[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 
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Thanks for catching that error, I was apparently somewhere else with my 
thoughts when writing the post...

And yes, MaxFloor and MaxShow can be used for simple reserve orders already in 
4.2. The reason I did not mention it is that both fields have been deprecated 
in FIX 5.0. I would not recommend to introduce new functionality based on 
fields known to have been deprecated. This makes a later transition to higher 
versions of FIX harder. If there is a choice I would always try to go for the 
current representation even within an older version of FIX.

MaxFloor was replaced by DisplayQty (1138) and is the main field for reserve 
orders. MaxShow was replaced by SecondaryDisplayQty (1082) and allows to 
specify a second quantity to be applied to the visibility of an order on a 
market other than the primary market.

Regards,
Hanno.

> Block name is "DisplayInstruction" :)
> 
> > As far as I know Iceberg orders can be represented in FIX 4.2 using
> > tags MaxFloor(111) and MaxShow(210) - please see Appendix E, "Reserve
> > Quantity" Orders of FIX 4.2 specification.
> >
> > From FIX 5.0 this can be done more flexibly (i.e. more parameters can
> > be specified, not only quantity to show) using block
> > <DisplayInstruction>.
> >
> >
> > > 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


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