ExecInst

Tag 18

ExecInst

Abbreviation:
Typechar
Tag18
AddedFIX.2.7
Used in4 messages

Description

Instructions for order handling on exchange trading floor. If more than one instruction is applicable to an order, this field can contain multiple instructions separated by space.

Wire Format & Usage Example

Single field (key=value)
18=0 (StayOnOfferSide)
In a FIX message (ExecutionReport)
8=FIX.4.4 | 9=... | 35=8 | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 |  | 18=0 (StayOnOfferSide) |  | 10=...

Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 18=0 (StayOnOfferSide) is this field's position in the message.

All valid values
WireNameDescription
18=0StayOnOfferSideStay on offerside
18=1NotHeldNot held
18=2WorkWork
18=3GoAlongGo along
18=4OverTheDayOver the day
18=5HeldHeld
18=6ParticipateDoNotInitiateParticipate don't initiate
18=7StrictScaleStrict scale
18=8TryToScaleTry to scale
18=9StayOnBidSideStay on bidside
18=ANoCrossNo cross
18=BOKToCrossOK to cross
18=CCallFirstCall first
18=DPercentOfVolumePercent of volume
18=EDoNotIncreaseDo not increase - DNI
18=FDoNotReduceDo not reduce - DNR
18=GAllOrNoneAll or none - AON
18=IInstitutionsOnlyInstitutions only
18=LLastPegLast peg (last sale)
18=MMidPricePegMid-price peg (midprice of inside quote)
18=NNonNegotiableNon-negotiable
18=OOpeningPegOpening peg
18=PMarketPegMarket peg
18=RPrimaryPegPrimary peg (primary market - buy at bid/sell at offer)
18=SSuspendSuspend

Enumerated Values

25
ValueSymbolic NameDescriptionAdded
0StayOnOfferSideStay on offersideFIX.2.7
1NotHeldNot heldFIX.2.7
2WorkWorkFIX.2.7
3GoAlongGo alongFIX.2.7
4OverTheDayOver the dayFIX.2.7
5HeldHeldFIX.2.7
6ParticipateDoNotInitiateParticipate don't initiateFIX.2.7
7StrictScaleStrict scaleFIX.2.7
8TryToScaleTry to scaleFIX.2.7
9StayOnBidSideStay on bidsideFIX.2.7
ANoCrossNo crossFIX.2.7
BOKToCrossOK to crossFIX.2.7
CCallFirstCall firstFIX.2.7
DPercentOfVolumePercent of volumeFIX.2.7
EDoNotIncreaseDo not increase - DNIFIX.2.7
FDoNotReduceDo not reduce - DNRFIX.2.7
GAllOrNoneAll or none - AONFIX.2.7
IInstitutionsOnlyInstitutions onlyFIX.3.0
LLastPegLast peg (last sale)FIX.3.0
MMidPricePegMid-price peg (midprice of inside quote)FIX.3.0
NNonNegotiableNon-negotiableFIX.3.0
OOpeningPegOpening pegFIX.3.0
PMarketPegMarket pegFIX.3.0
RPrimaryPegPrimary peg (primary market - buy at bid/sell at offer)FIX.3.0
SSuspendSuspendFIX.3.0