List Execute (MsgType = L, FIXML = ListExct)

The List Execute (L) message type is used by institutions to instruct the broker to begin execution of a previously submitted list. This message may or may not be used, as it may be mirroring a phone conversation.

Tag Field Name FIXML Req'd Comments
<Standard Message Header> Y MsgType = L
66 ListID @ListID Y Must be unique, by customer, for the day
391 ClientBidID @ClBidID N Used with BidType (394) =Disclosed to provide the sell side the ability to determine the direction of the trade to execute.
390 BidID @BidID N
60 TransactTime @TxnTm Y Time this order request was initiated/released by the trader or trading system.
58 Text @Txt N
354 EncodedTextLen @EncTxtLen C Must be set if EncodedText (355) field is specified and must immediately precede it.
355 EncodedText @EncTxt C Encoded (non-ASCII characters) representation of the Text (58) field in the encoded format specified via the MessageEncoding (347) field.
<Standard Message Trailer> Y