Own and Third Party orders

, ,
1

Imported from previous forum

2

Any suggestions on which tag is to be used to mark an order as Third Party order or own order ?

By the way, for the French Euronext equity market 4 possible values are to be mapped:

1 Client Order (= Third Party order)
2 Non-Client Order (=Own order)
3 Related Party Order
4 Liquidity Provider Order

Thank you in advance.

Antonio Caroselli
www.gatelab.com

3

Hi Antonio,

Any suggestions on which tag is to be used to mark an order as Third
Party order or own order ?

Have a look at TradeCapacity(tag 528), which replaced the Rule80A(tag 47) in FIX 4.3:

A : Agency
G : Proprietary
I : Individual
P : Principal
R : Riskless Principal
W : Agent for Other Member

If you want to use this tag with older FIX versions, there is a user-defined tag 6528 registered in the User Defined Fields Repository referenced from the section “Technical / Specifications”:

http://fixprotocol.org/specifications/fields/6528-6528

Cheers, Jörg