[This message was posted by Naresh Kumar of TCS <[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/67baef92 - PLEASE DO NOT REPLY BY MAIL.]
thanks Jim > It depends upon version of FIX: > > FIX.4.2: Symbol(55)-option symbol - exchange specific SecurityType(167) > OPT MaturityMonthYear(tag 200) - YYYYMM StrikePrice(tag 202) - strike > price PutOrCall(tag 201) 0-Put, 1-Call For a Flex option: > MaturityDay(tag 205) - If the day of the month is required. > > FIX.4.3 - DO NOT USE FIX.4.3 AT ALL > > FIX.4.4 through FIX.5.0SP2 - We reintroduced PutOrCall field and > SecurityType into FIX.4.4 Symbol(55)-option symbol - exchange specific > SecurityType(167) = 'OPT' MaturityMonthYear(tag 200) - YYYYMM (expanded > to include - so you can fully specify the maturity date as YYYYMMDD) > StrikePrice(tag 202) - strike price PutOrCall(tag 201) 0-Put, 1-Call > > There are some additional fields that have been used historically, such > as: OptAttribute(tag 206) - has been used in some markets to provide > versioning of options as a result of corporate actions (mergers, > acquisitions, etc.). This field is not widely used. > > For US listed markets - there is an Options Symbology Initiative being > led by The Options Clearing Corporation, which is the issuer and > guarantee of equity options (including indices), within the US. The FPL > Global Derivatives Committee worked with The OCC and produced the > following Implementation Guide: http://fixprotocol.org/documents/4213/F- > IXImplementationGuide_USOptionsSymbology_v1.pdf > > Also, in some markets the following fields might be used to identify the > instrument - especially for markets that use ISIN for instance. > > SecurityID(tag 48) SecurityIDSource(tag 22) > > Final Note: We introduced CFICode (based upon an ISO standard) as part > of FIX.4.3. CFICode(tag 461) is widely used for US derivatives post > trade reporting and is still a supported field. We have however, moved > away from the use of CFICode for identification of derivatives and > returned to SecurityType(tag 167)=OPT or FUT and PutOrCall(tag 201). > > > > > > Hi, > > > > In case the order is for option trade , what should be the extra tags > > provided vs if the order would have been for a Stock order > > > > Any help with sample fix message would be great. > > > > Many thanks > > > > Naresh [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 -~----------~----~----~----~------~----~------~--~---
