Execution report order entry time for out of band order

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Imported from previous forum

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When we receive a phone order we only send an Execution report filled message to our customer when the item has traded. Our customer would like to receive the time the order was entered into our system from the phone call. I can’t seem to find an appropriate field to place this information. The closest seems to be TransBkdTime(483), but that seems specific to CIV orders, where as these trades will be fixed income orders.

Any suggestions on what field to use?

thanks, Jesse

3

Use the component block TrdRegTimestamps which is intended to capture additional timestamps related to trading or required by the regulator.

768 NoTrdRegTimestamps = 1
769 > TrdRegTimestamp =
770 > TrdRegTimestampType = 5 = Broker Execution (or 2 = Time In)
771 > TrdRegTimestampOrigin = “My Swatch”

The last one is optional :slight_smile:

Regards,
Hanno.

When we receive a phone order we only send an Execution report filled
message to our customer when the item has traded. Our customer would
like to receive the time the order was entered into our system from
the phone call. I can’t seem to find an appropriate field to place
this information. The closest seems to be TransBkdTime(483), but that
seems specific to CIV orders, where as these trades will be fixed
income orders.

Any suggestions on what field to use?

thanks, Jesse

4

It should be noted that the TrdRegTimestamps component block was introduced in FIX 4.4, but was not included in an Execution report for that version. The TrdRegTimestamps component block was not incorporated into the Execution Report until FIX 5.0. So keep this in mind when implementing with your counterparty.

-Cheers, Peter

Use the component block TrdRegTimestamps which is intended to capture
additional timestamps related to trading or required by the regulator.

768 NoTrdRegTimestamps = 1
769 > TrdRegTimestamp = 770 > TrdRegTimestampType =
5 = Broker Execution (or 2 = Time In)
770 > TrdRegTimestampOrigin = “My Swatch”

The last one is optional :slight_smile:

Regards, Hanno.

When we receive a phone order we only send an Execution report filled
message to our customer when the item has traded. Our customer would
like to receive the time the order was entered into our system from
the phone call. I can’t seem to find an appropriate field to place
this information. The closest seems to be TransBkdTime(483), but that
seems specific to CIV orders, where as these trades will be fixed
income orders.

Any suggestions on what field to use?

thanks, Jesse