Tag 548
CrossID
Abbreviation:
CrssIDDescription
Identifier for a cross order. Must be unique during a given trading day. Recommend that firms use the order date as part of the CrossID for Good Till Cancel (GT) orders.
Wire Format & Usage Example
Single field (key=value)
548=EXAMPLE
In a FIX message (ExecutionReport)
8=FIX.4.4 | 9=... | 35=8 | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 548=EXAMPLE | … | 10=...
Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 548=EXAMPLE is this field's position in the message.