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FIXtags

FIX MESSAGE 35=E

NewOrderList

MsgType (35) = EProgramTradingAdded FIX.2.7

Definition

The NewOrderList(35=E) message may be used in one of two ways depending on which market conventions are being followed.

In the "Non disclosed" convention the NewOrderList(35=E) message is sent after the bidding process has been completed, by telephone or electronically. The NewOrderList(35=E) message enumerates the stocks, quantities, direction for the trade and may contain pre-allocation information.

In the "Disclosed" convention the NewOrderList(35=E) message is sent before the bidding process is started, by telephone or electronically. The NewOrderList(35=E) message enumerates the stocks and quantities from the bidding process, and may contain pre-allocation information. The direction of the trade is disclosed after the bidding process is completed.

Additional detail from the official source

This message may also be used as the first message in the transmission of a program trade where the bidding process has been done by means other than FIX. In this scenario the messages may either be used as a staging process, in which case the recipient (e.g. broker) will start execution once either a ListExecute(35=L) message is received or for immediate execution, in which case the orders will be executed on receipt.

Where multiple waves of a program trade are submitted as a series of separate lists to the receiving party, ClOrdLinkID(583) may be used to link the orders together.

Message structure 2824 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.

Nested fields load when needed. Open the full static layout (also works without JavaScript).

  1. StandardHeaderComponentRequired

    MsgType = E

    StandardHeader definition & usage →

    Open this block to load its fields in message context, or follow the definition link.

  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. 391 ClientBidIDString—
  5. 414 ProgRptReqsint—
  6. 394 BidTypeintRequired

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

  7. 415 ProgPeriodIntervalint—
  8. 480 CancellationRightschar—

    For CIV - Optional

  9. 481 MoneyLaunderingStatuschar—
  10. 513 RegistIDString—

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

  11. 433 ListExecInstTypechar—

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

  12. 69 ListExecInstString—

    Free-form text.

  13. 1385 ContingencyTypeint—

    Used for contingency orders.

  14. 352 EncodedListExecInstLenLength—

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

  15. 353 EncodedListExecInstdata—

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

  16. 765 AllowableOneSidednessPctPercentage—

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

  17. 766 AllowableOneSidednessValueAmt—

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

  18. 767 AllowableOneSidednessCurrCurrency—

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

  19. 2401 ListManualOrderIndicatorBoolean—
  20. 68 TotNoOrdersintRequired

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

  21. 893 LastFragmentBoolean—

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

  22. RootPartiesRepeating groupCount tag 1116—

    Used for acting parties that applies to the whole message, not individual orders.

    RootParties definition & usage →

    Open this block to load its fields in message context, or follow the definition link.

  23. ListOrdGrpRepeating groupCount tag 73Required

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

    ListOrdGrp definition & usage →

    Open this block to load its fields in message context, or follow the definition link.

  24. 1685 ThrottleInstint—
  25. StandardTrailerComponentRequired

    StandardTrailer definition & usage →

    Open this block to load its fields in message context, or follow the definition link.