432) or ExpireTime(126).

7At the CloseAt the Close
Additional source detail

Indicated price is to be around the closing price, however, not held to the closing price.

8Good Through CrossingGood Through Crossing
Additional source detail

An order that is valid up till and including a crossing phase.]

9At CrossingAt Crossing
Additional source detail

An order that is valid only during crossing (auction) phases. The order is valid during the day or up to and including a specified trading (sub) session.

Values 13

ValueMeaning
0

Day (or session)

Additional detail from the official source

A buy or sell order that, if not executed expires at the end of the trading day on which it was entered.

1

Good Till Cancel (GTC)

Additional detail from the official source

An order to buy or sell that remains in effect until it is either executed or canceled; sometimes called an "open order".

2

At the Opening (OPG)

Additional detail from the official source

A market or limit-price order to be executed at the opening of the stock or not at all; all or part of any order not executed at the opening is treated as canceled.

3

Immediate Or Cancel (IOC)

Additional detail from the official source

A market or limit-price order that is to be executed in whole or in part as soon as it is available in the market; any portion not so executed is to be canceled.

4

Fill Or Kill (FOK)

Additional detail from the official source

A market or limit-price order that is to be executed in its entirety as soon as it is available in the market; if not so executed, the order is to be canceled.

5

Good Till Crossing (GTX)

Additional detail from the official source

An order to buy or sell that is canceled prior to the market entering into an auction or crossing phase.

6

Good Till Date (GTD)

Additional detail from the official source

An order to buy or sell that remains in effect until it expires, defined by ExpireDate(432) or ExpireTime(126).

7

At the Close

Additional detail from the official source

Indicated price is to be around the closing price, however, not held to the closing price.

8

Good Through Crossing

Additional detail from the official source

An order that is valid up till and including a crossing phase.]

9

At Crossing

Additional detail from the official source

An order that is valid only during crossing (auction) phases. The order is valid during the day or up to and including a specified trading (sub) session.

A

Good for Time (GFT)

Additional detail from the official source

An order that is valid for a pre-defined time period expressed with ExposureDuration(1629) and (optionally) ExposureDurationUnit(1916).

B

Good for Auction (GFA)

Additional detail from the official source

An order that is valid for an auction initiated by a trading firm (see AuctionType(1803) for examples.

C

Good for this Month (GFM)

Additional detail from the official source

An order that is valid until the end of the current month, i.e. from the time of order submission until the end of the last trading day of the current month.

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 27

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