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 | ||||
| <QuotQualGrp> | N | ||||||
| <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) . | |||||
| <UndInstrmtGrp> | N | Number of underlyings. | |||||
| 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) | |||
| <LegQuotGrp> | N | Required for multileg quote response. | |||||
| 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 | ||||||
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