[This message was posted by Hanno Klein of Deutsche Börse Systems <hanno.kl...@deutsche-boerse.com> 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/0152f78f - PLEASE DO NOT REPLY BY MAIL.]
It is not sufficient to only state the term "MARKET_TO_LIMIT" without explaining the underlying semantics. You explained the semantic of value K and stated that this is different from your business requirement. So far so good, but what is your business requirement? So I can only guess that you need something that changes the order from market to limit when a certain event occurs. Such changes are covered by the <TriggeringInstruction> component block. Tag 1111 TriggerOrderType lets you define the new order type (in your case: Limit). What is missing is your description of the actual trigger. > > client wants to trade Market to limit order for SFE exchange. What is > > the suggested FIX tags from the client side > > > > Example : OrderType=Limit / K (it should be industry standard) - What > > is the order type for Market to Limit(in SFE market_to_limit is the > > one of the order type) Price=x.x > > > > Could someone suggest about this, please? > > This is not a Market with Leftover as Limit (market order then > unexecuted quantity becomes limit order at last price). SFE supports > MARKET_TO_LIMIT as a order Type. Please suggest the standard fix tags > for this order request. [You can unsubscribe from this discussion group by sending a message to mailto:unsubscribe+100932...@fixprotocol.org] --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Financial Information eXchange" group. To post to this group, send email to FIX-Protocol@googlegroups.com To unsubscribe from this group, send email to fix-protocol+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/FIX-Protocol?hl=en -~----------~----~----~----~------~----~------~--~---
