Indication of interest (6) messages are used to market merchandise which the broker is buying or selling in either a proprietary or agency capacity. The indications can be time bound with a specific expiration value. Indications are distributed with the understanding that other firms may react to the message first and that the merchandise may no longer be available due to prior trade.
Indication (6) messages can be transmitted in various transaction types; NEW, CANCEL, and REPLACE. All message types other than NEW modify the state of the message identified in IOIRefID (26) .
| Tag | Field Name | FIXML | Req'd | Comments | |||
|---|---|---|---|---|---|---|---|
| <Standard Message Header> | Y | MsgType = 6 | |||||
| 23 | IOIid | @IOIID | Y | ||||
| 28 | IOITransType | @TransTyp | Y | ||||
| 26 | IOIRefID | @RefID | C | Required for Cancel and Replace IOITransType messages | |||
| <Instrument> | Y | ||||||
| <Financing Details> | N | ||||||
| 711 | NoUnderlyings | Undly | N | Number of underlyings | |||
| => | <Underlying Instrument> | C | Must be provided if Number of underlyings > 0 | ||||
| 54 | Side | @Side | Y | Side of Indication. Valid values: 1 = Buy, 2 = Sell, 7 = Undisclosed (for IOIs), B = As Defined (for multilegs), C = Opposite (for multilegs) | |||
| 854 | QtyType | @QtyTyp | N | ||||
| <Order Qty Data> | N | The value zero is used if NoLegs (555) repeating group is used. Applicable if needed to express CashOrderQty (152) | |||||
| 27 | IOIQty | @Qty | Y | The value zero is used if NoLegs (555) repeating group is used | |||
| 15 | Currency | @Ccy | N | ||||
| <Stipulations> | N | ||||||
| 555 | NoLegs | IOI | N | Required for multileg IOIs. | |||
| => | <Instrument Leg> | C | Required for multileg IOIs. For Swaps one leg is Buy and other leg is Sell. | ||||
| => | 682 | LegIOIQty | @IOIQty | C | Required for multileg IOIs and for each leg. | ||
| => | <Leg Stipulations> | N | |||||
| 423 | PriceType | @PxTyp | N | ||||
| 44 | Price | @Px | N | ||||
| 62 | ValidUntilTime | @ValidUntilTm | N | ||||
| 25 | IOIQltyInd | @QltyInd | N | ||||
| 130 | IOINaturalFlag | @NatFlag | N | ||||
| 199 | NoIOIQualifiers | Qual | C | Required if any IOIQualifiers are specified. Indicates the number of repeating IOIQualifiers. | |||
| => | 104 | IOIQualifier | @Qual | C | Required if NoIOIQualifiers (199) > 0 | ||
| 58 | Text | @Txt | N | ||||
| 354 | EncodedTextLen | @EncTxtLen | C | Must be set if EncodedText (355) field is specified and must immediately precede it. | |||
| 355 | EncodedText | @EncTxt | C | Encoded (non-ASCII characters) representation of the Text (58) field in the encoded format specified via the MessageEncoding (347) field. | |||
| 60 | TransactTime | @TxnTm | N | ||||
| 149 | URLLink | @URL | N | A URL (Uniform Resource Locator) link to additional information (i.e. http://en.wikipedia.org/wiki/Uniform_Resource_Locator) | |||
| 215 | NoRoutingIDs | Rtg | C | Required if any RoutingType (216) and RoutingIDs are specified. Indicates the number within repeating group. | |||
| => | 216 | RoutingType | @RtgTyp | C | Indicates type of RoutingID. Required if NoRoutingIDs (215) is > 0. | ||
| => | 217 | RoutingID | @RtgID | C | Identifies routing destination. Required if NoRoutingIDs (215) is > 0. | ||
| <Spread or Benchmark Curve Data> | N | ||||||
| <Yield Data> | N | ||||||
| <Standard Message Trailer> | Y | ||||||
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