Drop Copy

Overview

EDX Markets FIX specifications are based on the FIX Trading Community FIX 5.0 SP2 specifications.

Supported Messages

The following convention is used in this document to indicate message direction:

IN: a message type received by EDX.
OUT: a message type originating from EDX.
IN/OUT: a message type that can be sent to or from EDX.

The values under the “Required” column indicate one of the following:

‘Y’ – field is mandatory and must be sent or received as a part of the message.
‘N’ – field is not required and should be omitted unless otherwise directed by EDX.
‘N/A’ – Field is not used in the context of the message.

Drop Copy Configuration

The Drop Copy Feed returns Execution Reports. By default, Drop Copy sessions are configured to receive only fill Execution Reports.

Session Recovery

Fills that occur while a FIX session is disconnected will be replay-able from buffer when the session reconnects using a TradeCaptureReport Request with the relevant value in the TrdMatchID Tag.

If your drop copy session was configured by Market Operations to receive TradeCaptureReport messages:

If TrdMatchID in the TradeCaptureReportRequest is not specified, the subscription will publish live trades only.
If TrdMatchID in the TradeCaptureReportRequest is 0, the subscription will publish trades from as far back as the buffer will allow, then continue publishing live trades.
If TrdMatchID in the TradeCaptureReportRequest is >0, the subscription will publish trades from as far back as the buffer will allow (starting at the specified TrdMatchID), then continue publishing live trades.

The recommended usage for Option 3 is to use the TrdMatchID of the last seen trade or the TrdMatchID of the last seen trade plus 1 depending on whether you want to be inclusive or exclusive of the trade last seen.

If your drop copy session was configured by Market Operations to receive ExecutionReport messages, you will only receive live executions, regardless of the value of TrdMatchID in TradeCaptureReportRequest.

Trade Capture Report Request

TradeCaptureReportRequest (IN)

Fields

Tag	Name	Required	Comments
	Standard Header	Y	MsgType 35=AD
568	TradeRequestID	Y	TradeCaptureReportRequest ID.
569	TradeRequestType	Y	Both values behave the same. See tag 880 for options to specify the start of the Drop Copy Feed. ALL_TRADES [0] TRADES_MATCHING_CRITERIA [1]
880	TrdMatchID	N	Depending on your Drop Copy session configuration, the feed can replay trades starting at the provided `TrdMatchID`. See 'Session Recovery'.
	Standard Footer	Y

Example

[BeginString]         8 = FIXT.1.1
[BodyLength]          9 = 74
[MsgType]            35 = AD
[MsgSeqNum]          34 = 10
[SendingTime]        52 = 20240728-22:59:56.000
[SenderCompID]       49 = USERNAME
[TargetCompID]       56 = EDXM
[TradeRequestID]    568 = 143525341
[TradeRequestType]  569 = 0
[TrdMatchID]        880 = 3198759860848
[CheckSum]           10 = 174

TradeCaptureReportRequestAck (OUT)

Fields

Tag	Name	Required	Comments
	Standard Header	Y	MsgType 35=AQ
568	TradeRequestID	Y	TradeCaptureReportRequest ID.
569	TradeRequestType	Y	ALL_TRADES [0] TRADES_MATCHING_CRITERIA [1]
	Standard Footer	Y

Example

[BeginString]         8 = FIXT.1.1
[BodyLength]          9 = 76
[MsgType]            35 = AQ
[SenderCompID]       49 = EDXM
[TargetCompID]       56 = USERNAME
[MsgSeqNum]          34 = 11
[SendingTime]        52 = 20240728-22:59:50.540
[TradeRequestID]    568 = 234235912
[TradeRequestType]  569 = 0
[CheckSum]           10 = 193

ExecutionReport (OUT)

Fields

Tag	Name	Required	Comments
	Standard Header	Y	MsgType 35=8
37	OrderID	Y	Exchange provided OrderID.
11	ClOrdID	Y	Client Identifier for the Order.
41	OrigClOrdID	N	The ClOrdID associated with the replaced order.
583	ClOrdLinkID	N	Client provided metadata for the order that is echoed on execution reports.
17	ExecID	Y	Unique identifier of execution message as assigned by the exchange.
150	ExecType	Y	Specified the Type of the Execution Report: NEW [0] TRADE [F] – Partial fill or fill. EXPIRED [C] REJECTED [8]
39	OrdStatus	Y	Indicates the status of an order: NEW [0] PARTIALLY_FILLED [1] FILLED [2] EXPIRED [C] REJECTED [8]
103	OrderRejReason	N	Identifies the reason a new order was rejected by the system. EDX supports the following values: BROKER_EXCHANGE_OPTION [0] UNKNOWN_SYMBOL [1] UNKNOWN_ORDER [5] DUPLICATE_ORDER [6] UNSUPPORTED_ORDER_CHARACTERISTIC [11] INCORRECT_QUANTITY [13] PRICE_EXCEEDS_CURRENT_PRICE_BAND [16] OTHER [99] EDX exclusive values: ORDER_BOOK_IN_SUSPENDED_STATE [100] ORDER_BOOK_IN_HALT_STATE [101] ORDER_BOOK_IN_EXPIRED_STATE [102] ORDER_BOOK_IN_LISTED_STATE [103] ORDER_BOOK_IN_POST_ONLY_STATE [104] ORDER_BREACHES_BASE_POSITION_LIMIT [105] ORDER_BREACHES_QUOTE_POSITION_LIMIT [106] ACCESS_TO_DESIGNATED_RETAIL_DENIED [200]
1	Account	Y	Account mnemonic.
55	Symbol	Y	The instrument for the Order. Example: BTC/USD, ETH/USD, LTC/USD
54	Side	Y	Order Side: BUY [1] – This is a buy order. SELL [2] – This is a sell order.
38	OrderQty	N	Quantity of the Order.
152	CashOrderQty	N	The notional quantity of the order.
5151	LeavesQuoteQty	N	The remaining notional quantity of the order. Only applies to orders placed as CashOrderQty.
5152	CumQuoteQty	N	The filled notional quantity of the order. Only applies to orders placed as CashOrderQty.
40	OrdType	Y	Describes the type of Order being placed: MARKET [1] LIMIT [2]
44	Price	N	The Price of the Traded Instrument.
59	TimeInForce	N	When the order should expire: GOOD_TILL_CANCEL [1] IMMEDIATE_OR_CANCEL [3] FILL_OR_KILL [4] GOOD_TILL_DATE [6] GOOD_FOR_TIME [A]
126	ExpireTime	N	UTC timestamp/ Expiry Time for a GTD Limit Order.
18	ExecInst	N	Additional controls around the execution of an order. Currently supported options: PARTICIPATE_DONT_INITIATE [6] – Indicates that this is a Post Only Limit Order.
32	LastQty	N	Quantity bought/sold on this (last) fill.
31	LastPx	N	Price of this (last) fill.
151	LeavesQty	Y	Order Quantity available for further execution.
14	CumQty	Y	Quantity Executed in the current Order Chain.
6	AvgPx	Y	Calculated average price for fills and partial fills.
75	TradeDate	N	Indicates date of trade referenced in this message.
60	TransactTime	Y	Exchange provided timestamp generated by the match engine.
58	Text	N	Describes cancel reason. In the case of unsolicited cancels due to limit breaches, will be set to BREACHED_QUOTE_POSITION_LIMIT or BREACHED_BASE_POSITION_LIMIT.
880	TrdMatchID	N	Identifier assigned to the Trade by the matching system.
851	LastLiquidityInd	N	Indicates the liquidity code for this execution: ADDED_LIQUIDITY [1] - The order added displayed liquidity to the Exchange book. REMOVED_LIQUIDITY [2] - The order removed liquidity from the Exchange book. RETAIL_LIQUIDITY_ADDED [70] - The order available for retail access only added liquidity to the Exchange book. RETAIL_LIQUIDITY_REMOVED [71] - The order available for retail access only removed liquidity from the Exchange book. DESIGNATED_RETAIL_ADDED [170] - The designated retail-only order added liquidity to the Exchange book. DESIGNATED_RETAIL_REMOVED [171] - The designated retail only order removed liquidity from the Exchange book.
>453	NoPartyIDs	N	Number of PartyID, PartyIDSource and PartyRole entries.
>448	PartyID	N	Party Identifier/Code.
>447	PartyIDSource	N	Identifies class or source of the PartyID value. Required if PartyID is specified. Note: applicable values depend upon PartyRole specified.
>452	PartyRole	N	Identifies the type or role of the PartyID specified.
1056	CalculatedCcyLastQty	N	Used for the calculated quantity of the other side of the currency trade.
15	Currency	N	Identifies currency used for price or quantity fields. Example: BTC, ETH, LTC
120	SettlCurrency	N	Currency code of settlement denomination.
528	OrderCapacity	N	Designates the capacity of the firm placing the order: AGENCY [A] PRINCIPAL [P] RISKLESS_PRINCIPAL [R]
582	CustOrderCapacity	N	Capacity of customer placing the order: MEMBER_TRADING_FOR_THEIR_OWN_ACCOUNT [1] RETAIL_CUSTOMER [5]
136	NoMiscFees	N	Number of repeating groups of miscellaneous fees.
>891	MiscFeeBasis	N	Defines the unit for miscellaneous fee. Always ABSOLUTE [0]
>137	MiscFeeAmt	N	Miscellaneous fee value.
>138	MiscFeeCurr	N	Currency of miscellaneous fee. Will match the quote asset associated with the traded instrument.
>139	MiscFeeType	N	Indicates type of miscellaneous fee. Valid values for EDX: EXCHANGE_FEES [4] OTHER [7] REBATE [33] Other represents estimated fees for new and replaced order status.
9416	ExtendedExecInst	N	Designates that an order is a Retail order or a Retail Liquidity Providing order. DESIGNATED_RETAIL [R] - Indicates that this is a Retail Taker order. RETAIL_LIQUIDITY_PROVIDER [T] - Indicates that this is a Retail Maker order.
5040	NoCapacityEntries	Y	Number of repeating groups for capacity entries.
>5041	AvailableCapacity	Y	Remaining long/short trade limit capacity.
>5042	CapacityCurrency	Y	Long/short risk asset. Expect 2 entries for every spot order/instrument. Buy order example - BTC/USD order expect to see both Buy BTC and Sell USD entries. Sell order example - BTC/USD order expect to see both Sell BTC and Buy USD entries.
>5043	CapacitySide	Y	Long/short risk limit indicator: BUY [1] SELL [2]
	Standard Footer	Y

Example (NEW)

[BeginString]           8 = FIXT.1.1
[BodyLength]            9 = 315
[MsgType]              35 = 8
[SenderCompID]         49 = EDXM
[TargetCompID]         56 = USERNAME
[MsgSeqNum]            34 = 12
[SendingTime]          52 = 20250308-00:51:40.309
[OrderID]              37 = 3482909417980013939
[ClOrdID]              11 = 542234423134
[ExecID]               17 = 3482909417980013940
[ExecType]            150 = 0
[OrdStatus]            39 = 0
[Account]               1 = USERNAME
[Symbol]               55 = BTC/USD
[Side]                 54 = 1
[OrderQty]             38 = 1
[OrdType]              40 = 2
[Price]                44 = 89000
[TimeInForce]          59 = 1
[LeavesQty]           151 = 1
[CumQty]               14 = 0
[AvgPx]                 6 = 0
[TransactTime]         60 = 20250308-00:51:40.300182688
[NoMiscFees]          136 = 1
[MiscFeeAmt]          137 = 9.0
[MiscFeeCurr]         138 = USD
[MiscFeeType]         139 = 7
[MiscFeeBasis]        891 = 0
[NoPartyIDs]          453 = 1
[PartyID]             448 = USERNAME
[PartyIDSource]       447 = D
[PartyRole]           452 = 44
[OrderCapacity]       528 = P
[CustOrderCapacity]   582 = 1
[NoCapacityEntries]  5040 = 2
[AvailableCapacity]  5041 = 4
[CapacityCurrency]   5042 = USD
[CapacitySide]       5043 = 1
[AvailableCapacity]  5041 = 9910999
[CapacityCurrency]   5042 = BTC
[CapacitySide]       5043 = 2
[CheckSum]             10 = 237

Example (REPLACE)

[BeginString]           8 = FIXT.1.1
[BodyLength]            9 = 308
[MsgType]              35 = 8
[SenderCompID]         49 = EDXM
[TargetCompID]         56 = USERNAME
[MsgSeqNum]            34 = 227
[SendingTime]          52 = 20250308-01:14:28.265
[OrderID]              37 = 3242898425879913838
[ClOrdID]              11 = 542532324
[OrigClOrdID]          41 = 139048181
[ExecID]               17 = 3482909417980013940
[ExecType]            150 = 5
[OrdStatus]            39 = 0
[Account]               1 = USERNAME
[Symbol]               55 = BTC/USD
[Side]                 54 = 1
[OrderQty]             38 = 1
[OrdType]              40 = 2
[Price]                44 = 88000
[TimeInForce]          59 = 1
[LeavesQty]           151 = 1
[CumQty]               14 = 0
[AvgPx]                 6 = 0
[TransactTime]         60 = 20250308-01:14:28.241593955
[NoMiscFees]          136 = 1
[MiscFeeAmt]          137 = 9.8725
[MiscFeeCurr]         138 = USD
[MiscFeeType]         139 = 7
[MiscFeeBasis]        891 = 0
[NoCapacityEntries]  5040 = 2
[AvailableCapacity]  5041 = 2
[CapacityCurrency]   5042 = BTC
[CapacitySide]       5043 = 1
[AvailableCapacity]  5041 = 9733999
[CapacityCurrency]   5042 = USD
[CapacitySide]       5043 = 2
[CheckSum]             10 = 108

Example (TRADE)

[BeginString]              8 = FIXT.1.1
[BodyLength]               9 = 385
[MsgType]                 35 = 8
[SenderCompID]            49 = EDXM
[TargetCompID]            56 = USERNAME
[MsgSeqNum]               34 = 183
[SendingTime]             52 = 20250308-01:03:34.343
[OrderID]                 37 = 3262887839789919387
[ClOrdID]                 11 = 234245245
[ExecID]                  17 = 3262887839789983788
[ExecType]               150 = F
[OrdStatus]               39 = 2
[Account]                  1 = USERNAME
[Symbol]                  55 = BTC/USD
[Side]                    54 = 1
[OrderQty]                38 = 1
[OrdType]                 40 = 2
[Price]                   44 = 89000
[TimeInForce]             59 = 1
[LastQty]                 32 = 1
[LastPx]                  31 = 89000
[LeavesQty]              151 = 0
[CumQty]                  14 = 1
[AvgPx]                    6 = 89000
[TradeDate]               75 = 20250308
[TransactTime]            60 = 20250308-01:03:34.305526503
[TrdMatchID]             880 = 3333259586143518720
[LastLiquidityInd]       851 = 1
[NoPartyIDs]             453 = 1
[PartyID]                448 = USERNAME
[PartyIDSource]          447 = D
[PartyRole]              452 = 44
[CalculatedCcyLastQty]  1056 = 89000
[Currency]                15 = BTC
[SettlCurrency]          120 = USD
[NoCapacityEntries]     5040 = 2
[AvailableCapacity]     5041 = 4
[CapacityCurrency]      5042 = BTC
[CapacitySide]          5043 = 1
[AvailableCapacity]     5041 = 9910999
[CapacityCurrency]      5042 = USD
[CapacitySide]          5043 = 2
[CheckSum]                10 = 095

Example (CANCELLED)

[BeginString]           8 = FIXT.1.1
[BodyLength]            9 = 326
[MsgType]              35 = 8
[SenderCompID]         49 = EDXM
[TargetCompID]         56 = USERNAME
[MsgSeqNum]            34 = 15
[SendingTime]          52 = 20250308-00:51:11.442
[OrderID]              37 = 34242987616870012848
[ClOrdID]              11 = 5435326523
[OrigClOrdID]          41 = 2354353242
[ExecID]               17 = 8352898797388452814
[ExecType]            150 = 4
[OrdStatus]            39 = 4
[Account]               1 = USERNAME
[Symbol]               55 = BTC/USD
[Side]                 54 = 1
[OrderQty]             38 = 1
[OrdType]              40 = 2
[Price]                44 = 89000
[TimeInForce]          59 = 1
[LeavesQty]           151 = 0
[CumQty]               14 = 0
[AvgPx]                 6 = 0
[TransactTime]         60 = 20250308-00:51:11.428151034
[Text]                 58 = USER_INITIATED
[NoPartyIDs]          453 = 1
[PartyID]             448 = USERNAME
[PartyIDSource]       447 = D
[PartyRole]           452 = 44
[NoCapacityEntries]  5040 = 2
[AvailableCapacity]  5041 = 5
[CapacityCurrency]   5042 = BTC
[CapacitySide]       5043 = 1
[AvailableCapacity]  5041 = 9999999
[CapacityCurrency]   5042 = USD
[CapacitySide]       5043 = 2
[CheckSum]             10 = 061

Example (REJECTED)

[BeginString]      8 = FIXT.1.1
[BodyLength]       9 = 239
[MsgType]         35 = 8
[SenderCompID]    49 = EDXM
[TargetCompID]    56 = USERNAME
[MsgSeqNum]       34 = 16
[SendingTime]     52 = 20240729-00:19:29.378
[OrderID]         37 = NONE
[ClOrdID]         11 = 324234234
[ExecID]          17 = 3252776287218878480
[ExecType]       150 = 8
[OrdStatus]       39 = 8
[OrdRejReason]   103 = 1
[Account]          1 = USERNAME
[Symbol]          55 = UNKNOWN
[Side]            54 = 1
[OrdType]         40 = 2
[LeavesQty]      151 = 0
[CumQty]          14 = 0
[AvgPx]            6 = 0
[TransactTime]    60 = 20240729-00:19:29.370662362
[Text]            58 = UNKNOWN_INSTRUMENT
[NoPartyIDs]     453 = 1
[PartyID]        448 = USERNAME
[PartyIDSource]  447 = D
[PartyRole]      452 = 44
[CheckSum]        10 = 069

Example (EXPIRED)

[BeginString]     8 = FIXT.1.1
[BodyLength]      9 = 248
[MsgType]        35 = 8
[SenderCompID]   49 = EDXM
[TargetCompID]   56 = USERNAME
[MsgSeqNum]      34 = 17
[SendingTime]    52 = 20240729-00:43:44.017
[OrderID]        37 = 3262894187877389770
[ClOrdID]        11 = 3254234425244
[OrigClOrdID]    41 = 2542543211412
[ExecID]         17 = 8352894441399792257
[ExecType]      150 = C
[OrdStatus]      39 = C
[Account]         1 = USERNAME
[Symbol]         55 = BTC/USD
[Side]           54 = 1
[OrderQty]       38 = 3.432
[OrdType]        40 = 2
[Price]          44 = 61500
[TimeInForce]    59 = 6
[ExpireTime]    126 = 20240729-00:43:33.000
[LeavesQty]     151 = 0
[CumQty]         14 = 0
[AvgPx]           6 = 0
[TransactTime]   60 = 20240729-00:43:33.014048214
[CheckSum]       10 = 181

OrderCancelReject (OUT)

Fields

Tag	Name	Required	Comments
	Standard Header	Y	MsgType 35=9
37	OrderID	Y	Exchange provided OrderID.
11	ClOrdID	Y	Client Identifier for the Order.
583	ClOrdLinkID	N	Permits order originators to tie together groups of orders in which trades resulting from orders are associated for a specific purpose, for example the calculation of average execution price for a customer.
41	OrigClOrdID	Y	Client Identifier for the Order to be cancelled.
39	OrdStatus	Y	Indicates the status of an order: REJECTED [8]
1	Account	Y	Account mnemonic.
60	TransactTime	Y	Exchange provided timestamp generated by the match engine.
434	CxlRejResponseTo	Y	Indicates the message type the Reject is in response to. ORDER_CANCEL_REQUEST [1] ORDER_CANCEL_REPLACE_REQUEST [2]
102	CxlRejReason	Y	The code which identifies the reason for the cancel reject. EDX's system supports the following values: UNKNOWN_ORDER [1] PRICE_EXCEEDS_CURRENT_PRICE_BAND [8] OTHER [99] EDX exclusive values: ORDER_BREACHES_BASE_POSITION_LIMIT [16] ORDER_BREACHES_QUOTE_POSITION_LIMIT [17] ORDER_BOOK_IN_SUSPENDED_STATE [100] ORDER_BOOK_IN_HALT_STATE [101] ORDER_BOOK_IN_EXPIRED_STATE [102] ORDER_BOOK_IN_LISTED_STATE [103] ORDER_BOOK_IN_POST_ONLY_STATE [104]
5040	NoCapacityEntries	Y	Number of repeating groups for capacity entries.
>5041	AvailableCapacity	Y	Remaining long/short trade limit capacity.
>5042	CapacityCurrency	Y	Long/short risk asset. Expect 2 entries for every spot order/instrument. Buy order example - BTC/USD order expect to see both Buy BTC and Sell USD entries. Sell order example - BTC/USD order expect to see both Sell BTC and Buy USD entries.
>5043	CapacitySide	Y	Long/short risk limit indicator: BUY [1] SELL [2]
58	Text	Y	Describes reason for rejection.
	Standard Footer	Y

Example

[BeginString]         8 = FIXT.1.1
[BodyLength]          9 = 142
[MsgType]            35 = 9
[SenderCompID]       49 = EDXM
[TargetCompID]       56 = USERNAME
[MsgSeqNum]          34 = 18
[SendingTime]        52 = 20240729-00:15:14.660
[OrderID]            37 = NONE
[ClOrdID]            11 = 14713347
[OrigClOrdID]        41 = 23523423
[OrdStatus]          39 = 8
[Account]             1 = USERNAME
[TransactTime]       60 = 20240729-00:15:14.655794062
[CxlRejResponseTo]  434 = 1
[CxlRejReason]      102 = 1
[Text]               58 = UNKNOWN_ORDER
[CheckSum]           10 = 195

Trade Capture Report

TradeCaptureReport (OUT)

Fields

Tag	Name	Required	Comments
	Standard Header	Y	MsgType 35=AE
571	TradeReportID	Y	Unique identifier of Trade Capture Report.
568	TradeRequestID	N	Trade Capture Report Request ID.
487	TradeReportTransType	N	Identifies Trade Report message transaction type.
37	OrderID	Y	Exchange provided OrderID.
11	ClOrdID	N	Client Identifier for the Order.
583	ClOrdLinkID	N	Client provided metadata for the order that is echoed on Execution Reports.
17	ExecID	Y	Unique identifier of execution message as assigned by the exchange.
150	ExecType	Y	Specifies the type of Execution Report: NEW [0] CANCELED [4] REPLACE [5] REJECTED [8] EXPIRED [C] TRADE [F] ORDER_STATUS [I]
325	UnsolicitedIndicator	N	Indicates whether or not message is being sent as a result of a subscription request or not.
527	SecondaryExecID	N	Assigned by the party which accepts the order. Can be used to provide the ExecID used by an exchange or executing system.
1	Account	N	Account associated with the order.
55	Symbol	N	The instrument for the Order. Example: BTC/USD, ETH/USD, LTC/USD
552	NoSides	Y	Number of Side repeating group instances. One side [1] Both sides [2]
54	Side	Y	Defines the side of an order. Buy [1] Sell [2]
32	LastQty	Y	Quantity bought/sold on this (last) fill.
31	LastPx	Y	Price of this (last) fill.
570	PreviouslyReported	Y	Indicates if the trade capture report was previously reported to the counterparty. Not reported to counterparty [N] Previously reported to counterparty [Y]
75	TradeDate	Y	Date of trade referenced in this message.
60	TransactTime	Y	Time of execution/order creation. UTC timestamp.
880	TrdMatchID	N	Identifier assigned to the trade by the matching system.
851	LastLiquidityInd	Y	Indicates the liquidity code for this execution: ADDED_LIQUIDITY [1] - The order added displayed liquidity to the Exchange book. REMOVED_LIQUIDITY [2] - The order removed liquidity from the Exchange book. RETAIL_LIQUIDITY_ADDED [70] - The order available for retail access only added liquidity to the Exchange book. RETAIL_LIQUIDITY_REMOVED [71] - The order available for retail access only removed liquidity from the Exchange book. DESIGNATED_RETAIL_ADDED [170] - The designated retail-only order added liquidity to the Exchange book. DESIGNATED_RETAIL_REMOVED [171] - The designated retail-only order removed liquidity from the Exchange book.
453	NoPartyIDs	N	Number of PartyID, PartyIDSource and PartyRole entries.
>448	PartyID	N	Party identifier/code.
>447	PartyIDSource	N	Identifies class or source of the PartyID value. Required if PartyID is specified. Note: applicable values depend upon PartyRole specified.
>452	PartyRole	N	Identifies the type or role of the PartyID specified.
1056	CalculatedCcyLastQty	N	Used for the calculated quantity of the other side of the currency trade.
15	Currency	N	Identifies currency used for price.
120	SettlCurrency	N	Currency code of settlement denomination.
136	NoMiscFees	N	Number of repeating groups of miscellaneous fee.
>137	MiscFeeAmt	N	Miscellaneous fee value.
>138	MiscFeeCurr	N	Currency of miscellaneous fee. Will match the quote asset associated with the traded instrument.
>139	MiscFeeType	N	Indicates type of miscellaneous fee. Valid values for EDX: EXCHANGE_FEES [4] OTHER [7] REBATE [33] Other represents estimated fees for new and replaced order status.
>891	MiscFeeBasis	N	Defines the unit for miscellaneous fee. Always ABSOLUTE [0]
9416	ExtendedExecInst	N	Designates that an order is a Retail order or a Retail Liquidity Providing order. DESIGNATED_RETAIL [R] - Indicates that this is a Retail Taker order. RETAIL_LIQUIDITY_PROVIDER [T] - Indicates that this is a Retail Maker order.
5001	EnrichedTradePx	N	Optional client display trade price, for internal use only.
828	TrdType	N	Conditionally required for perps instrument type trades. REGULAR_TRADE [0] - Occurs when the customer places orders in the open market. LIQUIDATION_TRADE [9000] - Occurs when the exchange's liquidation engine places an order in the open market.
	Standard Footer	Y

Example

[BeginString]              8 = FIXT.1.1
[BodyLength]               9 = 347
[MsgType]                 35 = AE
[SenderCompID]            49 = EDXM
[TargetCompID]            56 = USERNAME
[MsgSeqNum]               34 = 3
[SendingTime]             52 = 20250513-15:35:29.954
[TradeReportID]          571 = 3357396612971233282
[TradeRequestID]         568 = 01
[TradeReportTransType]   487 = 0
[OrderID]                 37 = 3357396612971233280
[ClOrdID]                 11 = 3
[ExecID]                  17 = 3357396612971233282
[ExecType]               150 = F
[UnsolicitedIndicator]   325 = N
[Account]                  1 = USERNAME
[Symbol]                  55 = BTC/USD
[NoSides]                552 = 1
[Side]                    54 = 1
[LastQty]                 32 = 0.01
[LastPx]                  31 = 103525.78
[PreviouslyReported]     570 = N
[TradeDate]               75 = 20250512
[TransactTime]            60 = 20250513-15:35:29.945323648
[TrdMatchID]             880 = 3357396612971233280
[LastLiquidityInd]       851 = 2
[NoPartyIDs]             453 = 1
[PartyID]                448 = USERNAME
[PartyIDSource]          447 = D
[PartyRole]              452 = 44
[CalculatedCcyLastQty]  1056 = 1035.2578
[Currency]                15 = BTC
[SettlCurrency]          120 = USD
[CheckSum]                10 = 003

Change Log

Date	Section/Message	Description
3/4/2024	N/A	Initial v1.0 release of FIX Drop Copy specifications for EDX Markets match engine.
3/14/2024	Logon Message	v1.0.1 Updated sample Logon message to include standard header/footer.
3/26/2024	Tag 851 - LastLiquidityInd	v1.0.2 Enumerated options for liquidity codes.
3/27/2024	Tag 580 - NoDates	v1.0.3 Removed.
4/5/2024	Trade Capture Report - NoMiscFees	v1.0.4 Added NoMiscFees repeating group to the Trade Capture Report message.
4/24/2024	ExecutionReport, OrderCancelReject	v1.0.5 Enumerated options for CxlRejReason and OrdRejReason codes
4/26/2024	Login (IN)	v1.0.6 Updated ResetSeqNumFlag
4/26/2024	Logout (OUT)	v1.0.6 Updated ResetSeqNumFlag
5/1/2024	Throttle Limits	v1.0.7 Added Throttle Limits
5/3/2024	ExecutionReport (OUT), OrderCancelReject (OUT)	v1.0.8 Specified the supported values for tag 39 (OrdStatus)
5/3/2024	TradeCaptureReport (OUT)	v1.0.8 Removed reference to D [RESTATED] and added I [ORDER STATUS] for Tag 150 (ExecType)
5/13/2024	Drop Copy Configuration	v1.0.9 Describe the 2 options
5/13/2024	Sequence Reset	v1.0.9 Added Sequence Reset section.
5/14/2024	ExecutionReport (OUT)	v1.0.10 AvgPx changed to “Always 0”
5/22/2024	Subscription Interaction Model	v1.0.11 Added section “Subscription Interaction model”
6/01/2024	TradeCaptureReportRequest (IN)	v1.0.12 Added information on Tag 880 for clarity
6/03/2024	TradeCaptureReportRequest (IN) > TradeDate	v1.0.13 Removed TradeDate
7/30/2024	Overview	v1.0.14 Interaction model broken down into several models for each corresponding message. Sequence Reset interaction model added. Test Request section added. Resend Request section added. Separated Standard Header into (IN) and (OUT) messages.
7/30/2024	Logon	v1.0.14 Logon interaction model added. Tag 1408 (DefaultCstmApplVerID) no longer in Logon (IN). Value/Comment added for tag 553 (Username) and tag 554 (Passphrase). Logon (OUT) tag 141 (ResetSeqNumFlag) req’d changed to Y. Logon (OUT) sample message updated. Logout (IN) matrix added. Logout (IN) sample message added. Logout (OUT) sample message added.
7/30/2024	Test Request	v1.0.14 Test Request matrix added. Test Request (OUT) sample message added. Heartbeat (IN) sample message added.
7/30/2024	Resend Request	v1.0.14 Resend Request (OUT) matrix added. Sequence Reset (IN) matrix added. Reject (OUT) matrix added. Resend Request (OUT) sample message added. Sequence Reset (IN) sample message added. Reject (OUT) sample message added.
7/30/2024	Trade Capture Report Request	v1.0.14 Trade Capture Report Request interaction model added. Trade Capture Report Request Ack matrix added.
7/30/2024	Execution Report	v1.0.14 Tag 11 (ClOrdID) changed req’d to Y. Added values to tag 150 (ExecType) Removed tag 636 (WorkingIndicator) Changed tag 1 (Account) req’d to Y. Changed tag 55 (Symbol) req’d to Y. Tag 854 (QtyType) removed. Tag 40 (OrdType) changed req’d to Y. Tag 432 (ExpireDate) removed. Tag 60 (TransactTime) changed req’d to Y. Tag 9416 (ExtendedExecInst) removed. Value added to tag 15 (Currency).
7/30/2024	Order Cancel Reject	v1.0.14 Tag 39 (OrdStatus) changed req’d to Y. Tag 636 (WorkingIndicator) removed. Tag 1 (Account) removed. Tag 60 (TransactTime) changed req’d to Y. Tag 75 (TradeDate) removed. Tag 58 (Text) changed req’d to Y. Trade Capture Report Request (IN) sample message added. Trade Capture Report Request Ack (OUT) sample message added. Execution Report New (OUT) sample message added. Execution Report Replace (OUT) sample message added. Execution Report Fill (OUT) sample message added. Execution Report Cancelled (OUT) sample message added. Execution Report Rejected (OUT) sample message added. Execution Report Expired (OUT) sample message added. Order Cancel Reject (OUT) sample message added. Trade Capture Report sample messages removed.
08/28/2024	TradeCaptureReportRequest (IN)	V1.0.15 Added recommended behavior for option 3.
08/29/2024	Execution Report	V1.0.15 Added: NoMiscFees >MiscFeeAmt >MiscFeeCurr >MiscFeeType >MiscFeeBasis
08/29/2024	Trade Capture Report	Tag 5001(EnrichedTradePx) added
08/31/2024	Trade Capture Report	v1.0.16 TrdType added to TradeCaptureReport
12/23/2024	Execution Report	v1.0.17 Added values sent in Text for unsolicited cancellations due to risk limit breaches Added Tag 9416 (ExtendedExecInst)
01/22/2025	OrderCancelReject	V1.0.18 Added Tag 1 Account
05/15/2025	Execution Report	V1.0.19 AvgPx will return the Calculated average price for fills and partial fills.
06/12/2025	Standard Header (OUT)	V1.0.20 Added Tag 57 TargetSubID
7/15/2025	OrderCancelReject(OUT), ExecutionReport(OUT)	V1.0.21 Added Capacity Tags to Reject (OUT) messages: 5040 NoCapacityEntries >5041 AvailableCapacity >5042 CapacityCurrency >5043 CapacitySide
03/07/2026	Execution Report	V1.0.22 Added MARKET [1] to Tag 40 OrdType Added 152 CashOrdQty Added 5151 LeavesQuoteQty Added 5152 CumQuoteQty
03/07/2026	Execution Report	V1.0.23 Added 152 CashOrdQty for LIMIT [2] OrdType Added 5151 LeavesQuoteQty for LIMIT [2] OrdType Added 5152 CumQuoteQty for LIMIT [2] OrdType

Overview​

Supported Messages​

Drop Copy Configuration​

Session Recovery​

Trade Capture Report Request​

TradeCaptureReportRequest (IN)​

Fields​

Example​

TradeCaptureReportRequestAck (OUT)​

Fields​

Example​

ExecutionReport (OUT)​

Fields​

Example (NEW)​

Example (REPLACE)​

Example (TRADE)​

Example (CANCELLED)​

Example (REJECTED)​

Example (EXPIRED)​

OrderCancelReject (OUT)​

Fields​

Example​

Trade Capture Report​

TradeCaptureReport (OUT)​

Fields​

Example​

Change Log​

Overview

Supported Messages

Drop Copy Configuration

Session Recovery

Trade Capture Report Request

TradeCaptureReportRequest (IN)

Fields

Example

TradeCaptureReportRequestAck (OUT)

Fields

Example

ExecutionReport (OUT)

Fields

Example (NEW)

Example (REPLACE)

Example (TRADE)

Example (CANCELLED)

Example (REJECTED)

Example (EXPIRED)

OrderCancelReject (OUT)

Fields

Example

Trade Capture Report

TradeCaptureReport (OUT)

Fields

Example

Change Log