[This message was posted by Abel Monroy of <[EMAIL PROTECTED]> to the "General Q/A" discussion forum at http://fixprotocol.org/discuss/22. You can reply to it on-line at http://fixprotocol.org/discuss/read/55e8e598 - PLEASE DO NOT REPLY BY MAIL.]
I think this is perfect, because, as you said, using FIX 5.0 tags and values makes easier the next transition from FIX4.4 to FIX5.0. Thanks! > In my view these are a type of pegged orders. FIX 4.4 already offers > OrdType P=Pegged and the component block PegInstructions. FIX 5.0 then > added tag 1094 PegPriceType with 2=Mid-price peg to this block. Would > that cover your requirement? If so, I suggest to add something in 4.4 > that is compatible with what is available in FIX 5.0. That makes a later > transition easier for you. > > Regards, Hanno. > > > Hi all, > > > > I have a doubt about how to send, using FIX protocol, a midpoint > > order. This kind of order is an order that remains totally invisible > > (neither volume nor limits are disclosed to other market > > participants). This kind of order offers the possibility of order > > executions at the midpoint of best bid/best ask spread. I have been > > searching into FIX4.4 protocol, and I couldn't find no fields or > > values to report this kind of order. Maybe I can use NewOrderSingle, > > adding into my own FIX specifications a new value for OrdType, or a > > new value into ExecInst. What do you think? Which solution do you > > think is the best for this issue? > > > > Thank you in advance, > > > > Abel Monroy [You can unsubscribe from this discussion group by sending a message to mailto:[EMAIL PROTECTED] --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Financial Information eXchange" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/FIX-Protocol?hl=en -~----------~----~----~----~------~----~------~--~---
