In tradeable and restricted tradeable quoting markets Quote (S) Requests are issued by counterparties interested in ascertaining the market for an instrument. Quote (S) Requests 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 (S) Requests. 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 | ||||
| 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 | |||
| <Standard Message Trailer> | Y | ||||||
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