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FIXtags

FIX TAG 855

SecondaryTrdType

intAdded FIX.4.4

Definition

Type of trade assigned to a trade. Used in addition to TrdType(828). Must not be used when only one trade type needs to be assigned.

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Differences between the selected source snapshots, including wording and errata; not a migration guide.

FIX 5.0 SP2 FIX Latest · EP309

Definition text changed

FIX 5.0 SP2

Additional TrdType(828) assigned to a trade by trade match system.

FIX Latest · EP309

Type of trade assigned to a trade. Used in addition to TrdType(828). Must not be used when only one trade type needs to be assigned.

Values only in FIX Latest · EP309 69

  • 0Regular trade
  • 1Block trade
  • 2Exchange for physical (EFP)
  • 3Transfer
  • 4Late trade
  • 5T trade
  • 6Weighted average price trade
  • 7Bunched trade
  • 8Late bunched trade
  • 9Prior reference price trade
  • 10After hours trade
  • 11Exchange for risk (EFR)
  • 12Exchange for swap (EFS)
  • 13Exchange of futures for in market futures (EFM)
    Additional source detail

    For example full sized for mini.

  • 14Exchange of options for options (EOO)
  • 15Trading at settlement
  • 16All or none
  • 17Futures large order execution
  • 18Exchange of futures for external market futures (EFF)
  • 19Option interim trade
  • 20Option cabinet trade
  • 22Privately negotiated trade
  • 23Substitution of futures for forwards
  • 48Non-standard settlement
  • 49Derivative related transaction
  • 50Portfolio trade
    Additional source detail

    Identifies a collection/basket of trades. In the context of bonds (e.g. corporate bonds) these are transacted as a single trade at an aggregate price for the entire portfolio and may be traded all-or-none or most-or-none depending on bilateral agreement.

    In the context of ESMA RTS 1 Article 2(b), may be used to refer to portfolio trades to distinguish between addressable and non-addressable volume.

    In the context of Market Model Typology (MMT), use of this value applies to SecondaryTrdType(855) or TertiaryTrdType(2896), and when used for MMT market data publication requires MDEntryType(269) = 2 (Trade).

  • 51Volume weighted average trade
  • 52Exchange granted trade
  • 53Repurchase agreement
  • 54OTC
    Additional source detail

    Trade executed off-market. In the context of CFTC regulatory reporting for swaps, it is a large notional off-facility swap. In the context of MiFID transparency reporting rules this is used to report, into an exchange, deals made outside exchange rules.

  • 55Exchange basis facility (EBF)
  • 56Opening trade
    Additional source detail

    Identifies a trade that resulted from the opening of a market. In the context of IIROC, this indicates a trade that occurred at the opening or the first trade of the day for a security.

  • 57Netted trade
  • 58Block swap trade
    Additional source detail

    Block trade executed off-market or on a registered market. In the context of CFTC regulatory reporting for swaps, it is a swap executed according to SEF or DCM rules.

  • 59Credit event trade
  • 60Succession event trade
  • 61Give-up Give-in trade
  • 62Dark trade
    Additional source detail

    In the context of Market Model Typology (MMT), a dark trade might also come from a lit/hybrid book (e.g. when an aggressive lit order hits a resting dark order). The use of this value applies to TrdType(828), and when used for MMT market data publication requires MDEntryType(269) = 2 (Trade).

  • 63Technical trade
  • 64Benchmark
    Additional source detail

    In the context of ESMA RTS 1 Article 2(a), may be used to refer to benchmark trades.

    In the context of Market Model Typology (MMT), the "benchmark" price depends on a benchmark which has no current price but was derived from a time series such as a VWAP. The use of this value applies to SecondaryTrdType(855) or TertiaryTrdType(2896), and when used for MMT market data publication requires MDEntryType(269) = 2 (Trade).

  • 65Package trade
    Additional source detail

    May be used to identify the pseudo-trade of a stream or collection of trades to be transacted, cleared and be reported as an atomic unit.

    In the context of MiFIR RTS 1, this is the "CONT" flag.

    In the context of MiFIR RTS 2 Article 1(1)(b), may be used to refer to package transactions (excluding exchange for physicals).

    In the context of Market Model Typology (MMT), use of this value applies to SecondaryTrdType(855) or TertiaryTrdType(2896), and when used for MMT market data publication requires MDEntryType(269) = 2 (Trade).

  • 66Roll trade
    Additional source detail

    Trade is a roll from one contract that is about to expire to a new contract.

  • 67Closing price trade
    Additional source detail

    Identifies a trade that uses the closing price of a market without resulting from the closing of this market. In the context of FCA policy statement PS23/4, this indicates a benchmark transaction executed using the market closing price and is the "CLSE" flag.

  • 68Inter-fund transfer trade
    Additional source detail

    Administrative trade (non price-forming) related to the transfer of ownership between funds.

  • 69Net asset value calculated trade
    Additional source detail

    Trade of a fund priced at the net asset value of its constituents. In the context of MiFIR RTS 1, this may be used for ETFs when the NAV price becomes available.

  • 24Error trade
  • 25Special cum dividend (CD)
  • 26Special ex dividend (XD)
  • 27Special cum coupon (CC)
  • 28Special ex coupon (XC)
  • 29Cash settlement (CS)
  • 30Special price (SP)
    Additional source detail

    Usually net or all-in price.

  • 31Guaranteed delivery (GD)
  • 32Special cum rights (CR)
  • 33Special ex rights (XR)
  • 34Special cum capital repayments (CP)
  • 35Special ex capital repayments (XP)
  • 36Special cum bonus (CB)
  • 37Special ex bonus (XB)
  • 38Block trade
    Additional source detail

    The same as large trade.

  • 39Worked principal trade
  • 40Block trades
  • 41Name change
  • 42Portfolio transfer
  • 43Prorogation buy
    Additional source detail

    Used by Euronext Paris only. Is used to defer settlement under French SRD (deferred settlement system). Trades must be reported as crosses at zero price.

  • 44Prorogation sell
    Additional source detail

    See prorogation buy.

  • 45Option exercise
  • 46Delta neutral transaction
  • 47Financing transaction

Values 69

ValueMeaning
0

Regular trade

1

Block trade

2

Exchange for physical (EFP)

3

Transfer

4

Late trade

5

T trade

6

Weighted average price trade

7

Bunched trade

8

Late bunched trade

9

Prior reference price trade

10

After hours trade

11

Exchange for risk (EFR)

12

Exchange for swap (EFS)

13

Exchange of futures for in market futures (EFM)

Additional detail from the official source

For example full sized for mini.

14

Exchange of options for options (EOO)

15

Trading at settlement

16

All or none

17

Futures large order execution

18

Exchange of futures for external market futures (EFF)

19

Option interim trade

20

Option cabinet trade

22

Privately negotiated trade

23

Substitution of futures for forwards

48

Non-standard settlement

49

Derivative related transaction

50

Portfolio trade

Additional detail from the official source

Identifies a collection/basket of trades. In the context of bonds (e.g. corporate bonds) these are transacted as a single trade at an aggregate price for the entire portfolio and may be traded all-or-none or most-or-none depending on bilateral agreement.

In the context of ESMA RTS 1 Article 2(b), may be used to refer to portfolio trades to distinguish between addressable and non-addressable volume.

In the context of Market Model Typology (MMT), use of this value applies to SecondaryTrdType(855) or TertiaryTrdType(2896), and when used for MMT market data publication requires MDEntryType(269) = 2 (Trade).

51

Volume weighted average trade

52

Exchange granted trade

53

Repurchase agreement

54

OTC

Additional detail from the official source

Trade executed off-market. In the context of CFTC regulatory reporting for swaps, it is a large notional off-facility swap. In the context of MiFID transparency reporting rules this is used to report, into an exchange, deals made outside exchange rules.

55

Exchange basis facility (EBF)

56

Opening trade

Additional detail from the official source

Identifies a trade that resulted from the opening of a market. In the context of IIROC, this indicates a trade that occurred at the opening or the first trade of the day for a security.

57

Netted trade

58

Block swap trade

Additional detail from the official source

Block trade executed off-market or on a registered market. In the context of CFTC regulatory reporting for swaps, it is a swap executed according to SEF or DCM rules.

59

Credit event trade

60

Succession event trade

61

Give-up Give-in trade

62

Dark trade

Additional detail from the official source

In the context of Market Model Typology (MMT), a dark trade might also come from a lit/hybrid book (e.g. when an aggressive lit order hits a resting dark order). The use of this value applies to TrdType(828), and when used for MMT market data publication requires MDEntryType(269) = 2 (Trade).

63

Technical trade

64

Benchmark

Additional detail from the official source

In the context of ESMA RTS 1 Article 2(a), may be used to refer to benchmark trades.

In the context of Market Model Typology (MMT), the "benchmark" price depends on a benchmark which has no current price but was derived from a time series such as a VWAP. The use of this value applies to SecondaryTrdType(855) or TertiaryTrdType(2896), and when used for MMT market data publication requires MDEntryType(269) = 2 (Trade).

65

Package trade

Additional detail from the official source

May be used to identify the pseudo-trade of a stream or collection of trades to be transacted, cleared and be reported as an atomic unit.

In the context of MiFIR RTS 1, this is the "CONT" flag.

In the context of MiFIR RTS 2 Article 1(1)(b), may be used to refer to package transactions (excluding exchange for physicals).

In the context of Market Model Typology (MMT), use of this value applies to SecondaryTrdType(855) or TertiaryTrdType(2896), and when used for MMT market data publication requires MDEntryType(269) = 2 (Trade).

66

Roll trade

Additional detail from the official source

Trade is a roll from one contract that is about to expire to a new contract.

67

Closing price trade

Additional detail from the official source

Identifies a trade that uses the closing price of a market without resulting from the closing of this market. In the context of FCA policy statement PS23/4, this indicates a benchmark transaction executed using the market closing price and is the "CLSE" flag.

68

Inter-fund transfer trade

Additional detail from the official source

Administrative trade (non price-forming) related to the transfer of ownership between funds.

69

Net asset value calculated trade

Additional detail from the official source

Trade of a fund priced at the net asset value of its constituents. In the context of MiFIR RTS 1, this may be used for ETFs when the NAV price becomes available.

24

Error trade

25

Special cum dividend (CD)

26

Special ex dividend (XD)

27

Special cum coupon (CC)

28

Special ex coupon (XC)

29

Cash settlement (CS)

30

Special price (SP)

Additional detail from the official source

Usually net or all-in price.

31

Guaranteed delivery (GD)

32

Special cum rights (CR)

33

Special ex rights (XR)

34

Special cum capital repayments (CP)

35

Special ex capital repayments (XP)

36

Special cum bonus (CB)

37

Special ex bonus (XB)

38

Block trade

Additional detail from the official source

The same as large trade.

39

Worked principal trade

40

Block trades

41

Name change

42

Portfolio transfer

43

Prorogation buy

Additional detail from the official source

Used by Euronext Paris only. Is used to defer settlement under French SRD (deferred settlement system). Trades must be reported as crosses at zero price.

44

Prorogation sell

Additional detail from the official source

See prorogation buy.

45

Option exercise

46

Delta neutral transaction

47

Financing transaction

About the int data type

Sequence of digits without commas or decimals and optional sign character (ASCII characters "-" and "0" - "9" ). The sign character utilizes one byte (i.e. positive int is "99999" while negative int is "-99999"). Note that int values may contain leading zeros (e.g. "00023" = "23").

Used in messages 10

Includes nested components and repeating groups. Open a location to see its surrounding requirements.