Code Set AlgorithmicTradeIndicatorCodeSet Scenario base

SYNOPSIS: Indicates that the order or trade originates from a computer program or algorithm requiring little-to-no human intervention.

ID Datatype
2667int

Codes

ID Name Value Description Supported Added EP Updated EP Deprecated EP
2667001NonAlgorithmicTrade0SYNOPSIS: Non-algorithmic trade
✓FIX.5.0SP2216
2667002AlgorithmicTrade1SYNOPSIS: Algorithmic trade
ELABORATION: In the context of ESMA MiFID II, a trade has to be flagged as "algorithmic" if at least one of the matched orders was submitted by a trading algorithm. See Directive 2014/65/EU Article 4(1)(39).
✓FIX.5.0SP2216