The Quote (S) message is used as the response to a Quote Request (R) message and can be used to publish unsolicited quotes.
Quotes supplied as the result of a Quote Request (R) message are tagged with the appropriate QuoteReqID (131) , unsolicited quotes can be identified by the absence of a QuoteReqID (131) .
If the message is used for foreign exchange, conventions for identifying the forex transaction are as follows:
Orders can be generated based on Quotes. Quoted orders include the QuoteID (117) and are OrdType (40) =Previously Quoted or Forex - Previously Quoted.
| Tag | Field Name | FIXML | Req'd | Comments | |||
|---|---|---|---|---|---|---|---|
| <Standard Message Header> | Y | MsgType = S | |||||
| 131 | QuoteReqID | QuoteReqID | N | Required when quote is in response to a Quote Request (R) message | |||
| 117 | QuoteID | QuoteID | Y | ||||
| 301 | QuoteResponseLevel | QuoteResponseLevel | N | Level of Response requested from receiver of quote (S) messages. | |||
| 336 | TradingSessionID | TrdSesID | N | ||||
| 55 | Symbol | Symbol | Y | ||||
| 65 | SymbolSfx | SymbolSfx | N | ||||
| 48 | SecurityID | SecurityID | N | ||||
| 22 | IDSource | IDSource | N | ||||
| 167 | SecurityType | SecurityType | N | Must be specified if a Future or Option. If a Future: Symbol (55) , SecurityType (167) , and MaturityMonthYear (200) are required. If an Option: Symbol (55) , SecurityType (167) , MaturityMonthYear (200) , PutOrCall (201) , and StrikePrice (202) are required. | |||
| 200 | MaturityMonthYear | MonthYear | C | Specifies the month and year of maturity. Required if MaturityDay (205) is specified. | |||
| 205 | MaturityDay | Day | N | Can be used in conjunction with MaturityMonthYear (200) to specify a particular maturity date. | |||
| 201 | PutOrCall | PutCall | C | For Options. | |||
| 202 | StrikePrice | StrikePx | C | For Options. | |||
| 206 | OptAttribute | OptAttribute | N | For Options. | |||
| 231 | ContractMultiplier | ContractMultiplier | N | For Fixed Income, Convertible Bonds, Derivatives, etc. Note: If used, quantities should be expressed in the "nominal" (e.g. contracts vs. shares) amount. | |||
| 223 | CouponRate | CouponRate | N | For Fixed Income. | |||
| 207 | SecurityExchange | SecurityExch | N | Can be used to identify the security. | |||
| 106 | Issuer | Issuer | N | ||||
| 348 | EncodedIssuerLen | EncodedIssuerLen | C | Must be set if EncodedIssuer (349) field is specified and must immediately precede it. | |||
| 349 | EncodedIssuer | EncodedIssuer | C | Encoded (non-ASCII characters) representation of the Issuer (106) field in the encoded format specified via the MessageEncoding (347) field. | |||
| 107 | SecurityDesc | SecurityDesc | N | ||||
| 350 | EncodedSecurityDescLen | EncodedSecDescLen | C | Must be set if EncodedSecurityDesc (351) field is specified and must immediately precede it. | |||
| 351 | EncodedSecurityDesc | EncodedSecDesc | C | Encoded (non-ASCII characters) representation of the SecurityDesc (107) field in the encoded format specified via the MessageEncoding (347) field. | |||
| 132 | BidPx | BidPx | C | If F/X quote, should be the "all-in" rate (spot rate adjusted for forward points). Note that either BidPx (132) , OfferPx (133) or both must be specified. | |||
| 133 | OfferPx | OfferPx | C | If F/X quote, should be the "all-in" rate (spot rate adjusted for forward points). Note that either BidPx (132) , OfferPx (133) or both must be specified. | |||
| 134 | BidSize | BidSize | N | ||||
| 135 | OfferSize | OfferSize | N | ||||
| 62 | ValidUntilTime | ValidUntilTime | N | ||||
| 188 | BidSpotRate | BidSpotRate | N | May be applicable for F/X quotes | |||
| 190 | OfferSpotRate | OfferSpotRate | N | May be applicable for F/X quotes | |||
| 189 | BidForwardPoints | BidForwardPoints | N | May be applicable for F/X quotes | |||
| 191 | OfferForwardPoints | OfferForwardPoints | N | May be applicable for F/X quotes | |||
| 60 | TransactTime | TransactTime | N | ||||
| 64 | FutSettDate | FutSettDate | N | Can be used with forex quotes to specify a specific "value date" | |||
| 40 | OrdType | OrderType | N | Can be used to specify the type of order the quote is for | |||
| 193 | FutSettDate2 | FutSettDate2 | N | Can be used with OrdType (40) = "Forex - Swap" to specify the "value date" for the future portion of a F/X swap. | |||
| 192 | OrderQty2 | OrderQty2 | N | Can be used with OrdType (40) = "Forex - Swap" to specify the order quantity for the future portion of a F/X swap. | |||
| 15 | Currency | Currency | N | Can be used to specify the currency of the quoted price. | |||
| <Standard Message Trailer> | Y | ||||||
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