Component Instrument (Block)

The Instrument component block contains all the fields commonly used to describe a security or instrument. Typically the data elements in this component block are considered the static data of a security, data that may be commonly found in a security master database. The Instrument component block can be used to describe any asset type supported by FIX.

Added in protocol FIX.4.3

See in: FIX.4.3, FIX.4.4, FIX.5.0SP1, FIX.5.0SP2, FIX.5.0SP2 EP240.

Field or Component Name Description Is Required Added Is Deprecated
55 Symbol Common, "human understood" representation of the security. SecurityID value can be specified if no symbol exists (e.g. non-exchange traded Collective Investment Vehicles) Use "[N/A]" for products which do not have a symbol. FIX.4.3
65 SymbolSfx Used in Fixed Income with a value of "WI" to indicate "When Issued" for a security to be reissued under an old CUSIP or ISIN or with a value of "CD" to indicate a EUCP with lump-sum interest rather than discount price. FIX.4.3
48 SecurityID Takes precedence in identifying security to counterparty over SecurityAltID block. Requires SecurityIDSource if specified. FIX.4.3
22 SecurityIDSource Required if SecurityID is specified. FIX.4.3
ImplicitBlockRepeating SecAltIDGrp Number of alternate Security Identifiers FIX.4.4
460 Product Indicates the type of product the security is associated with (high-level category) FIX.4.3
461 CFICode Indicates the type of security using ISO 10962 standard, Classification of Financial Instruments (CFI code) values. It is recommended that CFICode be used instead of SecurityType for non-Fixed Income instruments. FIX.4.3
167 SecurityType It is recommended that CFICode be used instead of SecurityType for non-Fixed Income instruments. Required for Fixed Income. Refer to Volume 7 - Fixed Income Futures and Options should be specified using the CFICode (461) field instead of SecurityType (167) (Refer to Volume 7 - Recommendations and Guidelines for Futures and Options Markets.) FIX.4.3
762 SecuritySubType Sub-type qualification/identification of the SecurityType (e.g. for SecurityType="MLEG"). If specified, SecurityType is required. FIX.4.4
200 MaturityMonthYear Specifies the month and year of maturity. Applicable for standardized derivatives which are typically only referenced by month and year (e.g. S&P futures). Note MaturityDate (a full date) can also be specified. FIX.4.3
541 MaturityDate Specifies date of maturity (a full date). Note that standardized derivatives which are typically only referenced by month and year (e.g. S&P futures).may use MaturityMonthYear and/or this field. When using MaturityMonthYear, it is recommended that markets and sell sides report the MaturityDate on all outbound messages as a means of data enrichment. FIX.4.3
1079 MaturityTime FIX.4.4
966 SettleOnOpenFlag Indicator to determine if Instrument is Settle on Open. FIX.4.4
1049 InstrmtAssignmentMethod FIX.4.4
965 SecurityStatus Gives the current state of the instrument FIX.4.4
224 CouponPaymentDate Date interest is to be paid. Used in identifying Corporate Bond issues. FIX.4.3
225 IssueDate Date instrument was issued. For Fixed Income IOIs for new issues, specifies the issue date. FIX.4.3
239 RepoCollateralSecurityType FIX.4.3 Y
226 RepurchaseTerm FIX.4.3 Y
227 RepurchaseRate FIX.4.3 Y
228 Factor For Fixed Income: Amortization Factor for deriving Current face from Original face for ABS or MBS securities, note the fraction may be greater than, equal to or less than 1. In TIPS securities this is the Inflation index. Qty * Factor * Price = Gross Trade Amount For Derivatives: Contract Value Factor by which price must be adjusted to determine the true nominal value of one futures/options contract. (Qty * Price) * Factor = Nominal Value FIX.4.3
255 CreditRating FIX.4.3
543 InstrRegistry The location at which records of ownership are maintained for this instrument, and at which ownership changes must be recorded. Can be used in conjunction with ISIN to address ISIN uniqueness issues. FIX.4.3
470 CountryOfIssue ISO Country code of instrument issue (e.g. the country portion typically used in ISIN). Can be used in conjunction with non-ISIN SecurityID (e.g. CUSIP for Municipal Bonds without ISIN) to provide uniqueness. FIX.4.3
471 StateOrProvinceOfIssue A two-character state or province abbreviation. FIX.4.3
472 LocaleOfIssue The three-character IATA code for a locale (e.g. airport code for Municipal Bonds). FIX.4.3
240 RedemptionDate FIX.4.3 Y
202 StrikePrice Used for derivatives, such as options and covered warrants FIX.4.3
947 StrikeCurrency Used for derivatives FIX.4.4
967 StrikeMultiplier Used for derivatives. Multiplier applied to the strike price for the purpose of calculating the settlement value. FIX.4.4
968 StrikeValue Used for derivatives. The number of shares/units for the financial instrument involved in the option trade. FIX.4.4
206 OptAttribute Used for derivatives, such as options and covered warrants to indicate a versioning of the contract when required due to corporate actions to the underlying. Should not be used to indicate type of option - use the CFICode (461) for this purpose. FIX.4.3
231 ContractMultiplier For Fixed Income, Convertible Bonds, Derivatives, etc. Note: If used, quantities should be expressed in the "nominal" (e.g. contracts vs. shares) amount. FIX.4.3
969 MinPriceIncrement Minimum price increment for the instrument. Could also be used to represent tick value. FIX.4.4
996 UnitofMeasure Used to indicate the size of the underlying commodity on which the contract is based (e.g., 2500 lbs of lean cattle, 1000 barrels of crude oil, 1000 bushels of corn, etc.) FIX.4.4
997 TimeUnit Used to indicate a time unit for the contract (e.g., days, weeks, months, etc.) FIX.4.4
223 CouponRate For Fixed Income. FIX.4.3
207 SecurityExchange Can be used to identify the security. FIX.4.3
970 PositionLimit Position Limit for the instrument. FIX.4.4
971 NTPositionLimit Near-term Position Limit for the instrument. FIX.4.4
106 Issuer FIX.4.3
348 EncodedIssuerLen Must be set if EncodedIssuer (349) field is specified and must immediately precede it. FIX.4.3
349 EncodedIssuer Encoded (non-ASCII characters) representation of the Issuer (106) field in the encoded format specified via the MessageEncoding (347) field. FIX.4.3
107 SecurityDesc FIX.4.3
350 EncodedSecurityDescLen Must be set if EncodedSecurityDesc (351) field is specified and must immediately precede it. FIX.4.3
351 EncodedSecurityDesc Encoded (non-ASCII characters) representation of the SecurityDesc (107) field in the encoded format specified via the MessageEncoding (347) field. FIX.4.3
691 Pool Identifies MBS / ABS pool FIX.4.4
667 ContractSettlMonth Must be present for MBS/TBA FIX.4.4
875 CPProgram The program under which a commercial paper is issued FIX.4.4
876 CPRegType The registration type of a commercial paper issuance FIX.4.4
ImplicitBlockRepeating EvntGrp Number of repeating EventType group entries. FIX.4.4
873 DatedDate If different from IssueDate FIX.4.4
874 InterestAccrualDate If different from IssueDate and DatedDate FIX.4.4
BlockRepeating InstrumentParties Used to identify the parties listing a specific instrument FIX.4.4