Order types in the Korean Stock Exchange

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Imported from previous forum

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[ original email was from Jack Huang - jack.huang@etrade.com ]
Hi,

Which FIX tags and values should I use for the following order type in the KSE?

Pre-hour Session (7:30 ~ 8:30)

  1. Pre-market closing price order – An order that can be executed only at closing price of previous trading day.

After-hour Session (15:10 ~ 18:00)

  1. After-market closing price order(15:10 ~ 15:30) – An order that can be executed on at closing price of the day
  2. After-market periodic auction(15:30 ~ 18:00) – For this type of orders, the exchange collects all bids and offers placed for 30 min. and matches at a single price in every 30 min. – 16:00, 16:30, 17:00, 17:30 and 18:00

Does KSE have a FIX link?

Thanks in advance,

Jack

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Hi,
I am FIX manager in Daewoo Securities.

Until recent, I am afraid the tag you mentioned is not discribed yet in fix specification.
I also asked other IT guys woking on FIX business, but there is no right answer.

As you know, there is not the determined values at STPHUB as well.
Maybe we need more discussion to solve this issue.

And I know KRX (KSE) does still not support FIX yet.
If you want more information, call me 02-509-4132.
Robert Pomnyung LEE.

Hi,

Which FIX tags and values should I use for the following order type
in the KSE?

Pre-hour Session (7:30 ~ 8:30)

  1. Pre-market closing price order – An order that can be executed only
    at closing price of previous trading day.

After-hour Session (15:10 ~ 18:00)
2. After-market closing price order(15:10 ~ 15:30) – An order that can
be executed on at closing price of the day
3. After-market periodic auction(15:30 ~ 18:00) – For this type of
orders, the exchange collects all bids and offers placed for 30 min.
and matches at a single price in every 30 min. – 16:00, 16:30, 17:00,
17:30 and 18:00

Does KSE have a FIX link?

Thanks in advance,

Jack