# CashOrderQty usage
**URL:** https://forum.fixtrading.org/t/cashorderqty-usage/4050
**Category:** General Q&A
**Tags:** general-qa, xid\_167268, imported
**Created:** [February 23, 2000, 7:51am UTC](https://forum.fixtrading.org/t/cashorderqty-usage/4050 "2000-02-23T07:51:00Z")
**Posts on this page:** 3
**Page:** 1
### Author:  [@fplpo\_x](https://forum.fixtrading.org/u/fplpo_x)
#### Post date: [February 23, 2000, 7:51am UTC](https://forum.fixtrading.org/t/cashorderqty-usage/4050/1 "2000-02-23T07:51:00Z")
Imported from previous forum
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### Author:  [@fplpo\_x](https://forum.fixtrading.org/u/fplpo_x)
#### Post date: [February 23, 2000, 7:51am UTC](https://forum.fixtrading.org/t/cashorderqty-usage/4050/2 "2000-02-23T07:51:00Z")
[original email was from Saraswati R - [saraswati\_r@yahoo.com](mailto:saraswati_r@yahoo.com) ]
Hi!
I would like to know how CashOrderQty is used? Are there any restictions on its usage?
Does the presence of CashOrderQty in an Order message imply that the order is a Market Order? Can it be otherwise?
Thanks,
Saraswati
---
### Author:  [@scott.atwell](https://forum.fixtrading.org/u/scott.atwell)
#### Post date: [February 28, 2000, 11:17pm UTC](https://forum.fixtrading.org/t/cashorderqty-usage/4050/3 "2000-02-28T23:17:00Z")
CashOrderQty was added in FIX 4.1 to the Order message in order to allow (under bi-lateral agreement) the ability for one to express a share-based order in monetary units (e.g. Buy $100,000 worth of IBM). The broker would be required maintain the conversion/rounding rules and convert the monetary value into a share quantity. From that point on, a share-based OrderQty is established the ExecutionRpt reflects OrderQty, LastShares, CumQty, etc. in share amounts.
\> Hi!
\>
\> I would like to know how CashOrderQty is used? Are there any restictions on its usage?
\> Does the presence of CashOrderQty in an Order message imply that the order is a Market Order? Can it be otherwise?
\>
\> Thanks,
\> Saraswati
\>