Quote Response (MsgType = AJ, FIXML = QuotRsp)

The Quote Response (AJ) message is used to respond to a IOI message or Quote (S) message. It is also used to counter a Quote (S) or end a negotiation dialog.

For usage of this message in a negotiation or counter quote dialog in the fixed income space see Volume 7, Fixed Income.

Tag Field Name FIXML Req'd Comments
<Standard Message Header> Y MsgType = AJ
693 QuoteRespID @RspID Y Unique ID as assigned by the Initiator
117 QuoteID @QID N Required only when responding to a Quote.
1166 QuoteMsgID @QtMsgID N Optionally used when responding to a Quote.
694 QuoteRespType @RspTyp Y Type of response this Quote Response (AJ) is.
11 ClOrdID @ClOrdID C Unique ID as assigned by the Initiator. Required only when QuoteRespType (694) is 1 (Hit/Lift) or 2 (Counter quote).
528 OrderCapacity @Cpcty N
529 OrderRestrictions @Rstctions N
23 IOIID @IOIID N Required only when responding to an IOI.
537 QuoteType @Typ N (Deprecated in FIX.5.0). Default is Indicative.
1091 PreTradeAnonymity @PrTrdAnon N
735 NoQuoteQualifiers QuotQual N
=> 695 QuoteQualifier @Qual C Required if NoQuoteQualifiers (735) > 1
<Parties> N Insert here the set of "Parties" (firm identification) fields defined in "Common Components of Application Messages".
336 TradingSessionID @SesID N
625 TradingSessionSubID @SesSub N
<Instrument> Y Insert here the set of "Instrument" fields defined in "Common Components of Application Messages". For multilegs supply minimally a value for Symbol (55) .
<FinancingDetails> N Insert here the set of "FinancingDetails" fields defined in "Common Components of Application Messages". For multilegs supply minimally a value for Symbol (55) .
711 NoUnderlyings Undly N Number of underlyings
=> <UnderlyingInstrument> C Must be provided if Number of underlyings > 0
54 Side @Side N Required when countering a single instrument quote or "hit/lift" an IOI or Quote.
<OrderQtyData> N Insert here the set of "OrderQtyData" fields defined in "Common Components of Application Messages". Required when countering a single instrument quote or "hit/lift" an IOI or Quote.
110 MinQty @MinQty N
63 SettlType @SettlTyp N
64 SettlDate @SettlDt C Can be used with forex quotes to specify a specific "value date".
193 SettlDate2 @SettlDt2 N (Deprecated in FIX.5.0)Can be used with OrdType (40) = "Forex - Swap" to specify the "value date" for the future portion of a F/X swap.
192 OrderQty2 @Qty2 N (Deprecated in FIX.5.0)Can be used with OrdType (40) = "Forex - Swap" to specify the order quantity for the future portion of a F/X swap.
15 Currency @Ccy N Can be used to specify the currency of the quoted prices. May differ from the normal trading currency of the instrument being quoted
<Stipulations> N Optional
1 Account @Acct N
660 AcctIDSource @AcctIDSrc N Used to identify the source of the Account (1) code.
581 AccountType @AcctTyp N Type of account associated with the order (Origin)
555 NoLegs Quot N Required for multileg quotes
=> <InstrumentLeg> C Required for multileg quotes For Swaps one leg is Buy and other leg is Sell
=> 687 LegQty @Qty N
=> 685 LegOrderQty @OrdQty N When reporting an Execution, LegOrderQty (685) may be used on Execution Report to echo back original LegOrderQty (685) submission. This field should be used to specify OrderQty (38) at the leg level rather than LegQty (687) (deprecated).
=> 690 LegSwapType @SwapTyp N
=> 587 LegSettlType @SettlTyp N
=> 588 LegSettlDate @SettlDt C
=> <LegStipulations> N
=> <NestedParties> N
=> 686 LegPriceType @PxTyp C Code to represent type of price presented in LegBidPx (681) and LegOfferPx. Required if LegBidPx (681) or PegOfferPx is present.
=> 681 LegBidPx @BidPx N
=> 684 LegOfferPx @OfrPx N
=> <LegBenchmarkCurveData> N
=> 654 LegRefID @RefID N Initiator can optionally provide a unique identifier for the specific leg. Required for FX Swaps
=> 1067 LegBidForwardPoints @LegBidFwdPnts N
=> 1068 LegOfferForwardPoints @LegOfrFwdPnts N
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 @OfrPx 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.
645 MktBidPx @MktBidPx N Can be used by markets that require showing the current best bid and offer
646 MktOfferPx @MktOfrPx N Can be used by markets that require showing the current best bid and offer
647 MinBidSize @MinBidSz N Specifies the minimum bid size. Used for markets that use a minimum and maximum bid size.
134 BidSize @BidSz N Specifies the bid size. If MinBidSize (647) is specified, BidSize (134) is interpreted to contain the maximum bid size.
648 MinOfferSize @MinOfrSz N Specifies the minimum offer size. If MinOfferSize (648) is specified, OfferSize (135) is interpreted to contain the maximum offer size.
135 OfferSize @OfrSz N Specified the offer size. If MinOfferSize (648) is specified, OfferSize (135) is interpreted to contain the maximum offer size.
62 ValidUntilTime @ValidUntilTm C The time when the quote will expire. Required for FI when the QuoteRespType (694) is 2 (Counter quote) to indicate to the Respondent when the counter offer is valid until.
188 BidSpotRate @BidSpotRt N May be applicable for F/X quotes
190 OfferSpotRate @OfrSpotRt N May be applicable for F/X quotes
189 BidForwardPoints @BidFwdPnts N May be applicable for F/X quotes
191 OfferForwardPoints @OfrFwdPnts N May be applicable for F/X quotes
631 MidPx @MidPx N
632 BidYield @BidYld N
633 MidYield @MidYld N
634 OfferYield @OfrYld N
60 TransactTime @TxnTm N
40 OrdType @OrdTyp N Can be used to specify the type of order the quote is for.
642 BidForwardPoints2 @BidFwdPnts2 N (Deprecated in FIX.5.0)Bid F/X forward points of the future portion of a F/X swap quote added to spot rate. May be a negative value
643 OfferForwardPoints2 @OfrFwdPnts2 N (Deprecated in FIX.5.0)Offer F/X forward points of the future portion of a F/X swap quote added to spot rate. May be a negative value
656 SettlCurrBidFxRate @SettlCurrBidFxRt N Can be used when the quote is provided in a currency other than the instruments normal trading currency. Applies to all bid prices contained in this quote message
657 SettlCurrOfferFxRate @SettlCurrOfrFxRt N Can be used when the quote is provided in a currency other than the instruments normal trading currency. Applies to all offer prices contained in this quote message
156 SettlCurrFxRateCalc @SettlCurrFxRtCalc N Can be used when the quote is provided in a currency other than the instruments trading currency.
12 Commission @Comm N Can be used to show the counterparty the commission associated with the transaction.
13 CommType @CommTyp N Can be used to show the counterparty the commission associated with the transaction.
582 CustOrderCapacity @CustCpcty N For Futures Exchanges
100 ExDestination @ExDest N Used when routing quotes to multiple markets
1133 ExDestinationIDSource @ExDestIDSrc N
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.
44 Price @Px N
423 PriceType @PxTyp N
<SpreadOrBenchmarkCurveData> N Insert here the set of "SpreadOrBenchmarkCurveData" fields defined in "Common Components of Application Messages".
<YieldData> N Insert here the set of "YieldData" fields defined in "Common Components of Application Messages".
<Standard Message Trailer> Y