Usage
New orders should be submitted as a NewOrderSingle. This is equivalent to submitting a trade via the POST v1/trading/order/ endpoint. When a Client submits a NewOrderSingle, they should expect to receive an ExecutionReport acknowledging the order (35=8, 150=A) immediately.
Schema: NewOrderSingle (35=D)
NewOrderSingle (35=D)| Field Name | Tag | Description | Required | Example |
|---|---|---|---|---|
| ClOrdID | 11 | Unique identifier of the message assigned by the Client. This must be unique within the trading day. Otherwise, Moment will reject the order. | Y | "5f7b9c9f-7b9c-9f7b-9c9f-7b9c9f7b9c9f" |
| Account | 1 | The identity of the settlement account. Generally, this should be the Account ID of the end user. | Y | "7c0e7cd7-b2f7-42ec-aa3e-3428ce28a82b" |
| OrdType | 40 | The type of order. Only "2" = Limit is supported. | Y | "2" |
| OrderQty | 38 | The size of the order in par value. To place an order for 1 bond with a face value of $1,000, the Client should provide an OrderQty of 1000. For more information on par values, refer to the Fixed Income Data Glossary. | Y | "1000" |
| Side | 54 | The direction of the order, from the perspective of the Client. ”1” = Buy ”2” = Sell | Y | "1" |
| Price | 44 | The price of the order. The price should always be specified from the end-user's perspective, inclusive of all markups. Moment will automatically account for the Client's markup when routing the order to the street. | Y | "96.25" |
| PriceType | 423 | The type of Price (44). Only ”1” = Price/Percentage is supported. All prices are clean prices. | Y | "1" |
| SecurityID | 48 | The ID of the security. Clients may provide a CUSIP or ISIN. | Y | "912797JE8" |
| SecurityIDSource | 22 | The source of the SecurityID (48). "1" = CUSIP "4" = ISIN | Y | "1" |
| TimeInForce | 59 | The time in force. Only "0" = Day is supported. | Y | "0" |
| TradingSessionID | 336 | Indicates whether the order is eligible for extended hours trading. This will default to "REG" normal market hours if it is not specified. "REG" = Only eligible for normal market hours trading "EXT" = Eligible for both normal market hours and extended hours trading. Normal market hours are 9:30AM to 4:00PM ET, and extended hours are 7:30AM to 5:00PM ET. | N | "REG" |
| TransactTime | 60 | The time the order was created (GMT). | Y | "20231005-11:48:33" |
| TradingGroup | 5047 | The trading or risk group for which the order is being placed. | Y | "GRP_1" |