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  • Documentation

  • Field

    ExecInst

    ID (tag)18
    TypeExecInstCodeSet
    PedigreeAdded FIX.2.7, Updated FIX.4.1-errata1
    Instructions for order handling on exchange trading floor. If more than one instruction is applicable to an order, this field can contain multiple instructions separated by space.

    Valid values:
    1 = Not held
    2 = Work
    3 = Go along
    4 = Over the day
    5 = Held
    6 = Participate don't initiate
    7 = Strict scale
    8 = Try to scale
    9 = Stay on bidside
    0 = Stay on offerside
    A = No cross (cross is forbidden)
    B = OK to cross
    C = Call first
    D = Percent of volume (indicates that the sender does not want to be all of the volume on the floor vs. a specific percentage)
    E = Do not increase - DNI
    F = Do not reduce - DNR
    G = All or none - AON
    I = Institutions only
    L = Last peg (last sale)
    M = Mid-price peg (midprice of inside quote)
    N = Non-negotiable
    O = Opening peg
    P = Market peg
    R = Primary peg (primary market - buy at bid/sell at offer)
    S = Suspend
    U = Customer Display Instruction (Rule11Ac1-1/4)
    V = Netting (for Forex)

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