Message BidRequest Scenario base

SYNOPSIS: The BidRequest Message can be used in one of two ways depending on which market conventions are being followed. In the "Non disclosed" convention (e.g. US/European model) the BidRequest message can be used to request a bid based on the sector, country, index and liquidity information contained within the message itself. In the "Non disclosed" convention the entry repeating group is used to define liquidity of the program. See " Program/Basket/List Trading" for an example. In the "Disclosed" convention (e.g. Japanese model) the BidRequest message can be used to request bids based on the ListOrderDetail messages sent in advance of BidRequest message. In the "Disclosed" convention the list repeating group is used to define which ListOrderDetail messages a bid is being sort for and the directions of the required bids.

ID	MsgType	Abbr	Flow
44	k	BidReq

Pedigree

Added	EP	Updated	EP	Deprecated	EP
FIX.4.2

Responses

None

Members

BidRequest base members

ID	Name	Abbr	Presence	Description
1024	StandardHeader	BaseHeader	required	SYNOPSIS: The standard FIX message header ELABORATION:
390	BidID	BidID	optional	SYNOPSIS: For bid lists, unique identifier for BidResponse(35=I) as assigned by sell-side (broker, exchange, ECN). Uniqueness must be guaranteed within a single trading day. For quotes, unique identifier for the bid side of the quote assigned by the quote issuer.
391	ClientBidID	ClBidID	required	SYNOPSIS: Unique identifier for a Bid Request as assigned by institution. Uniqueness must be guaranteed within a single trading day.
374	BidRequestTransType	BidReqTransTyp	required	SYNOPSIS: Identifies the Bid Request message type.
392	ListName	ListName	optional	SYNOPSIS: Descriptive name for list order.
393	TotNoRelatedSym	TotNoReltdSym	required	SYNOPSIS: Total number of securities. (Prior to FIX 4.4 this field was named TotalNumSecurities)
394	BidType	BidTyp	required	SYNOPSIS: Code to identify the type of Bid Request.
395	NumTickets	NumTkts	optional	SYNOPSIS: Total number of tickets.
15	Currency	Ccy	optional	SYNOPSIS: Identifies currency used for price. Absence of this field is interpreted as the default for the security. It is recommended that systems provide the currency value whenever possible. See "Appendix 6-A: Valid Currency Codes" for information on obtaining valid values.
396	SideValue1	SideValu1	optional	SYNOPSIS: Amounts in currency
397	SideValue2	SideValu2	optional	SYNOPSIS: Amounts in currency
2006	BidDescReqGrp	DescReq	optional	SYNOPSIS: ELABORATION:
2004	BidCompReqGrp	CompReq	optional	SYNOPSIS: ELABORATION:
409	LiquidityIndType	LqdtyIndTyp	optional	SYNOPSIS: Code to identify the type of liquidity indicator.
410	WtAverageLiquidity	WtAvgLqdty	optional	SYNOPSIS: Overall weighted average liquidity expressed as a % of average daily volume. Represented as a percentage.
411	ExchangeForPhysical	EFP	optional	SYNOPSIS: Indicates whether or not to exchange for phsyical.
412	OutMainCntryUIndex	OutMainCntryUNdx	optional	SYNOPSIS: Value of stocks in Currency
413	CrossPercent	CrssPct	optional	SYNOPSIS: Percentage of program that crosses in Currency. Represented as a percentage.
414	ProgRptReqs	ProgRptReqs	optional	SYNOPSIS: Code to identify the desired frequency of progress reports.
415	ProgPeriodInterval	ProgPeriodIntvl	optional	SYNOPSIS: Time in minutes between each ListStatus report sent by SellSide. Zero means don't send status.
416	IncTaxInd	IncTaxInd	optional	SYNOPSIS: Code to represent whether value is net (inclusive of tax) or gross.
121	ForexReq	ForexReq	optional	SYNOPSIS: Indicates request for forex accommodation trade to be executed along with security transaction.
417	NumBidders	NumBidders	optional	SYNOPSIS: Indicates the total number of bidders on the list
75	TradeDate	TrdDt	optional	SYNOPSIS: Indicates date of trading day. Absence of this field indicates current day (expressed in local time at place of trade).
418	BidTradeType	BidTrdTyp	required	SYNOPSIS: Code to represent the type of trade. (Prior to FIX 4.4 this field was named "TradeType")
419	BasisPxType	BasisPxTyp	required	SYNOPSIS: Code to represent the basis price type.
443	StrikeTime	StrkTm	optional	SYNOPSIS: The time at which current market prices are used to determine the value of a basket. In negotiation workflows where a spread-to-benchmark price is negotiated, this is the pre-determined time at which the benchmark is to be spotted.
58	Text	Txt	optional	SYNOPSIS: Free format text string (Note: this field does not have a specified maximum length)
354	EncodedTextLen	EncTxtLen	optional	SYNOPSIS: Byte length of encoded (non-ASCII characters) EncodedText (355) field.
355	EncodedText	EncTxt	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(58) field.
1025	StandardTrailer	Trlr	required	SYNOPSIS: The standard FIX message trailer ELABORATION: