<Standard Message Header>

Each administrative or application message, is preceded by a standard header. The header identifies the message type, length, destination, sequence number, origination point and time

Two fields helps with resending messages. The PossDupFlag (43) is set to Y when resending a message as the result of a session level event (i.e. the retransmission of a message reusing a sequence number). The PossResend (97) is set to Y when reissuing a message with a new sequence number (e.g. resending an order). The receiving application should process these messages as follows:

The following table provides examples regarding the use of SenderCompID (49) , TargetCompID (56) , DeliverToCompID (128) , and OnBehalfOfCompID (115) when using a single point-to-point FIX session between two firms. Assumption (A=sellside, B =buyside):

SenderCompID (49) OnBehalfOfCompID (115) TargetCompID (56) DeliverToCompID (128)
A to B directly A B
B to A directly B A

The following table provides examples regarding the use of SenderCompID (49) , TargetCompID (56) , DeliverToCompID (128) , and OnBehalfOfCompID (115) when using a single FIX session to represent multiple firms. Assumption (A=sellside, B and C=buyside, Q=third party):

SenderCompID (49) OnBehalfOfCompID (115) TargetCompID (56) DeliverToCompID (128)
Send from A to B via Q
1) A sends to Q A Q B
2) Q sends to B Q A B
B responds to A via Q
1) B sends to Q B Q A
2) Q sends to A Q B A
Send from A to B *AND* C via Q
1) A sends to Q A Q B
2) Q sends to B Q A B
3) A sends to Q A Q C
4) Q sends to C Q A C
B *AND* C send to A via Q
1) B sends to Q B Q A
2) Q sends to A Q B A
3) C sends to Q C Q A
4) Q sends to A Q C A

Used in all messages

Tag Field Name FIXML Req'd Comments
8 BeginString Y FIX.4.1 (Always unencrypted, must be first field in message)
9 BodyLength Y (Always unencrypted, must be second field in message)
35 MsgType ApplicationMessage Y (Always unencrypted, must be third field in message)
49 SenderCompID CompID Y (Always unencrypted)
56 TargetCompID CompID Y (Always unencrypted)
115 OnBehalfOfCompID CompID N Trading partner company ID used when sending messages via a third party (Can be embedded within encrypted data section.)
128 DeliverToCompID CompID N Trading partner company ID used when sending messages via a third party (Can be embedded within encrypted data section.)
90 SecureDataLen C Required to identify length of encrypted section of message. (Always unencrypted)
91 SecureData C Required when message body is encrypted. Always immediately follows SecureDataLen (90) field.
34 MsgSeqNum Y (Can be embedded within encrypted data section.)
50 SenderSubID SubID N (Can be embedded within encrypted data section.)
142 SenderLocationID LocationID N Trading partner LocationID (i.e. geographic location and/or desk) (Can be embedded within encrypted data section.)
57 TargetSubID SubID N 'ADMIN' reserved for administrative messages not intended for a specific user. (Can be embedded within encrypted data section.)
143 TargetLocationID LocationID N Trading partner LocationID (i.e. geographic location and/or desk) (Can be embedded within encrypted data section.)
116 OnBehalfOfSubID SubID N Trading partner SubID used when delivering messages via a third party. (Can be embedded within encrypted data section.)
144 OnBehalfOfLocationID LocationID N Trading partner LocationID (i.e. geographic location and/or desk) used when delivering messages via a third party. (Can be embedded within encrypted data section.)
129 DeliverToSubID SubID N Trading partner SubID used when delivering messages via a third party. (Can be embedded within encrypted data section.)
145 DeliverToLocationID LocationID N Trading partner LocationID (i.e. geographic location and/or desk) used when delivering messages via a third party. (Can be embedded within encrypted data section.)
43 PossDupFlag PossDupFlag N Always required for retransmitted messages, whether prompted by the sending system or as the result of a resend request. (Can be embedded within encrypted data section.)
97 PossResend PossResend N Required when message may be duplicate of another message sent under a different sequence number. (Can be embedded within encrypted data section.)
52 SendingTime SendingTime Y (Can be embedded within encrypted data section.)
122 OrigSendingTime N Required for message resends. If data is not available set to same value as SendingTime (52) (Can be embedded within encrypted data section.)