Message QuoteResponse Scenario base

SYNOPSIS: The QuoteResponse(35=AJ) message is used for the following purposes: 1. Respond to an IOI(35=6) message 2. Respond to a Quote(35=S) message 3. Counter a Quote 4. End a negotiation dialog 5. Follow-up or end a QuoteRequest(35=R) dialog that did not receive a response.
ELABORATION: For usage of this message in a negotiation or counter quote dialog for fixed income and exchanges/marketplace see Volume 7, Fixed Income and Exchanges and Markets sections respectively.

ID MsgType Abbr Flow
69AJQuotRsp

Pedigree

Added EP Updated EP Deprecated EP
FIX.4.4FIX.5.0SP2143

Responses

None

Members

QuoteResponse base members
ID Name Abbr Presence Description
1024StandardHeaderBaseHeaderrequiredSYNOPSIS: The standard FIX message header
ELABORATION:
693QuoteRespIDRspID required SYNOPSIS: Message reference for Quote Response
117QuoteIDQID optional SYNOPSIS: Unique identifier for quote
1166QuoteMsgIDQtMsgID optional SYNOPSIS: Unique identifier for a quote message.
131QuoteReqIDReqID optional SYNOPSIS: Unique identifier for a QuoteRequest(35=R).
694QuoteRespTypeRspTyp required SYNOPSIS: Identifies the type of Quote Response.
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.
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.
23IOIIDIOIID optional SYNOPSIS: Unique identifier of IOI message. (Prior to FIX 4.1 this field was of type int)
537QuoteTypeTyp optional SYNOPSIS: Identifies the type of quote. An indicative quote is used to inform a counterparty of a market. An indicative quote does not result directly in a trade. A tradeable quote is submitted to a market and will result directly in a trade against other orders and quotes in a market. A restricted tradeable quote is submitted to a market and within a certain restriction (possibly based upon price or quantity) will automatically trade against orders. Order that do not comply with restrictions are sent to the quote issuer who can choose to accept or decline the order. A counter quote is used in the negotiation model. See Volume 7 - Product: Fixed Income for example usage.
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.
2044QuotQualGrpQuotQualoptionalSYNOPSIS:
ELABORATION:
828TrdTypeTrdTyp optional SYNOPSIS: Type of trade assigned to a trade.
ELABORATION: Note: several enumerations of this field duplicate the enumerations in TradePriceConditions(1839) field. These may be deprecated from TrdType(828) in the future. TradePriceConditions(1839) is preferred in messages that support it.
2347RegulatoryTransactionTypeRegTxnTyp optional SYNOPSIS: Specifies the regulatory mandate or rule that the transaction complies with.
2115NegotiationMethodNegottnMeth optional SYNOPSIS: Specifies the negotiation method to be used.
1012PartiesPtyoptionalSYNOPSIS: The Parties component block is used to identify and convey information on the entities both central and peripheral to the financial transaction represented by the FIX message containing the Parties Block. The Parties block allows many different types of entites to be expressed through use of the PartyRole field and identifies the source of the PartyID through the the PartyIDSource.
ELABORATION:
336TradingSessionIDSesID optional SYNOPSIS: Identifier for a trading session. A trading session spans an extended period of time that can also be expressed informally in terms of the trading day. Usage is determined by market or counterparties. To specify good for session where session spans more than one calendar day, use TimeInForce = 0 (Day) in conjunction with TradingSessionID(336). Bilaterally agreed values of data type "String" that start with a character can be used for backward compatibility.
625TradingSessionSubIDSesSub optional SYNOPSIS: Optional market assigned sub identifier for a trading phase within a trading session. Usage is determined by market or counterparties. Used by US based futures markets to identify exchange specific execution time bracket codes as required by US market regulations. Bilaterally agreed values of data type "String" that start with a character can be used for backward compatibility
1003InstrumentInstrmtrequiredSYNOPSIS: The Instrument component block contains all the fields commonly used to describe a security or instrument. Typically the data elements in this component block are considered the static data of a security, data that may be commonly found in a security master database. The Instrument component block can be used to describe any asset type supported by FIX.
ELABORATION:
1002FinancingDetailsFinDetlsoptionalSYNOPSIS: Component block is optionally used for financial transaction where legal contracts, master agreements or master confirmations is to be referenced. This component identifies the legal agreement under which the deal was made and other unique characteristics of the transaction. For example, the AgreementDesc(913) field refers to base standard documents such as MRA 1996 Repurchase Agreement, GMRA 2000 Bills Transaction (U.K.), MSLA 1993 Securities Loan – Amended 1998, for example.
ELABORATION:
2066UndInstrmtGrpUndlyoptionalSYNOPSIS:
ELABORATION:
54SideSide optional SYNOPSIS: Side of order (see Volume : "Glossary" for value definitions)
1011OrderQtyDataOrdQtyoptionalSYNOPSIS: The OrderQtyData component block contains the fields commonly used for indicating the amount or quantity of an order. Note that when this component block is marked as "required" in a message either one of these three fields must be used to identify the amount: OrderQty, CashOrderQty or OrderPercent (in the case of CIV).
ELABORATION:
110MinQtyMinQty optional SYNOPSIS: Minimum quantity of an order to be executed. (Prior to FIX 4.2 this field was of type int)
63SettlTypeSettlTyp optional SYNOPSIS: Indicates order settlement period. If present, SettlDate (64) overrides this field. If both SettlType (63) and SettDate (64) are omitted, the default for SettlType (63) is 0 (Regular) Regular is defined as the default settlement period for the particular security on the exchange of execution. In Fixed Income the contents of this field may influence the instrument definition if the SecurityID (48) is ambiguous. In the US an active Treasury offering may be re-opened, and for a time one CUSIP will apply to both the current and "when-issued" securities. Supplying a value of "7" clarifies the instrument description; any other value or the absence of this field should cause the respondent to default to the active issue. Additionally the following patterns may be uses as well as enum values Dx = FX tenor expression for "days", e.g. "D5", where "x" is any integer > 0 Mx = FX tenor expression for "months", e.g. "M3", where "x" is any integer > 0 Wx = FX tenor expression for "weeks", e.g. "W13", where "x" is any integer > 0 Yx = FX tenor expression for "years", e.g. "Y1", where "x" is any integer > 0 Noted that for FX the tenors expressed using Dx, Mx, Wx, and Yx values do not denote business days, but calendar days.
64SettlDateSettlDt optional SYNOPSIS: Specific date of trade settlement (SettlementDate) in YYYYMMDD format. If present, this field overrides SettlType (63). This field is required if the value of SettlType (63) is 6 (Future) or 8 (Sellers Option). This field must be omitted if the value of SettlType (63) is 7 (When and If Issued) (expressed in local time at place of settlement)
2878TerminationDateTmntnDt optional SYNOPSIS: The date of a contract's early termination or other post-trade event when the event is prior to the contract natural end or maturity not defined as part of the security's reference data or contractual terms/agreement.
193SettlDate2SettlDt2 optional SYNOPSIS: SettDate (64) of the future part of a F/X swap order.
192OrderQty2Qty2 optional SYNOPSIS: OrderQty (38) of the future part of a F/X swap order.
15CurrencyCcy 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.
1019StipulationsStipoptionalSYNOPSIS: The Stipulations component block is used in Fixed Income to provide additional information on a given security. These additional information are usually not considered static data information.
ELABORATION:
1AccountAcct optional SYNOPSIS: Account mnemonic as agreed between buy and sell sides, e.g. broker and institution or investor/intermediary and fund manager.
660AcctIDSourceAcctIDSrc optional SYNOPSIS: Used to identify the source of the Account (1) code. This is especially useful if the account is a new account that the Respondent may not have setup yet in their system.
581AccountTypeAcctTyp optional SYNOPSIS: Type of account associated with an order
2027LegQuotGrpQuotoptionalSYNOPSIS:
ELABORATION:
132BidPxBidPx optional SYNOPSIS: Bid price/rate
133OfferPxOfrPx optional SYNOPSIS: Offer price/rate
645MktBidPxMktBidPx optional SYNOPSIS: Used to indicate the best bid in a market
646MktOfferPxMktOfrPx optional SYNOPSIS: Used to indicate the best offer in a market
647MinBidSizeMinBidSz optional SYNOPSIS: Used to indicate a minimum quantity for a bid.
134BidSizeBidSz optional SYNOPSIS: Quantity of bid (Prior to FIX 4.2 this field was of type int)
648MinOfferSizeMinOfrSz optional SYNOPSIS: Used to indicate a minimum quantity for an offer. If this field is used the OfferSize (135) field is interpreted as the maximum offer size.
135OfferSizeOfrSz optional SYNOPSIS: Quantity of offer (Prior to FIX 4.2 this field was of type int)
62ValidUntilTimeValidUntilTm optional SYNOPSIS: Indicates expiration time of indication message (always expressed in UTC (Universal Time Coordinated, also known as "GMT")
188BidSpotRateBidSpotRt optional SYNOPSIS: Bid F/X spot rate.
190OfferSpotRateOfrSpotRt optional SYNOPSIS: Offer F/X spot rate.
189BidForwardPointsBidFwdPnts optional SYNOPSIS: Bid F/X forward points added to spot rate. May be a negative value.
191OfferForwardPointsOfrFwdPnts optional SYNOPSIS: Offer F/X forward points added to spot rate. May be a negative value.
631MidPxMidPx optional SYNOPSIS: Mid price/rate. For OTC swaps this is the mid-market mark (for example, as defined by CFTC). For uncleared OTC swaps, LegMidPx(2346) and the MidPx(631) fields are mutually exclusive.
632BidYieldBidYld optional SYNOPSIS: Bid yield
633MidYieldMidYld optional SYNOPSIS: Mid yield
634OfferYieldOfrYld optional SYNOPSIS: Offer yield
60TransactTimeTxnTm optional SYNOPSIS: Timestamp when the business transaction represented by the message occurred.
40OrdTypeOrdTyp optional SYNOPSIS: Order type. *** SOME VALUES ARE NO LONGER USED - See "Deprecated (Phased-out) Features and Supported Approach" *** (see Volume : "Glossary" for value definitions)
642BidForwardPoints2BidFwdPnts2 optional SYNOPSIS: Bid F/X forward points of the future portion of a F/X swap quote added to spot rate. May be a negative value.
643OfferForwardPoints2OfrFwdPnts2 optional SYNOPSIS: Offer F/X forward points of the future portion of a F/X swap quote added to spot rate. May be a negative value.
656SettlCurrBidFxRateSettlCurrBidFxRt optional SYNOPSIS: Foreign exchange rate used to compute the bid "SettlCurrAmt" (119) from Currency (15) to SettlCurrency (120)
657SettlCurrOfferFxRateSettlCurrOfrFxRt optional SYNOPSIS: Foreign exchange rate used to compute the offer "SettlCurrAmt" (119) from Currency (15) to SettlCurrency (120)
156SettlCurrFxRateCalcSettlCurrFxRtCalc optional SYNOPSIS: Specifies whether or not SettlCurrFxRate (155) should be multiplied or divided.
1000CommissionDataCommoptionalSYNOPSIS: The CommissionData component block is used to carry commission information such as the type of commission and the rate. Use the CommissionDataGrp component as an alternative if multiple commissions or enhanced attributes are needed.
ELABORATION: This component may be used to provide aggregated commission data of a given CommType(13) where the CommissionDataGrp maybe used to include the detail splits provided the commission is of the same commission basis type. For example, CommissionData may contain CommType(13) of 3 (Absolute) and a Commission(12) value of "15". CommissionDataGrp may be used to show how this Commission(12) value of "15" is split up as long as the CommissionBasis(2642) is also 3 (Absolute) for each of the instances added together. This method of aggregated commission data may also be applied to this component to provide a total when the instances of the detail splits in CommissionDataGrp contain leg level information (indicated by the usage of CommissionLegRefID(2649) in CommissionDataGrp). Note that it is only possible to aggregate values for a single commission basis type.
582CustOrderCapacityCustCpcty optional SYNOPSIS: Capacity of customer placing the order.
ELABORATION: Used by futures exchanges to indicate the CTICode (customer type indicator) as required by the US CFTC (Commodity Futures Trading Commission). May be used as required by other regulatory commissions for similar purposes.
100ExDestinationExDest optional SYNOPSIS: Execution destination as defined by institution when order is entered. Valid values: See "Appendix 6-C"
1133ExDestinationIDSourceExDestIDSrc optional SYNOPSIS: The ID source of ExDestination
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.
44PricePx optional SYNOPSIS: Price per unit of quantity (e.g. per share)
423PriceTypePxTyp optional SYNOPSIS: Code to represent the price type.
ELABORATION: For Financing transactions PriceType(423) implies the "repo type" - Fixed or Floating - 9 (Yield) or 6 (Spread) respectively - and Price(44) gives the corresponding "repo rate". See Volume 1 "Glossary" for further value definitions.
1074PriceQualifierGrpPxQualoptionalSYNOPSIS: The PriceQualifierGrp component clarifies the composition of the price when standard market practice for the security calls for a price that is atypical when traded in other markets, or when a price can be expressed in more than one way.
ELABORATION:
1917CoverPriceCoverPx optional SYNOPSIS: The best quoted price received among those not traded.
1018SpreadOrBenchmarkCurveDataSprdBnchmkCurveoptionalSYNOPSIS: The SpreadOrBenchmarkCurveData component block is primarily used for Fixed Income to convey spread to a benchmark security or curve.
ELABORATION:
1022YieldDataYieldoptionalSYNOPSIS: The YieldData component block conveys yield information for a given Fixed Income security.
ELABORATION:
1937TradeContinuationTrdContntn optional SYNOPSIS: Specifies the post-execution trade continuation or lifecycle event. Additional values may be used by mutual agreement of the counterparties.
2374TradeContinuationTextTrdContntnTxt optional SYNOPSIS: Free form text to specify additional trade continuation information or data.
2372EncodedTradeContinuationTextLenEncTrdContntnTextLen optional SYNOPSIS: Byte length of encoded (non-ASCII characters) EncodedTradeContinuationText(2371) field.
2371EncodedTradeContinuationTextEncTrdContntnText optional SYNOPSIS: Encoded (non-ASCII characters) representation of the TradeContinuationText(2374) field in the encoded format specified via the MessageEncoding(347) field. If used, the ASCII (English) representation should also be specified in the TradeContinuationText(2374) field.
443StrikeTimeStrkTm 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.
1025StandardTrailerTrlrrequiredSYNOPSIS: The standard FIX message trailer
ELABORATION: