Component DisplayInstruction Scenario base

SYNOPSIS: The DisplayInstruction component block is used to convey instructions on how a reserved order is to be handled in terms of when and how much of the order quantity is to be displayed to the market.
ELABORATION:

ID Abbr
1029DsplyInstr

Pedigree

Added EP Updated EP Deprecated EP
FIX.4.4

Members

ID Name Abbr Presence Description
1138DisplayQtyDisplayQty optional SYNOPSIS: The quantity to be displayed . Required for reserve orders. On orders specifies the qty to be displayed, on execution reports the currently displayed quantity.
1082SecondaryDisplayQtySecDspQty optional SYNOPSIS: Used for reserve orders when DisplayQty applies to the primary execution market (e.g.an ECN) and another quantity is to be shown at other markets (e.g. the exchange). On orders specifies the qty to be displayed, on execution reports the currently displayed quantity.
1608InitialDisplayQtyInitDsplyQty optional SYNOPSIS: Used to convey the initially requested display quantity specified in DisplayQty(1138) on order entry and modification messages in ExecutionReport message. Applicable only in ExecutionReport message where DisplayQty(1138) is the currently displayed quantity and the requested display quantity of the order also needs to be conveyed. The values of the two fields are different as soon as the order is partially filled and also after a refresh of the order whenever DisplayMethod(1084) is not 1=Initial.
2828CurrentDisplayPriceCurDspPx optional SYNOPSIS: Price at which the order is currently displayed to the market. Can be used on order messages, e.g. NewOrderSingle(35=D), to provide the current displayed price of a parent order when splitting it into smaller child orders.
ELABORATION: In the context of US CAT this is used when reporting new child orders.
1083DisplayWhenDspWhn optional SYNOPSIS: Instructs when to refresh DisplayQty (1138).
1084DisplayMethodDspMthd optional SYNOPSIS: Defines what value to use in DisplayQty (1138). If not specified the default DisplayMethod is "1"
1085DisplayLowQtyDsplLwQty optional SYNOPSIS: Defines the lower quantity limit to a randomized refresh of DisplayQty.
1086DisplayHighQtyDisplayHighQty optional SYNOPSIS: Defines the upper quantity limit to a randomized refresh of DisplayQty.
1087DisplayMinIncrDspMinIncr optional SYNOPSIS: Defines the minimum increment to be used when calculating a random refresh of DisplayQty. A user specifies this when he wants a larger increment than the standard provided by the market (e.g. the round lot size).
1088RefreshQtyRfrshQty optional SYNOPSIS: Defines the quantity used to refresh DisplayQty.