TagField NameXML NameData TypeUnion DatatypeDescriptionAddedDepr.Enums from tag
63SettlType @SettlTypStringTenor

Indicates order settlement period. If present, SettlDate (64) overrides this field. If both SettlType (63) and SettDate (64) are omitted, the default for SettlType (63) is 0 (Regular)

Regular is defined as the default settlement period for the particular security on the exchange of execution.

In Fixed Income the contents of this field may influence the instrument definition if the SecurityID (48) is ambiguous. In the US an active Treasury offering may be re-opened, and for a time one CUSIP will apply to both the current and "when-issued" securities. Supplying a value of "7" clarifies the instrument description; any other value or the absence of this field should cause the respondent to default to the active issue.

Additionally the following patterns may be uses as well as enum values

Dx = FX tenor expression for "days", e.g. "D5", where "x" is any integer > 0

Mx = FX tenor expression for "months", e.g. "M3", where "x" is any integer > 0

Wx = FX tenor expression for "weeks", e.g. "W13", where "x" is any integer > 0

Yx = FX tenor expression for "years", e.g. "Y1", where "x" is any integer > 0

Noted that for FX the tenors expressed using Dx, Mx, Wx, and Yx values do not denote business days, but calendar days.



0=

Regular / FX Spot settlement (T+1 or T+2 depending on currency)

Added  FIX.2.7[Regular]
1=

Cash (TOD / T+0)

Added  FIX.2.7[Cash]
2=

Next Day (TOM / T+1)

Added  FIX.2.7[NextDay]
3=

T+2

Added  FIX.2.7[TPlus2]
4=

T+3

Added  FIX.2.7[TPlus3]
5=

T+4

Added  FIX.2.7[TPlus4]
6=

Future

Added  FIX.2.7[Future]
7=

When And If Issued

Added  FIX.2.7[WhenAndIfIssued]
8=

Sellers Option

Added  FIX.2.7[SellersOption]
9=

T+5

Added  FIX.3.0[TPlus5]
B=

Broken date - for FX expressing non-standard tenor, SettlDate (64) must be specified

Added  FIX.4.4  EP25[BrokenDate]
C=

FX Spot Next settlement (Spot+1, aka next day)

Added  FIX.4.4  EP21[FXSpotNextSettlement]
Added  FIX.2.7

Used in messages:
[AllocationInstruction] [AllocationInstructionAlert] [AllocationReport] [Confirmation] [CrossOrderCancelReplaceRequest] [ExecutionReport] [MultilegOrderCancelReplace] [NewOrderCross] [NewOrderMultileg] [NewOrderSingle] [OrderCancelReplaceRequest] [Quote] [QuoteResponse] [QuoteStatusReport] [TradeCaptureReport] [TradeCaptureReportAck]

Used in components:
[BidCompReqGrp] [BidCompRspGrp] [InstrmtMDReqGrp] [ListOrdGrp] [MDFullGrp] [MDIncGrp] [QuotReqGrp] [QuotReqRjctGrp] [StrmAsgnReqInstrmtGrp] [StrmAsgnRptInstrmtGrp]