Tag 114
LocateReqd
Abbreviation:
Description
Indicates whether the broker is to locate the stock in conjunction with a short sell order.
Wire Format & Usage Example
Single field (key=value)
114=Y (Yes)
In a FIX message (NewOrderSingle)
8=FIX.4.4 | 9=... | 35=D | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 114=Y (Yes) | … | 10=...
Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 114=Y (Yes) is this field's position in the message.
All valid values
| Wire | Name | Description |
|---|---|---|
114=Y | Yes | Indicates the broker is responsible for locating the stock |
114=N | No | Indicates the broker is not required to locate |
Enumerated Values
2| Value | Symbolic Name | Description | Added |
|---|---|---|---|
| Y | Yes | Indicates the broker is responsible for locating the stock | FIX.4.0 |
| N | No | Indicates the broker is not required to locate | FIX.4.0 |