Tag 40
OrdType
Abbreviation:
Description
Order type.
Wire Format & Usage Example
Single field (key=value)
40=1 (Market)
In a FIX message (ExecutionReport)
8=FIX.4.4 | 9=... | 35=8 | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 40=1 (Market) | … | 10=...
Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 40=1 (Market) is this field's position in the message.
All valid values
| Wire | Name | Description |
|---|---|---|
40=1 | Market | Market |
40=2 | Limit | Limit |
40=3 | Stop | Stop |
40=4 | StopLimit | Stop limit |
40=5 | MarketOnClose | Market on close |
40=6 | WithOrWithout | With or without |
40=7 | LimitOrBetter | Limit or better |
40=8 | LimitWithOrWithout | Limit with or without |
40=9 | OnBasis | On basis |
40=A | OnClose | On close |
40=B | LimitOnClose | Limit on close |
40=C | ForexMarket | Forex |
40=D | PreviouslyQuoted | Previously quoted |
40=E | PreviouslyIndicated | Previously indicated |
40=P | Pegged | Pegged (requires ExecInst = L, R, M, P or O) |
Enumerated Values
15| Value | Symbolic Name | Description | Added |
|---|---|---|---|
| 1 | Market | Market | FIX.2.7 |
| 2 | Limit | Limit | FIX.2.7 |
| 3 | Stop | Stop | FIX.2.7 |
| 4 | StopLimit | Stop limit | FIX.2.7 |
| 5 | MarketOnClose | Market on close | FIX.2.7 |
| 6 | WithOrWithout | With or without | FIX.2.7 |
| 7 | LimitOrBetter | Limit or better | FIX.2.7 |
| 8 | LimitWithOrWithout | Limit with or without | FIX.2.7 |
| 9 | OnBasis | On basis | FIX.2.7 |
| A | OnClose | On close | FIX.2.7 |
| B | LimitOnClose | Limit on close | FIX.2.7 |
| C | ForexMarket | Forex | FIX.4.0 |
| D | PreviouslyQuoted | Previously quoted | FIX.4.0 |
| E | PreviouslyIndicated | Previously indicated | FIX.4.0 |
| P | Pegged | Pegged (requires ExecInst = L, R, M, P or O) | FIX.3.0 |