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
1024StandardHeaderBaseHeaderrequiredSYNOPSIS: The standard FIX message header
ELABORATION:
131QuoteReqIDReqID required SYNOPSIS: Unique identifier for a QuoteRequest(35=R).
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.
775BookingTypeBkngTyp optional SYNOPSIS: Method for booking out this order. Used when notifying a broker that an order to be settled by that broker is to be booked out as an OTC derivative (e.g. CFD or similar).
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)
529OrderRestrictionsRstctions optional SYNOPSIS: Restrictions associated with an order. If more than one restriction is applicable to an order, this field can contain multiple instructions separated by space.
1171PrivateQuotePrvtQt optional SYNOPSIS: Specifies whether a quote is public, i.e. available to the market, or private, i.e. available to a specified counterparty only.
1172RespondentTypeRspdntTyp optional SYNOPSIS: Specifies the type of respondents requested.
1091PreTradeAnonymityPrTrdAnon optional SYNOPSIS: Allows trader to explicitly request anonymity or disclosure in pre-trade market data feeds. Anonymity is relevant in markets where counterparties are regularly disclosed in order depth feeds. Disclosure is relevant when counterparties are not normally visible.
1031RootPartiesPtyoptionalSYNOPSIS: The RootParties component block is a version of the Parties component block used to provide root information regarding the owning and entering parties of a transaction.
ELABORATION:
2045QuotReqGrpQuotReqrequiredSYNOPSIS:
ELABORATION:
376ComplianceIDComplianceID optional SYNOPSIS: ID used to represent this transaction for compliance purposes (e.g. OATS reporting).
2404ComplianceTextComplianceTxt optional SYNOPSIS: Free text for compliance information required for regulatory reporting.
2351EncodedComplianceTextLenEncComplianceTxtLen optional SYNOPSIS: Byte length of encoded (non-ASCII characters) EncodedComplianceText(2352) field.
2352EncodedComplianceTextEncComplianceTxt optional SYNOPSIS: Encoded (non-ASCII characters) representation of the ComplianceText(2404) field in the encoded format specified via the MessageEncoding (347) field. If used, the ASCII (English) representation should also be specified in the ComplianceText(2404) field.
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(58) field.
1025StandardTrailerTrlrrequiredSYNOPSIS: The standard FIX message trailer
ELABORATION: