RFQ Request (MsgType = AH, FIXML = RFQReq)

In tradeable and restricted tradeable quoting markets Quote Requests (R) are issued by counterparties interested in ascertaining the market for an instrument. Quote Requests (R) are then distributed by the market to liquidity providers who make markets in the instrument. The RFQ Request (AH) is used by liquidity providers to indicate to the market for which instruments they are interested in receiving Quote Requests (R) . It can be used to register interest in receiving quote requests for a single instrument or for multiple instruments

Tag Field Name FIXML Req'd Comments
<Standard Message Header> Y MsgType = AH
644 RFQReqID @RFQReqID Y
<Parties> N Insert here the set of Parties (firm identification) fields defined in COMMON COMPONENTS OF APPLICATION MESSAGES
146 NoRelatedSym RFQReq Y Number of related symbols (instruments) in Request
=> <Instrument> Y Insert here the set of "Instrument" fields defined in "Common Components of Application Messages".
=> 711 NoUnderlyings N Number of underlyings
=> => <UnderlyingInstrument> C Must be provided if Number of underlyings > 0
=> 555 NoLegs Leg N Number of legs Identifies a Multi-leg Execution if present and non-zero.
=> => <InstrumentLeg> C Must be provided if Number of legs > 0
=> 140 PrevClosePx @PrevClsPx N Useful for verifying security identification
=> 303 QuoteRequestType @ReqTyp N Indicates the type of Quote Request (R) (e.g. Manual vs. Automatic) being generated.
=> 537 QuoteType @Typ N Type of quote being requested from counterparty or market (e.g. Indicative, Firm, or Restricted Tradeable)
=> 336 TradingSessionID @SesID N
=> 625 TradingSessionSubID @SesSub N
263 SubscriptionRequestType @SubReqTyp N Used to subscribe for Quote (S) Requests that are sent into a market
1171 PrivateQuote @PrvtQt N Used to indicate whether a private negotiation is requested or if the response should be public. Only relevant in markets supporting both Private and Public quotes. If field is not provided in message, the model used must be bilaterally agreed.
<Standard Message Trailer> Y