FIX Protocol Tag 56: TargetCompID

Identifies the firm receiving the message.

Tag number: 56
Data type: STRING
FIX versions: FIX 4.0 to 5.0 SP2 and FIXT 1.1
Location: Standard header

Tag 56 in each FIX version

Values and message usage as defined in a specific version.

FIX 4.0
FIX 4.1
FIX 4.2
FIX 4.3
FIX 4.4
FIX 5.0
FIX 5.0 SP1
FIX 5.0 SP2

Data type

STRING: Text of printable characters. It cannot contain the SOH delimiter.

Example

56=SELLSIDE

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 56

TargetCompID belongs to the standard message header, which every FIX message carries, so it is not listed against individual message types.

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.