TIF values for GTM and GTW order

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1

Imported from previous forum

2

Is there anyone know the TIF values for Good Till Month and Good Till Week orders?

Thanks,

Jue Wang

3

I could not find any TIF values for Good Till Month and Good Till Week at

http://fixprotocol.org/FIXimate3.0/en/FIX.5.0SP2/tag59.html

You could use

59 = 6 (Good Till Date)

and specify the End of Month / Week in 126 (ExpireTime) or 432 (ExpireDate) depending on FIXVersion

Is there anyone know the TIF values for Good Till Month and Good Till
Week orders?

Thanks,

Jue Wang

4

These are no standard values, you need to calculate the corresponding date. Should be easy for the end of a month and doable for the end of a week as well. Note that the end of the week has different definitions around the world. The week might start on a Sunday. Also, trading weeks might be shorter than calendar weeks (e.g. 5 instead of 7 days). Using an explicit date removes these ambiguities.

Is there anyone know the TIF values for Good Till Month and Good Till
Week orders?

Thanks,

Jue Wang