Message QuoteRequest Scenario base

SYNOPSIS: In some markets it is the practice to request quotes from brokers prior to placement of an order. The quote request message is used for this purpose. This message is commonly referred to as an Request For Quote (RFQ)

ID MsgType Abbr Flow
26RQuotReq

Pedigree

Added EP Updated EP Deprecated EP
FIX.4.0

Responses

None

Members

QuoteRequest base members
ID Name Abbr Presence Description
1024StandardHeaderHdrrequiredSYNOPSIS: The standard FIX message header
ELABORATION:
131QuoteReqIDReqID required SYNOPSIS: Unique identifier for quote request
644RFQReqIDRFQReqID optional SYNOPSIS: RFQ Request ID – used to identify an RFQ Request.
11ClOrdIDClOrdID optional SYNOPSIS: Unique identifier for Order as assigned by the buy-side (institution, broker, intermediary etc.) (identified by SenderCompID (49) or OnBehalfOfCompID (5) as appropriate). Uniqueness must be guaranteed within a single trading day. Firms, particularly those which electronically submit multi-day orders, trade globally or throughout market close periods, should ensure uniqueness across days, for example by embedding a date within the ClOrdID field.
528OrderCapacityCpcty optional SYNOPSIS: Designates the capacity of the firm placing the order (as of FIX 4.3, this field replaced Rule80A (tag 47) --used in conjunction with OrderRestrictions (529) field) (see Volume : "Glossary" for value definitions)
2045QuotReqGrpQuotReqrequiredSYNOPSIS:
ELABORATION:
58TextTxt optional SYNOPSIS: Free format text string (Note: this field does not have a specified maximum length)
354EncodedTextLenEncTxtLen optional SYNOPSIS: Byte length of encoded (non-ASCII characters) EncodedText (355) field.
355EncodedTextEncTxt optional SYNOPSIS: Encoded (non-ASCII characters) representation of the Text (58) field in the encoded format specified via the MessageEncoding (347) field. If used, the ASCII (English) representation should also be specified in the Text field.
1025StandardTrailerTrlrrequiredSYNOPSIS: The standard FIX message trailer
ELABORATION: