Page History: Complete Volume Order
Compare Page Revisions
Page Revision: 2013/02/25 10:20
A Complete Volume order (also known as Fill Or Kill or FOK) is submitted to the exchange and it is either filled completely or cancelled immediately.
A Complete Volume Order is entered with the
New Order Single (Tag 35=D) message. Following are the most relevant tags to build a Complete Volume Order.
| Tag 59=4 | TimeInForce | Time In Force specifier of Fill or Kill (Complete Volume) |
|---|
| Tag 48 | SecurityID | Market for which the order is sent |
|---|
| Tag 55 | Symbol | Contract for which the order is sent |
|---|
| Tag 200 | SecurityExchange | Exchange for which the order is sent |
|---|
| Tag 167 | SecurityType | Security Type (e.g. Futures) of this specific market |
|---|
SampleIn this example, a 5-lot Complete Volume order is submitted for a limit price (Tag 44) of 150950 or better. As it is a sell order, a better price indicates a price higher than 150950.
Complete Volume Order
>> 2/25/2013 10:18:16 AM [FIXNEWORDER] 34=160|49=T4Example|56=T4|50=TraderName|52=20130225-16:18:16.420|1=Account1|11=fn-634973842964204953|48=ICE_0-W.RS.201303.1|55=RS|207=ICE_W|54=1|38=10|40=2|44=62500|59=4|167=FUT|21=1|60=20130225-16:18:16.420|204=0|
[FIXNEWORDER]
[MsgSeqNum] 34 = 160
[SenderCompID] 49 = T4Example
[TargetCompID] 56 = T4
[SenderSubID] 50 = TraderName
[SendingTime] 52 = 20130225-16:18:16.420
[Account] 1 = Account1
[ClOrdID] 11 = fn-634973842964204953
[SecurityID] 48 = ICE_0-W.RS.201303.1
[Symbol] 55 = RS
[SecurityExchange] 207 = ICE_W
[Side] 54 = 1 (BUY)
[OrderQty] 38 = 10
[OrdType] 40 = 2 (LIMIT)
[Price] 44 = 62500
[TimeInForce] 59 = 4 (FILL_OR_KILL)
[SecurityType] 167 = FUT (FUTURE)
[HandlInst] 21 = 1 (AUTOMATED_EXECUTION_ORDER_PRIVATE_NO_BROKER_INTERVENTION)
[TransactTime] 60 = 20130225-16:18:16.420
[CustomerOrFirm] 204 = 0 (CUSTOMER)
Further details on the tags used for this order type are described in the dictionary of the
New Order Single message.