odd lot

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Imported from previous forum

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any tag in FIX 4.0 or 4.2 to specify that it’s an odd lot orders.

Thanks

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[ original email was from Ryan Pierce - rpierce@taltrade.com ]
> any tag in FIX 4.0 or 4.2 to specify that it’s an odd lot orders.

I don’t believe there’s an explicit tag to indicate this. However, TradingSessionID (and NoTradingSessions, since it is part of a repeating group) can be used for this purpose.

Trading sessions, in addition to denoting a time block during which something can trade, can also be used to indicate different sessions happening at the same time. For instance, a derivatives exchange may have a concurrent open outcry and electronic session. Or for equities, odd lot trades and block trades may each have their own distinct session.

If you are an Exchange, ECN, or ATS and are defining values for TradingSessionID, please let me know so I can add them to the centrally-maintained document under the archive part of the ECNs/Exchanges working group.