FIX.Latest_EP272 Message

BidRequest [type 'k']

<BidReq>

The BidRequest Message can be used in one of two ways depending on which market conventions are being followed.

In the Non disclosed convention (e.g. US/European model) the BidRequest message can be used to request a bid based on the sector, country, index and liquidity information contained within the message itself. In the Non disclosed convention the entry repeating group is used to define liquidity of the program. See Program/Basket/List Trading for an example.

In the Disclosed convention (e.g. Japanese model) the BidRequest message can be used to request bids based on the ListOrderDetail messages sent in advance of BidRequest message. In the Disclosed convention the list repeating group is used to define which ListOrderDetail messages a bid is being sort for and the directions of the required bids.

Pedigree Added FIX.4.2

Expand Components | Collapse Components

Field or ComponentField NameAbbr NameReq'dCommentsPedigree
ComponentStandardHeaderHdrYMsgType = k (lowercase)Added FIX.4.2
390BidIDBidID Required to relate the bid responseAdded FIX.4.2
391ClientBidIDClBidIDYAdded FIX.4.2
374BidRequestTransTypeBidReqTransTypYIdentifies the Bid Request message transaction typeAdded FIX.4.2
392ListNameListName Added FIX.4.2
393TotNoRelatedSymTotNoReltdSymYAdded FIX.4.2
394BidTypeBidTypYe.g. Non Disclosed, Disclosed, No Bidding ProcessAdded FIX.4.2
395NumTicketsNumTkts Total number of tickets/allocations assuming fully executedAdded FIX.4.2
15CurrencyCcy Used to represent the currency of monetary amounts.Added FIX.4.2
396SideValue1SideValu1 Expressed in CurrencyAdded FIX.4.2
397SideValue2SideValu2 Expressed in CurrencyAdded FIX.4.2
ComponentBidDescReqGrpDescReq Used if BidType=Non DisclosedAdded FIX.4.4
ComponentBidCompReqGrpCompReq Used if BidType=DisclosedAdded FIX.4.4
409LiquidityIndTypeLqdtyIndTyp Added FIX.4.2
410WtAverageLiquidityWtAvgLqdty Overall weighted average liquidity expressed as a % of average daily volumeAdded FIX.4.2
411ExchangeForPhysicalEFP Added FIX.4.2
412OutMainCntryUIndexOutMainCntryUNdx % value of stocks outside main country in CurrencyAdded FIX.4.2
413CrossPercentCrssPct % of program that crosses in CurrencyAdded FIX.4.2
414ProgRptReqsProgRptReqs Added FIX.4.2
415ProgPeriodIntervalProgPeriodIntvl Time in minutes between each ListStatus report sent by SellSide. Zero means don't send status.Added FIX.4.2
416IncTaxIndIncTaxInd Net/GrossAdded FIX.4.2
121ForexReqForexReq Is foreign exchange requiredAdded FIX.4.2
417NumBiddersNumBidders Indicates the total number of bidders on the listAdded FIX.4.2
75TradeDateTrdDt Added FIX.4.2
418BidTradeTypeBidTrdTypYAdded FIX.4.2
419BasisPxTypeBasisPxTypYAdded FIX.4.2
443StrikeTimeStrkTm Used when BasisPxType = CAdded FIX.4.2
58TextTxt Added FIX.4.2
354EncodedTextLenEncTxtLen Must be set if EncodedText field is specified and must immediately precede it.Added FIX.4.2
355EncodedTextEncTxt Encoded (non-ASCII characters) representation of the Text field in the encoded format specified via the MessageEncoding field.Added FIX.4.2
ComponentStandardTrailerTrlrYAdded FIX.4.2