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Quote Request (R) Message

On this page

Quote Request (R) message

Purpose

Used to request quotes from brokers prior to placing an order.

Note: When a FIX client sends a Market Data Request (V) for a given instrument with SubscriptionRequestType=1 to create a market data subscription, that client is automatically subscribed for RFQ messages for that instrument.

Message Direction

From TT FIX to FIX client only. FIX clients cannot submit Quote Requests (RFQs) via the TT Security Data service.

Tag Directory

Click the links below to navigate to the documentation for that tag.

QuoteRequest
TagNameTypeRequiredComments
Y

For additional information about this component group, consult the documentation.

35=R (MsgType)

8BeginStringSTRINGY

FIX protocol version

The tag indicates the beginning of a new message.

This tag must be the first tag in the message.

You must set the value to FIX.4.2 or FIX.4.4.

9BodyLengthINTY

Message length (in characters)

The value represents number of characters in the message following
this tag up to, and including, the delimiter immediately preceding Tag
10 (CheckSum). This tag must be the second field in a message.

35MsgTypeSTRINGY

Type of message contained in the message body

This tag must appear third in the list of header tags.

Possible values:
  • 0: Heartbeat
  • 1: Test Request
  • 2: Resend Request
  • 3: Reject
  • 4: Sequence Reset
  • 5: Logout
  • 8: Execution Report
  • 9: Order Cancel Reject
  • A: Logon
  • B: News
  • c: Security Definition Request
  • D: Order Single
  • d: Security Definition
  • e: Security Status Request
  • f: Security Status
  • F: Order Cancel Request
  • G: Order Cancel Replace Request
  • H: Order Status Request
  • Q: Don’t Know Trade (Inbound Drop Copy only)
  • R: Quote Request
  • V: Market Data Request
  • W: Market Data Snapshot Full Refresh
  • X: Market Data Incremental Refresh
  • Y: Market Data Request Reject
  • AD: Trade Capture Report Request
  • AE: Trade Capture Report
  • AQ: Trade Capture Report Request Ack
49SenderCompIDSTRINGY

ID of the FIX session

The value will be the same value the FIX client sends in tag 56 (TargetCompID) in its requests to TT FIX.

56TargetCompIDSTRINGY

FIX client ID, corresponding to the SenderCompID specified for the user in TT User Setup

The value is the same as sent in tag 49 (SenderCompID) in FIX client requests.

50SenderSubIDSTRINGC

Sent if TT User Setup specifies an exchange operator ID

Unique ID for the message sender

For CME, the value corresponds to the Operator ID.

142SenderLocationIDSTRINGN

Specific message originator’s location (i.e. geographic location and/or
desk, trader)

116OnBehalfOfSubIDSTRINGN

Unique Trader ID (can also be provided in Tag 50 (SenderSubID))

The value maps to the Alias field configured for a user in Setup.

129DeliverToSubIDSTRINGC

Value of Tag 116 (OnBehalfOfSubID) in the FIX client request.

34MsgSeqNumSEQNUMY

Message sequence number

43PossDupFlagBOOLEANC

Sent when TT FIX resends messages

Whether the sequence number for this message is already used

Possible values:
  • N: NO: Original transmission
  • Y: YES: Possible duplicate
97PossResendBOOLEANC

Sent when TT FIX restarts after encountering a corrupt FIX message cache, and only until it completes the initial download.

Whether the message might contain information that has been sent under another sequence number

Possible values:
  • N: NO: Original transmission
  • Y: YES: Possible resend
122OrigSendingTimeUTCTIMESTAMPC

Sent when TT FIX resends a message

Original time of message transmission, when transmitting orders as the result of a resend request

Always expressed in UTC.

52SendingTimeUTCTIMESTAMPY

Time, in UTC, the message was sent.

146NoRelatedSymNUMINGROUPY

Number of underlying instruments contained in this repeating group.

55SymbolSTRINGN

Exchange-provided product symbol for the tradable product.

107SecurityDescSTRINGN

Security description.

460ProductINTN

Product type associated with the security.

Possible values:
  • 1: Agency
  • 2: Commodity
  • 3: Corporate
  • 4: Currency
  • 5: Equity
  • 6: Government
  • 7: Index
  • 8: Loan
  • 9: Money market
  • 10: Mortgage
  • 11: Municipal
  • 12: Other
  • 13: Financing
  • 14: Energy
167SecurityTypeSTRINGN

Asset class of the instrument.

Possible values:
  • CS: common stock
  • CUR: currency
  • FOR: Spot FX
  • FUT: future
  • MLEG: multi-leg
  • NDF: Non-Deliverable Forwards
  • NONE: No security type (Not valid for 35=c, e or V)
  • OPT: option
  • SPOT: EEX spot products
  • TBOND: treasury bond
  • INDEX: index
200MaturityMonthYearMONTHYEARN

Month and year the instrument reaches maturity in the format YYYYMM.

541MaturityDateLOCALMKTDATEN

Maturity date in format YYYYMMDD.

205MaturityDayDAYOFMONTHN

Day of expiration for the instrument.

201PutOrCallINTC

Sent when Tag 167 (SecurityType) is OPT.

Whether the option represents a put or call

Possible values:
  • 0: Put
  • 1: Call
202StrikePricePRICEC

Sent when Tag 167 (SecurityType) is OPT.

Strike price for an option

206OptAttributeCHARN

Additional information about the option contract.

18211DeliveryTermCHARC

Sent when the delivery term is not monthly.

Term of delivery for the instrument.

TT FIX uses this value to identify contracts that do not have a monthly delivery term.

Note: When Tag 18211 DeliveryTerm equals any value except ‘M’, ‘Y’ or ‘Q’, then you must specify the delivery day/date in Tag 205 MaturityDay or Tag 541 MaturityDate.

Possible values:
  • A: Same day
  • B: Balance of month
  • C: End of Month
  • D: Day
  • E: Weekly
  • H: Hour
  • L: Balance of week
  • M: Month
  • N: Next day
  • P: Pack
  • Q: Quarterly
  • S: Seasonal
  • T: Weekend
  • U: Bundle
  • V: Variable
  • W: Week
  • X: Custom
  • Y: Year
  • Note: The following values are only available for EPEX and Nord Pool:
  • a: Quarter hour
  • b: Half hour
  • c: One hour
  • d: Two hour
  • e: Four hour
  • f: Eight hour
  • g: One plus two
  • h: Three plus four
  • i: Baseload
  • j: Peakload
  • k: Overnight
  • l: Extended peak
743DeliveryDateLOCALMKTDATEN

Date for contract delivery

48SecurityIDSTRINGN

TT security ID that uniquely identifies the instrument in the TT platform.

207SecurityExchangeEXCHANGEN

Name of the market where the instrument trades.

TT FIX uses this value to identify the exchange that offers the
security.

Possible values:
  • AGGREGATOR
  • ALGO
  • ASE
  • ASX
  • B3
  • BitMEX
  • BrokerTec
  • Cboe
  • CboeFX_SW_NY
  • CBOT
  • CFE
  • CME
  • Coinbase
  • CoinFLEX
  • CurveGlobal
  • CZCE
  • DCE
  • DGCX
  • EEX
  • Eurex
  • Euronext
  • Fenics
  • FEX
  • HKEX
  • ICE
  • ICE_L
  • IDEM
  • INE
  • KCG
  • KRK
  • LME
  • LSE
  • MEFF
  • MEXDER
  • MX
  • NDAQ_EU
  • NFI
  • NFX
  • OSE
  • SGX
  • TFEX
  • TFX
  • TOCOM
100ExDestinationEXCHANGEN

Name of the sub-market where the instrument trades.

ISO 10383 defines a comprehensive list of MIC codes.

TT FIX uses this value to identify a security.

15CurrencyCURRENCYN

ISO-standard symbol for the instrument’s trading currency.

537QuoteTypeINTN

Type of quote being requested from counterparty or market

Possible values:
  • 0: Indicative
  • 1: Tradable
  • 99: Cross trade request
  • 255: Unknown
54SideCHARN

Side of the order

Possible values:
  • 1: Buy
  • 2: Sell
  • 3: Buy minus
  • 4: Sell plus
  • 5: Sell short
  • 6: Sell short exempt
  • 7: Undisclosed
  • 8: Cross
  • 9: Cross short
  • B: As Defined (FIX 4.4 only)
  • C: Opposite (FIX 4.4 only)
38OrderQtyQTYN

Total order quantity

44PricePRICEN

Price of the instrument.

864NoEventsNUMINGROUPN

Number of entries in the event types repeating group

865EventTypeINTN

Type of event

Possible values:
  • 5: Expiry date
  • 6: Last trading date
  • : The following values are only available for EPEX and Nord Pool:
  • 13: First delivery date
  • 14: Last delivery date
  • 101: First trading date
  • 102: SDAT first trading date
866EventDateLOCALMKTDATEN

Date the event occurred

1145EventTimeUTCTIMESTAMPN

Note: This tag is only available for EPEX and Nord Pool.

Specific time of event. Use in combination with EventDate <866>.

16853ParentVendorUserIDSTRINGN

For internal TT use only

16854ParentVendorAccountIDSTRINGN

For internal TT use only

16855ParentVendorBrokerIDSTRINGN

For internal TT use only

16856ParentVendorProfileIDSTRINGN

For internal TT use only

Y

For additional information about this component group, consult the full documentation.

10CheckSumSTRINGY

Unencrypted three-character checksum

This tag must always be the last field in a message (i.e. it serves, with the trailing <SOH>, as the end-of-message delimiter).

Message Notes

The Quote Request (R) message is used to request quotes from brokers prior to placement of an order. This message is commonly referred to as a Request For Quote (RFQ).