ZagTrader

FIX Protocol Tag 21: HandlInst

Order handling instruction for the broker: automated execution with no broker intervention, automated execution with broker intervention allowed, or manual handling.

Tag number
21
Data type
CHAR
FIX versions
FIX 4.0 to 5.0 SP2
Used in
8 message types

Practical notes on HandlInst

HandlInst tells the broker how the order may be handled: 1 automated with no broker intervention, 2 automated with intervention allowed, 3 manual.

  • Electronic order flow to brokers and venues normally sends 1.

Changes between FIX versions

  • Required on New Order Single up to FIX 4.3, optional from FIX 4.4. Venues still often require it.

Tag 21 in each FIX version

Values and message usage as defined in a specific version.

Data type

CHAR: A single character.

Valid values

3 enumerated values across all FIX versions.

ValueMeaning
1Automated execution order, private, no broker intervention
2Automated execution order, public, broker intervention OK
3Manual order, best execution

Example

21=1

Illustrative value. In a message, fields are separated by the SOH character (0x01), often shown as | or ^ in logs.

Decode a message with this tag

Message types that use tag 21

Covers every version from FIX 4.0 to 5.0 SP2, including fields reached through components and repeating groups. The version pages above show whether the tag is required in each message.

Field and message data comes from the QuickFIX data dictionaries for FIX 4.0 to 5.0 SP2 and FIXT 1.1, used under the QuickFIX Software License. This product includes software developed by quickfixengine.org (http://www.quickfixengine.org/). Enumerated value names are converted to plain text for reading.