Derivatives FIX Drop Copy Messages

The FIX Drop Copy session sends Execution Report (35=8) messages to the executing parties and client who might want a record of the trade.

Drop Copy Message Types

Customers can choose to receive Execution Reports over Drop Copy at two levels: Trade Execution and Order Status.

Trade Execution

Trade Execution Reports

• Trade (150=F): Complete and partial fills.
• Trade Correction (150=G): Trade Correction on previously published fill.
• Trade Cancel (150=H): Trade Bust message on previously published fill.

Order Status

Order Status Reports

• New/Canceled/Replaced Order (150=0/4/5): Confirms new, canceled, or replaced order:
  • New Order (150=0): Confirms NewOrderSingle message.
  • Canceled Order (150=4): Confirms OrderCancelRequest message or unsolicited cancel.
  • Replaced Order (150=5): Confirms OrderCancel/ReplaceRequest message.
• Rejected Order (150=8): Sent in case a new or cancel/replace order message is rejected.
• Done for Day (150=3): Sent for all currently open orders after the trading day closes.
• Expired Order (150=C): Sent for expired Day orders.

Parties Repeating Group (453)

Tag	Name	FIX Type	Req	Description
453	NoPartyIDs	NumInGroup	Y	Number of PartyIDs in repeating group: Always 453=4.
→ 448	PartyID	String(20)	Y	Party identifier/code
→ 447	PartyIDSource	Char	Y	447 = D (Proprietary)
→ 452	PartyRole	Int	Y	1 - Subfirm Code 4 - Clearing Firm Code 11 - Order Originating Trader 55 - Session ID

Trade Execution

Trade (150=F)

Sent by the Coinbase Derivatives Exchange system to report a trade.

Tag	Name	FIX Type	Req	Description
1	Account	String(12)	Y	Unique ID representing the account.
453	NoPartyIDs	NumInGroup	Y	Represents the Parties repeating group. See Parties Repeating Group (453).
11	ClOrdID	String(20)	Y	Unique client ID representing the order. Client system must maintain uniqueness of this value for the life of the order.
14	CumQty	Int(9)	Y	Cumulated traded quantity throughout lifespan of an order.
17	ExecID	String(40)	Y	Unique exchange ID representing the trade execution.
880	TrdMatchID	String (20)	Y	Unique exchange ID representing a match event that results in multiple executions or trades.
31	LastPx	Price(20)	Y	Price at which order was filled.
32	LastQty	Int(9)	Y	Quantity filled.
37	OrderID	String(17)	Y	Unique exchange ID representing the order.
38	OrderQty	Int(9)	C	Order quantity.
39	OrdStatus	Char(1)	Y	Represents order status, "Partial Fill" (1) or "Complete Fill" (2). See OrdStatus (39) code set.
40	OrdType	Char(1)	Y	Order type such as market, limit, etc. See OrdType (40) code set.
41	OrigClOrdID	String(20)	N	Last accepted ClOrdID in the order chain.
44	Price	Price(20)	C	Price per single contract unit. For Execution Report messages sent in response to Market or Stop orders (with protection), Price is the Protection Price Limit (best available price +/- protection points). If the order is not completely filled, the remaining open quantity rests on the order book at the Protection Price Limit. Note: For spread trade Execution Reports, Price (44) is sent in the Execution Report – Fill Notice (35=8, 39=1 or 2) for the spread only and not the legs of the spread.
54	Side	Char(1)	Y	Side of order. See Side (54) code set.
55	Symbol	String(24)	Y	Represents details of an instrument. Future Example: EUM20.
167	SecurityType	String(6)	N	Represents security type. See SecurityType (167) code set.
59	TimeInForce	Char(1)	N	Represents how long the order remains in effect. Default is 59=0 (TimeInForce="Day"). For 59=3 (TimeInForce="FAK"), MinQty can also be specified. See TimeInForce (59) code set.
60	TransactTime	UTCTimeStamp(21)	Y	Time when the order message was submitted. UTC format YYYYMMDD-HH:MM:SS.sss in microseconds. Example: 20091216-19:21:41.109
18	ExecInst	Char	N	The execution instruction flags for the order. Supported values: 6 = Add Liquidity Only (Post Only)
75	TradeDate	LocalMktDate(8)	Y	Indicates date of trade reference in this message in YYYYMMDD format.
150	ExecType	Char(1)	Y	Represents execution type, "Trade" (150=F). See ExecType (150) code set.
151	LeavesQty	Int(9)	C	Number of contracts remaining for execution after this fill.
393	TotalNumSecurities	Int(3)	N	Number of leg fill acknowledgment messages sent with spread summary. Sent for spread fill messages only.
442	MultiLegReportingType	Int(1)	N	Represents acknowledgment of Outright, Leg of Spread, and Spread. See MultiLegReporting (442) code set.
527	SecondaryExecID	String(40)	C	Unique exchange ID representing link between spread summary fill notice with leg fill notice and trade cancel messages.
528	OrderCapacity	Int(1)	Y	Represents the type of business conducted: 528=0 = Customer/Agency 528=1 = Principal
1028	ManualOrderIndicator	Boolean(1)	Y	Represents whether or not the order was generated manually (Y) or automatically (N) with trading software. See ManualOrderIndicator (1028) code set.
1031	CustOrderHandlingInst	String(1)	Y	Source of the original order. See CustOrderHandlingInst (1031) code set.
1057	AggressorIndicator	Char(1)	C	Represents the order as incoming or resting for the match event. See AggressorIndicator (1057) code set.
5979	RequestTime	Int(20)	N	Time when the request was received by the exchange. UTC format in microseconds: YYYYMMDD-HH:MM:SS.sss.
828	TrdType	Int(1)	N	Type of trade, only populated if enabled for blocks. Block trades are set to 1 (828=1). For all other trade types, TrdType is null.

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Trade Correction (150=G)

Tag	Name	FIX Type	Req	Description
1	Account	String(12)	Y	Unique ID representing the account.
453	NoPartyIDs	NumInGroup	Y	Represents the Parties repeating group. See Parties Repeating Group (453).
11	ClOrdID	String(20)	Y	Unique client ID representing the order. Client system must maintain uniqueness of this value for the life of the order.
14	CumQty	Int(9)	Y	Cumulated traded quantity throughout lifespan of an order.
17	ExecID	String(40)	Y	Unique exchange ID representing the trade execution.
19	ExecRefID	String(40)	Y	Unique ID representing the trade being corrected.
31	LastPx	Price(20)	Y	Price at which order was filled.
32	LastQty	Int(9)	Y	Quantity filled.
37	OrderID	String(17)	Y	Unique exchange ID representing the order.
39	OrdStatus	Char(1)	Y	Represents order status, "Partial Fill" (1) or "Complete Fill" (2). See OrdStatus (39) code set.
41	OrigClOrdID	String(20)	N	Last accepted ClOrdID in the order chain.
54	Side	Char(1)	Y	Side of order. See Side (54) code set.
55	Symbol	String(24)	Y	Represents details of an instrument. Future Example: EUM20.
167	SecurityType	String(6)	N	Represents security type. See SecurityType (167) code set.
60	TransactTime	UTCTimeStamp(21)	Y	Time when the order message was submitted. UTC format YYYYMMDD-HH:MM:SS.sss in microseconds. Example: 20091216-19:21:41.109
75	TradeDate	LocalMktDate(8)	Y	Indicates date of trade reference in this message in YYYYMMDD format.
150	ExecType	Char(1)	Y	Represents execution type, "Trade Correct" (150=G). See ExecType (150) code set.
393	TotalNumSecurities	Int(3)	N	Number of leg fill acknowledgment messages sent with spread summary. Sent for spread fill messages only.
442	MultiLegReportingType	Int(1)	N	Represents acknowledgment of Outright, Leg of Spread, and Spread. See MultiLegReporting (442) code set.
527	SecondaryExecID	String(40)	C	Unique exchange ID representing link between spread summary fill notice with leg fill notice and trade cancel messages.
1028	ManualOrderIndicator	Boolean(1)	Y	Represents whether or not the order was generated manually (Y) or automatically (N) with trading software. See ManualOrderIndicator (1028) code set.
1031	CustOrderHandlingInst	String(1)	Y	Source of the original order. See CustOrderHandlingInst (1031) code set.
5979	RequestTime	Int(20)	N	Time when the request was received by the exchange. UTC format in microseconds: YYYYMMDD-HH:MM:SS.sss.
880	TradeMatchId	String(20)	Y	Unique exchange identifier to identify both sides of a match

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Trade Cancel (150=H)

Tag	Name	FIX Type	Req	Description
1	Account	String(12)	Y	Unique ID representing the account.
453	NoPartyIDs	NumInGroup	Y	Represents the Parties repeating group. See Parties Repeating Group (453).
11	ClOrdID	String(20)	Y	Unique client ID representing the order. Client system must maintain uniqueness of this value for the life of the order.
14	CumQty	Int(9)	Y	Cumulated traded quantity throughout lifespan of an order.
17	ExecID	String(40)	Y	Unique exchange ID representing the trade execution.
880	TrdMatchID	String (20)	Y	Unique exchange ID representing a match event that results in multiple executions or trades.
19	ExecRefID	String(40)	Y	Unique ID representing the trade being corrected.
31	LastPx	Price(20)	Y	Price at which order was filled.
32	LastQty	Int(9)	Y	Quantity filled.
37	OrderID	String(17)	Y	Unique exchange ID representing the order.
39	OrdStatus	Char(1)	Y	Represents order status, "Partial Fill" (1) or "Complete Fill" (2). See OrdStatus (39) code set.
41	OrigClOrdID	String(20)	N	Last accepted ClOrdID in the order chain.
54	Side	Char(1)	Y	Side of order. See Side (54) code set.
55	Symbol	String(24)	Y	Represents details of an instrument. Future Example: EUM20.
167	SecurityType	String(6)	N	Represents security type. See SecurityType (167) code set.
60	TransactTime	UTCTimeStamp(21)	Y	Time when the order message was submitted. UTC format YYYYMMDD-HH:MM:SS.sss in microseconds. Example: 20091216-19:21:41.109
75	TradeDate	LocalMktDate(8)	Y	Indicates date of trade reference in this message in YYYYMMDD format.
150	ExecType	Char(1)	Y	Represents execution type, "Trade Cancel" (150=H). See ExecType (150) code set.
393	TotalNumSecurities	Int(3)	N	Number of leg fill acknowledgment messages sent with spread summary. Sent for spread fill messages only.
442	MultiLegReportingType	Int(1)	N	Represents acknowledgment of Outright, Leg of Spread, and Spread. See MultiLegReporting (442) code set.
527	SecondaryExecID	String(40)	C	Unique exchange ID representing link between spread summary fill notice with leg fill notice and trade cancel messages.
1028	ManualOrderIndicator	Boolean(1)	Y	Represents whether or not the order was generated manually (Y) or automatically (N) with trading software. See ManualOrderIndicator (1028) code set.
1031	CustOrderHandlingInst	String(1)	Y	Source of the original order. See CustOrderHandlingInst (1031) code set.
5979	RequestTime	Int(20)	N	Time when the request was received by the exchange. UTC format in microseconds: YYYYMMDD-HH:MM:SS.sss.

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Order Status

New/Canceled/Replaced Order (35=8, 150=0/4/5)

New (150=0), Canceled (150=4), and Replaced (150=5) reports share the same subset of Execution Report tags.

• New (150=0): Confirms new order in response to NewOrderSingle message. Sent for every new order, even those matched immediately.
• Canceled (150=4): Confirms order is canceled in response to OrderCancelRequest, or is an unsolicited cancel. A separate message is not sent for the canceled order itself.
• Replaced (150=5): Confirms order is replaced in response to OrderCancel/ReplaceRequest. A separate message is not sent for the replaced order itself.

note

These reports were formerly grouped as "Accepted" in the PDF docs.

Tag	Name	FIX Type	Req	Description
1	Account	String(12)	Y	Unique ID representing the account.
453	NoPartyIDs	NumInGroup	Y	Represents the Parties repeating group. See Parties Repeating Group (453).
11	ClOrdID	String(20)	Y	Unique client ID representing the order. Client system must maintain uniqueness of this value for the life of the order.
14	CumQty	Int(9)	Y	Cumulated traded quantity throughout lifespan of an order.
17	ExecID	String(40)	Y	Unique exchange ID representing the trade execution.
37	OrderID	String(17)	Y	Unique exchange ID representing the order.
38	OrderQty	Int(9)	Y	Order quantity.
39	OrdStatus	Char(1)	Y	Represents order status, "New", "Canceled", or "Modify" (replaced). See OrdStatus (39) code set. 0 = New 4 = Canceled 5 = Modify
40	OrdType	Char(1)	Y	Order type. Market orders are not accepted during opening auction. See OrdType (40) code set.
41	OrigClOrdID	String(20)	N	Last accepted ClOrdID in the order chain.
44	Price	Price(20)	C	Price per single contract unit. Required for limit or stop-limit orders.
54	Side	Char(1)	Y	Side of order. See Side (54) code set.
55	Symbol	String(24)	Y	Represents details of an instrument. Future Example: EUM20
167	SecurityType	String(6)	N	Represents security type. See SecurityType (167) code set.
59	TimeInForce	Char(1)	N	Represents how long the order remains in effect. Default is 59=0 (TimeInForce="Day"). For 59=3 (TimeInForce="FAK"), MinQty can also be specified. See TimeInForce (59) code set.
60	TransactTime	UTCTimestamp(21)	Y	Time when the order message was submitted. UTC format YYYYMMDD-HH:MM:SS.sss in microseconds. Example: 20091216-19:21:41.109
99	StopPx	Price(20)	C	Stop price of the order. Required for stop and stop-limit orders.
18	ExecInst	Char	N	The execution instruction flags for the order. Supported values: 6 = Add Liquidity Only (Post Only)
110	MinQty	Int(9)	N	Minimum quantity of an order to be executed. Used only when 59=3 (TimeInForce)="Fill and Kill").
150	ExecType	Char(1)	Y	Represents execution type, New (150=0), Canceled (150=4), or Replaced (150=5). See ExecType (150) code set.
151	LeavesQty	int(9)	Y	Number of contracts remaining for execution.
210	MaxShow	Qty(9)	N	Maximum quantity within an order to be shown in the order book at any given time.
378	ExecRestatementReason	Int(3)	N	Reason why the order was canceled by the system (e.g., cancel on disconnect, self-match prevention, etc.). See ExecRestatementReason (378) code set.
432	ExpireDate	LocalMktDate(8)	C	Order expiration date, or the last day the order could trade.
528	OrderCapacity	Int(1)	C	Pass through field from/when present in NewOrder. Identifies origin of order (i.e., capacity of firm placing the order). See OrderCapacity (528) code set.
582	CustOrderCapacity	Char(1)	C	Pass through field from/when present in NewOrder. Customer Type Indicator as defined by NFA. See CustOrderCapacity (582) code set.
1028	ManualOrderIndicator	Boolean(1)	Y	Represents whether or not the order was generated manually (Y) or automatically (N) with trading software. See ManualOrderIndicator (1028) code set.
1031	CustOrderHandlingInst	String(1)	Y	Source of the original order. See CustOrderHandlingInst (1031) code set.
5979	RequestTime	Int(20)	N	Time when the request was received by the exchange. UTC format in microseconds: YYYYMMDD-HH:MM:SS.sss.
7928	SelfMatchPreventionID	Int(8)	C	Unique ID (per executing firm) representing two orders that should not match. Required when market participants enable SelfMatch Prevention. Max length is 8 digits.
8000	SelfMatchPreventionStrategy	Char(1)	N	Represents type of cancel instruction when SelfMatch Prevention is triggered. Client systems must also include SelfMatchPreventionID (7928) on the originating message. See SelfMatchPreventionStrategy (8000) code set.

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Rejected Order (150=8)

Message notifies client system of a rejected order.

Tag	Name	FIX Type	Req	Description
1	Account	String(12)	Y	Unique ID representing the account.
453	NoPartyIDs	NumInGroup	Y	Represents the Parties repeating group. See Parties Repeating Group (453).
11	ClOrdID	String(20)	Y	Unique client ID representing the order. Client system must maintain uniqueness of this value for the life of the order.
14	CumQty	Int(9)	Y	Cumulated traded quantity throughout lifespan of an order.
17	ExecID	String(40)	Y	Unique exchange ID representing the trade execution.
37	OrderID	String(17)	Y	Unique exchange ID representing the order.
38	OrderQty	Int(9)	C	Order quantity.
39	OrdStatus	Char(1)	Y	Represents order status, "Rejected" (8). See OrdStatus (39) code set.
40	OrdType	Char(1)	Y	Order type such as market, limit, etc. See OrdType (40) code set.
41	OrigClOrdID	String(20)	N	Last accepted ClOrdID in the order chain.
44	Price	Price(20)	C	Price per single contract unit.
54	Side	Char(1)	Y	Side of order. See Side (54) code set.
55	Symbol	String(20)	Y	Represents details of an instrument. Future Example: EUM20.
167	SecurityType	String(6)	N	Represents security type. See SecurityType (167) code set.
58	Text	String(200)	N	Error code message. See OrdRejReason (103) code set.
59	TimeInForce	Char(1)	N	Represents how long the order remains in effect. Default is 59=0 (TimeInForce="Day"). For 59=3 (TimeInForce="FAK"), MinQty can also be specified. See TimeInForce (59) code set.
60	TransactTime	UTCTimeStamp(21)	Y	Time when the order message was submitted. UTC format YYYYMMDD-HH:MM:SS.sss in microseconds. Example: 20091216-19:21:41.109
18	ExecInst	Char	N	The execution instruction flags for the order. Supported values: 6 = Add Liquidity Only (Post Only)
103	OrdRejReason	Int(6)	N	Error code. See OrdRejReason (103) code set.
150	ExecType	Char(1)	Y	Represents execution type, "Rejected" (150=8). See ExecType (150) code set.
1028	ManualOrderIndicator	Boolean(1)	Y	Represents whether or not the order was generated manually (Y) or automatically (N) with trading software. See ManualOrderIndicator (1028) code set.
1031	CustOrderHandlingInst	String(1)	Y	Source of the original order. See CustOrderHandlingInst (1031) code set.

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Done for Day (150=3)

Reports with execution type Done for Day (150=3) are sent by the exchange to the firms that need the status of their open orders after the trading session is closed.

Tag	Name	FIX Type	Req	Description
1	Account	String(12)	Y	Unique ID representing the account.
453	NoPartyIDs	NumInGroup	Y	Represents the Parties repeating group. See Parties Repeating Group (453).
11	ClOrdID	String(20)	Y	Unique client ID representing the order. Client system must maintain uniqueness of this value for the life of the order.
14	CumQty	Int(9)	Y	Cumulated traded quantity throughout lifespan of an order.
17	ExecID	String(40)	Y	Unique exchange ID representing the trade execution.
37	OrderID	String(17)	Y	Unique exchange ID representing the order.
38	OrderQty	Int(9)	C	Order quantity.
39	OrdStatus	Char(1)	Y	Represents order status, "Done for the Day" (39=3). See OrdStatus (39) code set.
40	OrdType	Char(1)	Y	Order type such as market, limit, etc. See OrdType (40) code set.
41	OrigClOrdID	String(20)	N	Last accepted ClOrdID in the order chain.
44	Price	Price(20)	C	Price per single contract unit.
54	Side	Char(1)	Y	Side of order. See Side (54) code set.
55	Symbol	String(24)	Y	Represents details of an instrument. Future Example: EUM20.
167	SecurityType	String(6)	N	Represents security type. See SecurityType (167) code set.
59	TimeInForce	Char(1)	N	Represents how long the order remains in effect. Default is 59=0 (TimeInForce="Day"). For 59=3 (TimeInForce="FAK"), MinQty can also be specified. See TimeInForce (59) code set.
60	TransactTime	UTCTimeStamp(21)	Y	Time when the order message was submitted. UTC format YYYYMMDD-HH:MM:SS.sss in microseconds. Example: 20091216-19:21:41.109
75	TradeDate	LocalMktDate(8)	Y	Date of trading day, local time in YYYYMMDD format. When absent, represents the current day.
150	ExecType	Char(1)	Y	Represents execution type, "Done for Day" (150=3). See ExecType (150) code set.
151	LeavesQty	Int(9)	C	Number of contracts remaining for execution.
1028	ManualOrderIndicator	Boolean(1)	Y	Represents whether or not the order was generated manually (Y) or automatically (N) with trading software. See ManualOrderIndicator (1028) code set.
1031	CustOrderHandlingInst	String(1)	Y	Source of the original order. See CustOrderHandlingInst (1031) code set.
5979	RequestTime	Int(20)	N	Time when the request was received by the exchange. UTC format in microseconds: YYYYMMDD-HH:MM:SS.sss.

Expired Order (150=C)

Reports with execution type Expired (150=C) are sent by the exchange to the firms that need the track the expiration of their time-limited orders (such as DAY).

Tag	Name	FIX Type	Req	Description
1	Account	String(12)	Y	Unique ID representing the account.
453	NoPartyIDs	NumInGroup	Y	Represents the Parties repeating group. See Parties Repeating Group (453).
11	ClOrdID	String(20)	Y	Unique client ID representing the order. Client system must maintain uniqueness of this value for the life of the order.
14	CumQty	Int(9)	Y	Cumulated traded quantity throughout lifespan of an order.
17	ExecID	String(40)	Y	Unique exchange ID representing the trade execution.
37	OrderID	String(17)	Y	Unique exchange ID representing the order.
38	OrderQty	Int(9)	Y	Order quantity. Must be a positive integer.
39	OrdStatus	Char(1)	Y	Represents order status, "Expired" (C). See OrdStatus (39) code set.
40	OrdType	Char(1)	Y	Order type such as market, limit, etc. See OrdType (40) code set.
41	OrigClOrdID	String(20)	N	Last accepted ClOrdID in the order chain.
44	Price	Price(20)	N	Price per single contract unit.
54	Side	Char(1)	Y	Side of order. See Side (54) code set.
55	Symbol	String(20)	Y	Represents details of an instrument. Future Example: EUM20
167	SecurityType	String(6)	N	Represents security type. See SecurityType (167) code set.
59	TimeInForce	Char(1)	N	Represents how long the order remains in effect. Default is 59=0 (TimeInForce="Day"). For 59=3 (TimeInForce="FAK"), MinQty can also be specified. See TimeInForce (59) code set.
60	TransactTime	UTCTimestamp(21)	N	Time when the order message was submitted. UTC format YYYYMMDD-HH:MM:SS.sss in microseconds. Example: 20091216-19:21:41.109
110	MinQty	Int(9)	C	Sent in the Order Elimination message if the originating order was a FAK/FOK/MinQty that contained tag MinQty (110).
150	ExecType	Char(1)	Y	Represents execution type, "Expired" (150=C). See ExecType (150) code set.
151	LeavesQty	Int(9)	Y	Number of contracts remaining for execution. Always 151=0.
378	ExecRestatementReason	Int(3)	N	Reason why the order was canceled by the system (e.g., cancel on disconnect, self-match prevention, etc.). See ExecRestatementReason (378) code set.
528	OrderCapacity	Int(1)	C	Pass through field from/when present in NewOrder. Identifies origin of order (i.e., capacity of firm placing the order). See OrderCapacity (528) code set.
1028	ManualOrderIndicator	Boolean(1)	Y	Represents whether or not the order was generated manually (Y) or automatically (N) with trading software. See ManualOrderIndicator (1028) code set.
1031	CustOrderHandlingInst	String(1)	Y	Source of the original order. See CustOrderHandlingInst (1031) code set.
7928	SelfMatchPreventionID	Int(8)	N	Unique ID (per executing firm) representing two orders that should not match. Required when market participants enable SelfMatch Prevention. Max length is 8 digits.
8000	SelfMatchPreventionStrategy	Char(1)	N	Represents type of cancel instruction when SelfMatch Prevention is triggered. Client systems must also include SelfMatchPreventionID (7928) on the originating message. See SelfMatchPreventionStrategy (8000) code set.
5979	RequestTime	Int(20)	N	Time when the request was received by the exchange. UTC format in microseconds: YYYYMMDD-HH:MM:SS.sss.

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