iLink 2 Quote Request
The Quote Request (tag 35-MsgType=R) message generates a Request for Quote to solicit a quote on an instrument.
The → symbol indicates a repeating tag.
If a repeating group in this message is not structured correctly, a Business Level Reject (tag 35=j) message will be sent with tag 58=Malformed Message <First Tag description (tag number) > Not First Tag of Repeating Group.
General Rules for Quote Request
Tag 54-Side and tag 38-OrderQty are optional.
If tag 9943-QuoteType is present, tag 54-Side must equal 1 (Buy) or 2 (Sell) . '8' (Cross) is not allowed.
Violation of any of these rules results in a Business Level Reject (tag 35=j) message.
Specific Rules for Quote Request for Cross
Tag 54-Side must = 8 (Cross).
Tag 9943-QuoteType cannot be present.
Tag 38-OrdQty is optional.
Violation of any of these rules results in a Business Level Reject (tag 35=j) message.
Tag | Name | Enumeration | Req | Description | |
---|---|---|---|---|---|
 |  |  |  |  | |
35 | MsgType | String(2) | R=Quote Request | Y | Header tag identifying message type. |
131 | QuoteReqID | String(23) | Â | Y | Unique identifier for quote request message. |
146 | NoRelatedSym | Int(3) | 1 | Y | Must=1; only one request supported per message. |
→55 | Symbol | String(6) |  | Y | This tag contains the Group Code of the instrument. Note: Tag 55-Symbol must come directly after tag 146-NoRelatedSym or the message will be rejected. |
→38 | OrderQty | Qty(9) |  | N | Order quantity. If tag 54= 1 (Buy) or 2 (Sell), this tag is required. If tag 54-Side=8 (Cross), this is optional. |
→54 | Side | Char(1) | 1=Buy 2=Sell 8=Cross | N | Indicates Quote Request side as Buy or Sell. For Quote Request for Cross, to notify the market of intent to submit a Cross on CME Globex, tag 54-Side must = 8 prior to submitting the iLink 2 New Order Cross message. |
→60 | TransactTime | UTCTimestamp(21) |  | N | UTC format YYYYMMDD-HH:MM:SS.sss |
→107 | SecurityDesc | String(20) |  | Y* | Instrument identifier. |
→167 | SecurityType | String(3) | FUT=Future OPT=Option IRS=Interest Rate Swap FXSPOT=FX Spot | Y* | Indicates instrument is future or option. |
→9943 | QuoteType | Int(1) | 1=Tradable | N | When tag 54-Side = 1 (Buy) , 2 (Sell), or not present, this tag must be present and = 1 for tradable.  Tag 9943 is not allowed for Quote Requests where 54-Side=8 (Cross). If this tag is present for a Quote Request for Cross, the message will be rejected with a Business Level Reject (tag 35=j) message. |
5149 | Memo | String(75) | Â | N | Allows users to submit a free-form Note tag with a customer order and persists from order entry through clearing Note: if tag 5149-Memo value on inbound messages exceeds the max length of 75 bytes, iLink will return a truncated 75 bytes from the right on the response. |
1028 | ManualOrderIndicator | Boolean(1) | Y=manual | Y* | 'N' indicates the message was generated by automated trading logic. Note:Â iLink messages containing a value other than 'Y' or 'N' in this tag will be rejected. This tag is subject to Rule 536.B.2 Electronic Audit Trail Requirements for Electronic Order Routing/Front-End Systems. |
 |  |  |  | End of message. |
Y: Required by FIX protocol, Y*: Required by CME Globex (not by FIX protocol), N: Not Required, C: Conditionally
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