Tag 59
TimeInForce
Abbreviation:
TmInForceDescription
Specifies how long the order remains in effect. Absence of this field is interpreted as DAY.
Wire Format & Usage Example
Single field (key=value)
59=0 (Day)
In a FIX message (ExecutionReport)
8=FIX.4.4 | 9=... | 35=8 | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 59=0 (Day) | … | 10=...
Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 59=0 (Day) is this field's position in the message.
All valid values
| Wire | Name | Description |
|---|---|---|
59=0 | Day | Day (or session) |
59=1 | GoodTillCancel | Good Till Cancel (GTC) |
59=2 | AtTheOpening | At the Opening (OPG) |
59=3 | ImmediateOrCancel | Immediate or Cancel (IOC) |
59=4 | FillOrKill | Fill or Kill (FOK) |
59=5 | GoodTillCrossing | Good Till Crossing (GTX) |
59=6 | GoodTillDate | Good Till Date |
59=7 | AtTheClose | At the Close |
Enumerated Values
8| Value | Symbolic Name | Description | Added |
|---|---|---|---|
| 0 | Day | Day (or session) | FIX.2.7 |
| 1 | GoodTillCancel | Good Till Cancel (GTC) | FIX.2.7 |
| 2 | AtTheOpening | At the Opening (OPG) | FIX.2.7 |
| 3 | ImmediateOrCancel | Immediate or Cancel (IOC) | FIX.2.7 |
| 4 | FillOrKill | Fill or Kill (FOK) | FIX.2.7 |
| 5 | GoodTillCrossing | Good Till Crossing (GTX) | FIX.2.7 |
| 6 | GoodTillDate | Good Till Date | FIX.4.0 |
| 7 | AtTheClose | At the Close | FIX.4.3 |