NewQuote (MENQ)
| ID | 23661 |
The New Quote Event is used to report the following:
- Quotes originated in OTC equity securities ultimately sent to an inter-dealer quotation system operated by an Industry Member
- Quotes originated in OTC Equity securities ultimately sent to a quotation venue not operated by a CAT Reporter.
- Any other electronic quotes which are provided by or received in a CAT Reporter’s order/quote handling or execution systems in CAT reportable securities and are provided by an Industry Member to other market participants off a national securities exchanges, as described in CAT FAQ B45.
For two-sided quote events, the bidPrice, bidQty, askPrice, and askQty fields must be populated. For one-sided quote events, the price and quantity of the applicable side must be populated. For quotes representing a name only quote for which a price and quantity is not applicable, the price and quantity of the applicable side must be blank or must be populated with zero, and the unpricedInd must be populated as ‘true’.
If the field onlyOneQuoteFlag is populated as ‘true’, any New Quote event offered by the same CATReporterIMID to the same destination in the same symbol will be considered cancelled and replaced by CAT. Modifications reflected using the onlyOneQuoteFlag method may maintain the same quote ID. However, if a quote is cancelled and a new quote is reported to CAT, the New Quote Event must not maintain the same quote ID as the quote that was cancelled. Modifications to a quote when the onlyOneQuoteFlag is populated as ‘true’ must not be captured using the Quote Modified event.
Quotes entered directly into an inter-dealer quotation system’s platform that are not sent to the inter-dealer quotation system electronically (e.g., via FIX) are considered to be originated manually, and the manualFlag must be populated as ‘true’.
Field | Name | Type | Req'd | Comments | Pedigree |
|---|---|---|---|---|---|
2 | Y | Indicates whether the event is a new event, a firm initiated correction or a repair of a CAT error. | |||
38 | Required when actionType is ‘RPR’. Must be blank when actionType is ‘NEW’. | ||||
44 | Y | An identifier assigned to the record by the reporting firm. Formatted as Must be unique for the Event Date and CAT Reporter IMID. | |||
131 | Y | MENQ | |||
22 | The SRO-assigned identifier that an Industry Member uses to report to CAT. If populated, must equal the CATReporterIMID in the filename. | ||||
98 | Y | The date and time the quoteID was assigned. | |||
97 | Y | The internal quote ID assigned to the quote by the Industry Member. Must be unique within quoteKeyDate, CATReporterIMID, and symbol combination. | |||
123 | Y | The symbol of the stock in the symbology of the primary listing exchange or FINRA for OTC Equity Securities. | |||
108 | Field position is retired and must remain blank. | ||||
108001 | Field position is retired and must remain blank. | ||||
39 | Y | The date/time the quote was originated by the Industry Member. If manualFlag is ‘true’, must be reported to seconds or a finer increment up to nanoseconds. If manualFlag is ‘false’, must be reported to milliseconds or a finer increment up to nanoseconds. | |||
117 | The sequence number assigned to the quote by the reporter. Any alphanumeric not containing a delimiter. Required if two MENQs are submitted by an Industry Member using the onlyOneQuoteFlag method to modify a quote, and both MENQ events have the same timestamp. | ||||
108002 | Field position is retired and must remain blank. | ||||
108003 | Field position is retired and must remain blank. | ||||
108004 | Field position is retired and must remain blank. | ||||
74 | Y | Value is ‘true’ if the recipient only allows one quote per symbol for this Industry Member. Otherwise, false. | |||
15 | Price being bid. When provided, must be greater than or equal to zero. When unpricedInd is ‘true’, must be blank, or populated with a value of ‘0’. When unpricedInd is ‘false’, must be populated with a value greater than 0 if the askPrice field is blank. | ||||
16 | Quantity being bid. Must be populated with a value greater than ‘0’ if the bidPrice field is populated with a value greater than ‘0’. | ||||
10 | Price being asked. When provided, must be greater than or equal to zero. When unpricedInd is ‘true’, must be blank, or populated with a value of ‘0’. When unpricedInd is ‘false’, must be populated with a value greater than 0 if the bidPrice field is blank. | ||||
11 | Quantity being asked. Must be populated with a value greater than ‘0’ if the askPrice field is populated with a value greater than ‘0’. | ||||
42 | Refer to Appendix G: Data Dictionary for definition and guidance for populating this field. Required when representativeQuoteInd is null. Not required for an Industry Member generating quotes and displaying them on a Display-only Facility. (i.e., Not required when representativeQuoteInd is present.) | ||||
1 | Represents the type of account that originated this quote. Must be provided when firmDesignatedID is present. Not required for an Industry Member generating quotes and displaying them on a Display-only Facility. (i.e., Not required when representativeQuoteInd is present.) | ||||
133 | Y | Indicates whether this is an unsolicited quote. | |||
108005 | Field position is retired and must remain blank. | ||||
108006 | Field position is retired and must remain blank. | ||||
134 | Y | If this is an unpriced quote, must be populated as ‘true’. When unpricedInd is ‘true’, bid and ask fields are not required. | |||
56 | Y | Must be marked as ‘true’ if the quote is received or captured manually. | |||
37 | The time at which the event is systematized. Required when manualFlag is ‘true’ and the event is systematized. | ||||
106 | Indicates if the quote represents Customer/Client orders. Applicable for an Industry Member generating quotes and displaying them on a Display-only Facility. | ||||
askAggregatedOrders | The orderID of each Customer/Client order being aggregated into a quote on the ask side. See Table 40: Aggregated Orders below. Applicable for an Industry Member generating quotes and displaying them on a Display-only Facility. Required when representativeQuoteInd is ‘A’ or ‘C’. Must be blank when representativeQuoteInd is ‘N’ or ‘S’. | ||||
bidAggregatedOrders | The orderID of each Customer/Client order being aggregated into a quote on the bid side. See Table 40: Aggregated Orders below. Applicable for an Industry Member generating quotes and displaying them on a Display-only Facility. Required when representativeQuoteInd is ‘B’ or ‘C’. Must be blank when representativeQuoteInd is ‘N’ or ‘S’. |
Orchimate Copyright 2026 Atomic Wire Technology Limited
Orchestra Copyright 2026 FIX Protocol Ltd
Terms of Use|Privacy Policy