Side <54> field – FIX.4.3 – FIX Reference

Description

Side of order

Wire Format & Usage Example

Single field (key=value)

54=6 (SellShortExempt)

In a FIX message (ExecutionReport)

8=FIX.4.4 | 9=... | 35=8 | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 54=6 (SellShortExempt) | … | 10=...

Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 54=6 (SellShortExempt) is this field's position in the message.

All valid values

Wire	Name	Description
`54=6`	SellShortExempt	Sell short exempt
`54=B`	AsDefined	As Defined (for use with multileg instruments)
`54=C`	Opposite	Opposite (for use with multileg instruments)
`54=8`	Cross	Cross (orders where counterparty is an exchange, valid for all messages except IOIs)
`54=9`	CrossShort	Cross short
`54=1`	Buy	Buy
`54=2`	Sell	Sell
`54=3`	BuyMinus	Buy minus
`54=4`	SellPlus	Sell plus
`54=A`	CrossShortExempt	Cross short exempt
`54=5`	SellShort	Sell short
`54=7`	Undisclosed	Undisclosed (valid for IOI and List Order messages only)

Enumerated Values

12

Value	Symbolic Name	Description	Added
6	SellShortExempt	Sell short exempt	FIX.2.7
B	AsDefined	As Defined (for use with multileg instruments)	FIX.4.3
C	Opposite	Opposite (for use with multileg instruments)	FIX.4.3
8	Cross	Cross (orders where counterparty is an exchange, valid for all messages except IOIs)	FIX.4.1
9	CrossShort	Cross short	FIX.4.2
1	Buy	Buy	FIX.2.7
2	Sell	Sell	FIX.2.7
3	BuyMinus	Buy minus	FIX.2.7
4	SellPlus	Sell plus	FIX.2.7
A	CrossShortExempt	Cross short exempt	FIX.4.3
5	SellShort	Sell short	FIX.2.7
7	Undisclosed	Undisclosed (valid for IOI and List Order messages only)	FIX.4.1

Used in Messages

25