[This message was posted by Hanno Klein of Deutsche Börse Systems <[EMAIL PROTECTED]> to the "General Q/A" discussion forum at http://fixprotocol.org/discuss/22. You can reply to it on-line at http://fixprotocol.org/discuss/read/d966efed - PLEASE DO NOT REPLY BY MAIL.]
Iceberg orders are called reserve orders in FIX and were introduced with FIX 5.0 by means of the component <TriggeringInstruction>. It is not an order type per se in FIX but the existence of the trigger fields defines certain requested behaviour. FIX 4.2 does not support it. You can use custom fields modeled after what is available with FIX 5.0 if you are unable to move your counterparty to move to FIX 5.0. After all, FIX 4.2 is now more than eight years old... What is the functionality you need to cover with "At best"? FIX 4.4 offers the value Z="Cancel if not best" for the field ExecInst (18). FIX 5.0 offers the value k="Best Execution" for the same field. Maybe one of these values works for you. ExecInst should be the right field for this. Regards, Hanno. > How can I identify an 'Iceberg' (Hidden) order and an 'At Best' order > into a FIX message (version 4.2)? What tags and values must be used? > > Thanks in advance [You can unsubscribe from this discussion group by sending a message to mailto:[EMAIL PROTECTED] --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Financial Information eXchange" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/FIX-Protocol?hl=en -~----------~----~----~----~------~----~------~--~---
