Message BidResponse Scenario base

SYNOPSIS: The Bid Response message can be used in one of two ways depending on which market conventions are being followed. In the "Non disclosed" convention the Bid Response message can be used to supply a bid based on the sector, country, index and liquidity information contained within the corresponding bid request message. See "Program/Basket/List Trading" for an example. In the "Disclosed" convention the Bid Response message can be used to supply bids based on the List Order Detail messages sent in advance of the corresponding Bid Request message.

ID MsgType Abbr Flow
45lBidRsp

Pedigree

Added EP Updated EP Deprecated EP
FIX.4.2

Responses

None

Members

BidResponse base members
ID Name Abbr Presence Description
1024StandardHeaderBaseHeaderrequiredSYNOPSIS: The standard FIX message header
ELABORATION:
390BidIDBidID 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.
391ClientBidIDClBidID optional SYNOPSIS: Unique identifier for a Bid Request as assigned by institution. Uniqueness must be guaranteed within a single trading day.
2005BidCompRspGrpCompRsprequiredSYNOPSIS:
ELABORATION:
1025StandardTrailerTrlrrequiredSYNOPSIS: The standard FIX message trailer
ELABORATION: