Queue Order

Modified on 2016/05/13 12:33 by ernestoaparcedo — Categorized as: Uncategorized

A Queue Order submits an order to the T4 FIX API server for queueing (i.e. risk assessed, suspended and waiting for a request to activate). A Queue Order (Tag 10102=6) is queued with the New Order Single (Tag 35=D) message with an Activation Value of 0 (Tag 10103=0). Subsequently, a Queued Order is activated (to submit to the exchange) with the Cancel Replace Request (Tag 35=G) message with an Activation Value of -1 (Tag 10103=-1).

Following are the most relevant tags to build a Queue order.

Tag 10102=6	ActivationType	Specifier of Queue Order Type
Tag 10103	Activation Value	Set to zero to queue the order within T4 FIX API Servers. Set to -1 (on a Cancel Replace) to Activate the order for exchange execution.
Tag 48	SecurityID	Market for which the order is sent
Tag 55	Symbol	Contract for which the order is sent
Tag 207	SecurityExchange	Exchange for which the order is sent
Tag 167	SecurityType	Security Type (e.g. Futures) of this specific market

Sample

In this example, the order is queued by entering ActivationType (Tag 10102) equal to 6 with an ActivationValue (Tag 10103) of 0. The Queued Order is activated (to send to the exchange) with a Cancel Replace message carrying an activation value of -1.

Queue Order

>> 2/25/2013 2:42:34 PM   [FIXNEWORDER] 34=10|49=T4Example|56=T450=TraderName|52=20130225-20:42:34.536|1=Account1|11=fn-634974001545361685|48=CME_20130300_ESH3|55=ES|207=CME_Eq|54=1|38=1|40=2|44=148000|59=0|167=FUT|21=1|60=20130225-20:42:34.536|204=0|10102=6|10103=0|
[FIXNEWORDER]
[MsgSeqNum] 34 = 10
[SenderCompID] 49 = T4Example
[TargetCompID] 56 = T4
[SenderSubID] 50 = TraderName
[SendingTime] 52 = 20130225-20:42:34.536
[Account] 1 = Account1
[ClOrdID] 11 = fn-634974001545361685
[SecurityID] 48 = CME_20130300_ESH3
[Symbol] 55 = ES
[SecurityExchange] 207 = CME_Eq
[Side] 54 = 1 (BUY)
[OrderQty] 38 = 1
[OrdType] 40 = 2 (LIMIT)
[Price] 44 = 148000
[TimeInForce] 59 = 0 (DAY)
[SecurityType] 167 = FUT (FUTURE)
[HandlInst] 21 = 1 (AUTOMATED_EXECUTION_ORDER_PRIVATE_NO_BROKER_INTERVENTION)
[TransactTime] 60 = 20130225-20:42:34.536
[CustomerOrFirm] 204 = 0 (CUSTOMER)
[ActivationType] 10102 = 6 (QUEUE)
[ActivationValue] 10103 = 0

Queued Order Response - Awaiting Activation

<< 2/25/2013 2:42:34 PM  [fixexecutionreport] 34=118|49=T4|56=T4Example|50=T4FIX|52=20130225-20:42:34.551|143=US,IL|1=Account1|11=fn-634974001545361685|17=0.634974001570618750.2.4.18A27A0F|150=9|37=18A27A0F-5739-4784-A4FE-A64B5CC83B5B|39=9|48=CME_20130300_ESH3|55=ES|207=CME_Eq|200=201303|59=0|107=E-mini S&P 500 Mar13|54=1|167=FUT|38=1|40=2|44=148000|58=Activation Pending: SubmissionRiskSuccess. Order Held|60=20130225-20:42:37.046|21=1|204=0|10102=6|10103=0|
[FIXEXECUTIONREPORT]
[MsgSeqNum] 34 = 118
[SenderCompID] 49 = T4
[TargetCompID] 56 = T4Example
[SenderSubID] 50 = T4FIX
[SendingTime] 52 = 20130225-20:42:34.551
[TargetLocationID] 143 = US,IL
[Account] 1 = Account1
[ClOrdID] 11 = fn-634974001545361685
[ExecID] 17 = 0.634974001570618750.2.4.18A27A0F
[ExecType] 150 = 9 (SUSPENDED)
[OrderID] 37 = 18A27A0F-5739-4784-A4FE-A64B5CC83B5B
[OrdStatus] 39 = 9 (SUSPENDED)
[SecurityID] 48 = CME_20130300_ESH3
[Symbol] 55 = ES
[SecurityExchange] 207 = CME_Eq
[MaturityMonthYear] 200 = 201303
[TimeInForce] 59 = 0 (DAY)
[SecurityDesc] 107 = E-mini S&P 500 Mar13
[Side] 54 = 1 (BUY)
[SecurityType] 167 = FUT (FUTURE)
[OrderQty] 38 = 1
[OrdType] 40 = 2 (LIMIT)
[Price] 44 = 148000
[Text] 58 = Activation Pending: SubmissionRiskSuccess. Order Held
[TransactTime] 60 = 20130225-20:42:37.046
[HandlInst] 21 = 1 (AUTOMATED_EXECUTION_ORDER_PRIVATE_NO_BROKER_INTERVENTION)
[CustomerOrFirm] 204 = 0 (CUSTOMER)
[ActivationType] 10102 = 6 (QUEUE)
[ActivationValue] 10103 = 0

Queued Order - Requesting Activation

>> 2/25/2013 2:43:15 PM   [FIXCANCELREPLACE] 34=11|49=T4Example|56=T4|50=TraderName|52=20130225-20:43:15.972|1=Account1|11=fr-634974001959726398-0|41=fn-634974001545361685|37=18A27A0F-5739-4784-A4FE-A64B5CC83B5B|48=CME_20130300_ESH3|55=ES|207=CME_Eq|54=1|38=1|40=2|44=148000|59=0|167=FUT|21=1|60=20130225-20:43:15.972|204=0|10103=-1|
[FIXCANCELREPLACE]
[MsgSeqNum] 34 = 11
[SenderCompID] 49 = T4Example
[TargetCompID] 56 = T4
[SenderSubID] 50 = TraderName
[SendingTime] 52 = 20130225-20:43:15.972
[Account] 1 = Account1
[ClOrdID] 11 = fr-634974001959726398-0
[OrigClOrdID] 41 = fn-634974001545361685
[OrderID] 37 = 18A27A0F-5739-4784-A4FE-A64B5CC83B5B
[SecurityID] 48 = CME_20130300_ESH3
[Symbol] 55 = ES
[SecurityExchange] 207 = CME_Eq
[Side] 54 = 1 (BUY)
[OrderQty] 38 = 1
[OrdType] 40 = 2 (LIMIT)
[Price] 44 = 148000
[TimeInForce] 59 = 0 (DAY)
[SecurityType] 167 = FUT (FUTURE)
[HandlInst] 21 = 1 (AUTOMATED_EXECUTION_ORDER_PRIVATE_NO_BROKER_INTERVENTION)
[TransactTime] 60 = 20130225-20:43:15.972
[CustomerOrFirm] 204 = 0 (CUSTOMER)
[ActivationValue] 10103 = -1

Queued Order Response - Activation Pending

<< 2/25/2013 2:43:16 PM  [fixexecutionreport] 34=191|49=T4|56=T4Example|50=T4FIX|52=20130225-20:43:16.050|143=US,IL|1=Account1|11=fr-634974001959726398-0|41=fn-634974001545361685|17=0..012.4.18A27A0F|150=9|37=18A27A0F-5739-4784-A4FE-A64B5CC83B5B|39=9|48=CME_20130300_ESH3|55=ES|207=CME_Eq|200=201303|59=0|107=E-mini S&P 500 Mar13|54=1|167=FUT|38=1|40=2|44=148000|58=Activation Pending|21=1|204=0|10102=6|10103=-1|
[FIXEXECUTIONREPORT]
[MsgSeqNum] 34 = 191
[SenderCompID] 49 = T4
[TargetCompID] 56 = T4Example
[SenderSubID] 50 = T4FIX
[SendingTime] 52 = 20130225-20:43:16.050
[TargetLocationID] 143 = US,IL
[Account] 1 = Account1
[ClOrdID] 11 = fr-634974001959726398-0
[OrigClOrdID] 41 = fn-634974001545361685
[ExecID] 17 = 0..012.4.18A27A0F
[ExecType] 150 = 9 (SUSPENDED)
[OrderID] 37 = 18A27A0F-5739-4784-A4FE-A64B5CC83B5B
[OrdStatus] 39 = 9 (SUSPENDED)
[SecurityID] 48 = CME_20130300_ESH3
[Symbol] 55 = ES
[SecurityExchange] 207 = CME_Eq
[MaturityMonthYear] 200 = 201303
[TimeInForce] 59 = 0 (DAY)
[SecurityDesc] 107 = E-mini S&P 500 Mar13
[Side] 54 = 1 (BUY)
[SecurityType] 167 = FUT (FUTURE)
[OrderQty] 38 = 1
[OrdType] 40 = 2 (LIMIT)
[Price] 44 = 148000
[Text] 58 = Activation Pending
[HandlInst] 21 = 1 (AUTOMATED_EXECUTION_ORDER_PRIVATE_NO_BROKER_INTERVENTION)
[CustomerOrFirm] 204 = 0 (CUSTOMER)
[ActivationType] 10102 = 6 (QUEUE)
[ActivationValue] 10103 = -1

Queued Order - Activated Order Risk Success

<< 2/25/2013 2:43:17 PM  [fixexecutionreport] 34=193|49=T4|56=T4Example|50=T4FIX|52=20130225-20:43:17.064|143=US,IL|1=Account1|11=fr-634974001959726398-0|41=fn-634974001545361685|17=0.634974001995618750.2.4.18A27A0F|150=9|37=18A27A0F-5739-4784-A4FE-A64B5CC83B5B|39=9|48=CME_20130300_ESH3|55=ES|207=CME_Eq|200=201303|59=0|107=E-mini S&P 500 Mar13|54=1|167=FUT|38=1|40=2|44=148000|58=Activation Trigger: SubmissionRiskSuccess. Order Held|60=20130225-20:42:37.046|21=1|204=0|
[FIXEXECUTIONREPORT]
[MsgSeqNum] 34 = 193
[SenderCompID] 49 = T4
[TargetCompID] 56 = T4Example
[SenderSubID] 50 = T4FIX
[SendingTime] 52 = 20130225-20:43:17.064
[TargetLocationID] 143 = US,IL
[Account] 1 = Account1
[ClOrdID] 11 = fr-634974001959726398-0
[OrigClOrdID] 41 = fn-634974001545361685
[ExecID] 17 = 0.634974001995618750.2.4.18A27A0F
[ExecType] 150 = 9 (SUSPENDED)
[OrderID] 37 = 18A27A0F-5739-4784-A4FE-A64B5CC83B5B
[OrdStatus] 39 = 9 (SUSPENDED)
[SecurityID] 48 = CME_20130300_ESH3
[Symbol] 55 = ES
[SecurityExchange] 207 = CME_Eq
[MaturityMonthYear] 200 = 201303
[TimeInForce] 59 = 0 (DAY)
[SecurityDesc] 107 = E-mini S&P 500 Mar13
[Side] 54 = 1 (BUY)
[SecurityType] 167 = FUT (FUTURE)
[OrderQty] 38 = 1
[OrdType] 40 = 2 (LIMIT)
[Price] 44 = 148000
[Text] 58 = Activation Trigger: SubmissionRiskSuccess. Order Held
[TransactTime] 60 = 20130225-20:42:37.046
[HandlInst] 21 = 1 (AUTOMATED_EXECUTION_ORDER_PRIVATE_NO_BROKER_INTERVENTION)
[CustomerOrFirm] 204 = 0 (CUSTOMER)

Queued Order - Activation Trigger (to exchange)

<< 2/25/2013 2:43:17 PM  [fixexecutionreport] 34=194|49=T4|56=T4Example|50=T4FIX|52=20130225-20:43:17.173|143=US,IL|1=Account1|11=fr-634974001959726398-0|41=fn-634974001545361685|17=47991..04.4.18A27A0F|150=9|37=18A27A0F-5739-4784-A4FE-A64B5CC83B5B|39=9|48=CME_20130300_ESH3|55=ES|207=CME_Eq|200=201303|59=0|107=E-mini S&P 500 Mar13|54=1|167=FUT|38=1|40=2|44=148000|58=Activation Trigger|21=1|204=0|
[FIXEXECUTIONREPORT]
[MsgSeqNum] 34 = 194
[SenderCompID] 49 = T4
[TargetCompID] 56 = T4Example
[SenderSubID] 50 = T4FIX
[SendingTime] 52 = 20130225-20:43:17.173
[TargetLocationID] 143 = US,IL
[Account] 1 = Account1
[ClOrdID] 11 = fr-634974001959726398-0
[OrigClOrdID] 41 = fn-634974001545361685
[ExecID] 17 = 47991..04.4.18A27A0F
[ExecType] 150 = 9 (SUSPENDED)
[OrderID] 37 = 18A27A0F-5739-4784-A4FE-A64B5CC83B5B
[OrdStatus] 39 = 9 (SUSPENDED)
[SecurityID] 48 = CME_20130300_ESH3
[Symbol] 55 = ES
[SecurityExchange] 207 = CME_Eq
[MaturityMonthYear] 200 = 201303
[TimeInForce] 59 = 0 (DAY)
[SecurityDesc] 107 = E-mini S&P 500 Mar13
[Side] 54 = 1 (BUY)
[SecurityType] 167 = FUT (FUTURE)
[OrderQty] 38 = 1
[OrdType] 40 = 2 (LIMIT)
[Price] 44 = 148000
[Text] 58 = Activation Trigger
[HandlInst] 21 = 1 (AUTOMATED_EXECUTION_ORDER_PRIVATE_NO_BROKER_INTERVENTION)
[CustomerOrFirm] 204 = 0 (CUSTOMER)

Queued Order Response - Order is Working

<< 2/25/2013 2:43:17 PM  [fixexecutionreport] 34=195|49=T4|56=T4Example|50=T4FIX|52=20130225-20:43:17.251|143=US,IL|1=Account1|11=fr-634974001959726398-0|41=fn-634974001545361685|17=47991.6420174176_ESH3.6349740019981800006.1.18A27A0F|150=0|37=18A27A0F-5739-4784-A4FE-A64B5CC83B5B|39=0|48=CME_20130300_ESH3|55=ES|207=CME_Eq|200=201303|59=0|107=E-mini S&P 500 Mar13|54=1|167=FUT|38=1|40=2|44=148000|60=20130225-20:43:19.818|21=1|204=0|
[FIXEXECUTIONREPORT]
[MsgSeqNum] 34 = 195
[SenderCompID] 49 = T4
[TargetCompID] 56 = T4Example
[SenderSubID] 50 = T4FIX
[SendingTime] 52 = 20130225-20:43:17.251
[TargetLocationID] 143 = US,IL
[Account] 1 = Account1
[ClOrdID] 11 = fr-634974001959726398-0
[OrigClOrdID] 41 = fn-634974001545361685
[ExecID] 17 = 47991.6420174176_ESH3.6349740019981800006.1.18A27A0F
[ExecType] 150 = 0 (NEW)
[OrderID] 37 = 18A27A0F-5739-4784-A4FE-A64B5CC83B5B
[OrdStatus] 39 = 0 (NEW)
[SecurityID] 48 = CME_20130300_ESH3
[Symbol] 55 = ES
[SecurityExchange] 207 = CME_Eq
[MaturityMonthYear] 200 = 201303
[TimeInForce] 59 = 0 (DAY)
[SecurityDesc] 107 = E-mini S&P 500 Mar13
[Side] 54 = 1 (BUY)
[SecurityType] 167 = FUT (FUTURE)
[OrderQty] 38 = 1
[OrdType] 40 = 2 (LIMIT)
[Price] 44 = 148000
[TransactTime] 60 = 20130225-20:43:19.818
[HandlInst] 21 = 1 (AUTOMATED_EXECUTION_ORDER_PRIVATE_NO_BROKER_INTERVENTION)
[CustomerOrFirm] 204 = 0 (CUSTOMER)

Further details on the tags used for this order type are described in the dictionary of the New Order Single and Cancel Replace Request messages.