Tag 1111
TriggerOrderType
Abbreviation:
TrgrOrdTypDescription
The OrdType the order should have after the trigger has hit. Required to express orders that change from Limit to Market. Other values from OrdType (40) may be used if appropriate and bilaterally agreed upon.
Wire Format & Usage Example
Single field (key=value)
1111=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 | … | 1111=1 (Market) | … | 10=...
Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 1111=1 (Market) is this field's position in the message.
All valid values
| Wire | Name | Description |
|---|---|---|
1111=1 | Market | Market |
1111=2 | Limit | Limit |
Enumerated Values
2| Value | Symbolic Name | Description | Added |
|---|---|---|---|
| 1 | Market | Market | FIX.4.4 |
| 2 | Limit | Limit | FIX.4.4 |