Is there any Industry Standard Custom FIX tag for SOR?

, ,
1

Imported from previous forum

2

Hi All,
We are sell side and our clients wants to send their Orders with SOR enabled Flag. It means if the falg is present in the NewOrder reqeuest then we route the order to SOR or else we route them to Primary Market.
Is there any Industry Standard Custom FIX tag to specify SOR Flag in Fix message? If yes please let us know.
Regards,
Kiran

3

Hi Kiran,
I don’t know ih there’s a standard, but I can tell you what we are doing.

we have two different options to identify SOR

  1. no Exchange Id (tag 100 or tag 207) specified
  2. a particular Id in tags 100 or 207

Hope this can help
regards,
Lanfranco

Hi All,
We are sell side and our clients wants to send their Orders with SOR enabled Flag. It means if the falg is present in the NewOrder reqeuest then we route the order to SOR or else we route them to Primary Market.
Is there any Industry Standard Custom FIX tag to specify SOR Flag in Fix message? If yes please let us know.
Regards,
Kiran

4

[ original email was from Anubhaw Sinha - anubhaw.sinha@tcs.com ]
Hi Lanfranco,

Is this the only way to identify if the order is to be routed to Smart Order Routing?

Thanks

Hi Kiran,
I don’t know ih there’s a standard, but I can tell you what we are doing.

we have two different options to identify SOR

  1. no Exchange Id (tag 100 or tag 207) specified
  2. a particular Id in tags 100 or 207

Hope this can help
regards,
Lanfranco

Hi All,
We are sell side and our clients wants to send their Orders with SOR enabled Flag. It means if the falg is present in the NewOrder reqeuest then we route the order to SOR or else we route them to Primary Market.
Is there any Industry Standard Custom FIX tag to specify SOR Flag in Fix message? If yes please let us know.
Regards,
Kiran

5

Hi Lanfranco,

Is this the only way to identify if the order is to be routed to Smart Order Routing?

Thanks

Look at 21=3 if it can meet your need.

Xavier.

Hi Kiran,
I don’t know ih there’s a standard, but I can tell you what we are doing.

we have two different options to identify SOR

  1. no Exchange Id (tag 100 or tag 207) specified
  2. a particular Id in tags 100 or 207

Hope this can help
regards,
Lanfranco

Hi All,
We are sell side and our clients wants to send their Orders with SOR enabled Flag. It means if the falg is present in the NewOrder reqeuest then we route the order to SOR or else we route them to Primary Market.
Is there any Industry Standard Custom FIX tag to specify SOR Flag in Fix message? If yes please let us know.
Regards,
Kiran