FIX Dropcopy Protocol

The CompID of the Bitnomial FIX dropcopy is BTNL_DC

Application Messages

Message type Tag 35 (MsgType)
Execution Report 8

Execution Reports

The Execution Report (8) message relays order information relating to new, modded, or filled orders.

Field tag Field name Format Req Comments
60 TransactTime String Y Time of execution report creation (UTC)
37 OrderId String Y Unique identifier among all active orders. Corresponds to most recent Open or Modify ackId. Encoded as a decimal number
11 ClOrdId String Y Corresponds to orderId. Encoded as a decimal number. ClOrdId (11) and SecondaryClOrdId (526) or BlockTraderId (20526) represent a unique order identifier per order originator
526 SecondaryClOrdId String C Corresponds to connectionId. Encoded as a hexadecimal number. Required if TradeType (828) = 0
20526 BlockTraderId String C Unique identifier for block trader. Encoded as a UUID. Required if TradeType (828) = 1
41 OrigClOrdId String C ClOrdId(11) of the order to be replaced (See Bitnomial Order Replace). Encoded as a decimal number
17 ExecId String Y Unique identifier of the execution report. Corresponds to ackId. Encoded as a decimal number
150 ExecType Char Y 0 = New, 4 = Canceled, 5 = Replaced, F = Fill
39 OrdStatus Char Y 0 = New, 1 = Partial Fill, 2 = Fill, 4 = Canceled
1 Account String Y MGEX clearing account identifier. Max len 10
55 Symbol String C Product identifier. (See Bitnomial Symbology)
20055 ProductId Int C Integer identifier for Symbol (55). Corresponds to product_id in the Product API
54 Side Char Y 1 = Buy, 2 = Sell
44 Price Price Y Price of order in dollars with cents eg. price of 9000 = ‘9000.00’
59 TimeInForce Char Y 0 = Day, 1 = GTC, 3 = IOC
38 OrderQty Qty Y Quantity of order
31 LastPx Price C Price of this fill in dollars with cents eg. price of 9000 = ‘9000.00’. Required if ExecType (150) = F
32 LastQty Qty C Quantity of this last fill. Required if ExecType (150) = F
151 LeavesQty Qty Y Quantity open for further execution
14 CumQty Qty Y Quantity currently filled for this order
6 AvgPx Price Y Volume weighted average execution price in dollars with cents eg. price of 9000 = ‘9000.00’
167 SecurityType String Y FUT = Future, OPT = Option, SPD = Spread
200 MaturityMonthYear MonthYear Y Format YYYYMM. Required if SecurityType (167) = FUT or OPT
201 PutOrCall Int C 0 = Put 1 = Call. Required when SecurityType (167) = OPT
202 StrikePrice Price C Strike price in dollars with cents eg. price of 9000 = ‘9000.00’. Required when SecurityType (167) = OPT
439 ClearingFirm String Y MGEX Clearing firm identifier. Max len 2
582 CustOrderCapacity Int Y CTI Code, 1 = CTI1, 2 = CTI2, 3 = CTI3 4 = CTI4
581 AccountType Int Y 1 = Seg/Customer 2 = Reg/House
828 TradeType Int Y 0 = Regular Trade 1 = Block Trade
851 LastLiquidityInd Int N 1 = Added Liquidity 2 = Removed Liquidity , Only applicable when Order Status (39) = Partial or Filled
555 NoLegs Int C Number of legs in repeating group. Required if multi leg product
=> 600 LegSymbol String Y Multileg underlying instrument’s Symbol (55)
=> 609 LegSecurityType String Y Multileg underlying instrument’s SecurityType (167)
=> 610 LegMaturityMonthYear MonthYear Y Multileg underlying instrument’s MaturityMonthYear (200)
=> 612 LegStrikePrice Price C Multileg underlying instrument’s StrikePrice (202)
=> 624 LegSide Price Y Multileg underlying instrument’s Side (54)
=> 637 LegLastPx Price C Multileg underlying instrument’s LastPx (31)

Example:

8=FIX.4.4 | 9=168 | 35=8 | 49=BTNL_DC | 56=fix_client | 34=1 | 50=FastTradeInc | 52=20061124-15:47:02.951 | 37=1 | 11=0 | 526=1 | 17=1 | 150=0 | 39=0 | 1=FTI | 55=BUSZ6 | 20055=231 | 54=1 | 44=19000 | 38=10 | 151=10 | 14=0 | 6=0 | 167=FUT | 541=20061221 | 439=JP | 582=2 | 581=2 | 828=0 | 10=CHECKSUM |

Bitnomial Symbology

Bitnomial uses standard futures month codes, and the year code is a single digit representing the next year ending in that number. See (Product Specifications) for a detailed list of products.

Product Type Symbol Example Description
Future BUIH29 Mar 2029 BUI contract
Put Option OP BUSOZ22P9000 Dec 2022 BUS Put option with $9000 strike
Call Option OC BUSOM22C9000 Jun 2022 BUS Call option with $9000 strike
Two Leg Spread - BUSU21-BUSZ21 Spread between Sep and Dec 2021 BUS contracts

Bitnomial Order Replace

In the Bitnomial system, orders are modified in place instead of being canceled and replaced with a new order. This means that a Cancel/Replace order will only send an ExecType (150) = 5 (Replaced) Execution Report and no report of a canceled order. Additionally, the ClOrdId (11) and OrigClOrdId (41) will contain the same client order id because the existing order has just been modified.