Tag 625
TradingSessionSubID
Abbreviation:
SesSubDescription
Optional market assigned sub identifier for a trading phase within a trading session. Usage is determined by market or counterparties. Used by US based futures markets to identify exchange specific execution time bracket codes as required by US market regulations. Bilaterally agreed values of data type "String" that start with a character can be used for backward compatibility
Wire Format & Usage Example
Single field (key=value)
625=1 (PreTrading)
In a FIX message (ExecutionReport)
8=FIX.4.4 | 9=... | 35=8 | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 625=1 (PreTrading) | … | 10=...
Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 625=1 (PreTrading) is this field's position in the message.
All valid values
| Wire | Name | Description |
|---|---|---|
625=1 | PreTrading | Pre-Trading |
625=2 | OpeningOrOpeningAuction | Opening or opening auction |
625=3 | Continuous | (Continuous) Trading |
625=4 | ClosingOrClosingAuction | Closing or closing auction |
625=5 | PostTrading | Post-Trading |
625=6 | IntradayAuction | Intraday Auction |
625=7 | Quiescent | Quiescent |
Enumerated Values
7| Value | Symbolic Name | Description | Added |
|---|---|---|---|
| 1 | PreTrading | Pre-Trading | FIX.5.0 |
| 2 | OpeningOrOpeningAuction | Opening or opening auction | FIX.5.0 |
| 3 | Continuous | (Continuous) Trading | FIX.5.0 |
| 4 | ClosingOrClosingAuction | Closing or closing auction | FIX.5.0 |
| 5 | PostTrading | Post-Trading | FIX.5.0 |
| 6 | IntradayAuction | Intraday Auction | FIX.5.0 |
| 7 | Quiescent | Quiescent | FIX.5.0 |
Used in Messages
617AdvertisementJAllocationInstructionBMAllocationInstructionAlertASAllocationReportkBidRequestlBidResponseAYCollateralAssignmentBBCollateralInquiryBGCollateralInquiryAckBACollateralReportAXCollateralRequesttCrossOrderCancelReplaceRequestAADerivativeSecurityListzDerivativeSecurityListRequestBRDerivativeSecurityListUpdateReport8ExecutionReportXMarketDataIncrementalRefreshVMarketDataRequestWMarketDataSnapshotFullRefreshiMassQuotebMassQuoteAcknowledgementACMultilegOrderCancelReplacesNewOrderCrossENewOrderListABNewOrderMultilegDNewOrderSingleGOrderCancelReplaceRequestBZOrderMassActionReportCAOrderMassActionRequestrOrderMassCancelReportqOrderMassCancelRequestAFOrderMassStatusRequestAMPositionMaintenanceReportALPositionMaintenanceRequestSQuoteZQuoteCancelRQuoteRequestAGQuoteRequestRejectAJQuoteResponseAIQuoteStatusReportaQuoteStatusRequestAHRFQRequestANRequestForPositionsdSecurityDefinitioncSecurityDefinitionRequestBPSecurityDefinitionUpdateReportySecurityListxSecurityListRequestBKSecurityListUpdateReportfSecurityStatuseSecurityStatusRequestvSecurityTypeRequestwSecurityTypesAETradeCaptureReportARTradeCaptureReportAckADTradeCaptureReportRequestBJTradingSessionListBITradingSessionListRequestBSTradingSessionListUpdateReporthTradingSessionStatusgTradingSessionStatusRequest