ZagTrader

FIX Protocol Tag 574: MatchType

MatchType is a string field used in 20 FIX message types, including Execution Report (35=8), Trade Capture Report (35=AE) and Market Data Snapshot Full Refresh (35=W). It is defined in FIX 4.3 to 5.0 SP2 and has 35 enumerated values.

Tag number
574
Data type
STRING
FIX versions
FIX 4.3 to 5.0 SP2
Used in
20 message types

Tag 574 in each FIX version

Values and message usage as defined in a specific version.

Data type

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

Valid values

35 enumerated values across all FIX versions.

ValueMeaningFIX versions
1One party trade report5.0, 5.0 SP1, 5.0 SP2
2Two party trade report5.0, 5.0 SP1, 5.0 SP2
3Confirmed trade report5.0, 5.0 SP1, 5.0 SP2
4Auto match5.0, 5.0 SP1, 5.0 SP2
5Cross auction5.0, 5.0 SP1, 5.0 SP2
6Counter order selection5.0, 5.0 SP1, 5.0 SP2
7Call auction5.0, 5.0 SP1, 5.0 SP2
8Issuing5.0 SP1, 5.0 SP2
9Systematic internaliser5.0 SP2
10Auto match last look5.0 SP2
11Cross auction last look5.0 SP2
60One party privately negotiated trade report5.0
61Two party privately negotiated trade report5.0
62Continuous auto match5.0
63Cross auction5.0
64Counter order selection5.0
65Call auction5.0
S5A5 exact match summarized quantityAll
M1Exact match minus badges timesAll
M6Actm6 matchAll
M5Act default after M2All
M3Act accepted tradeAll
S2A2 exact match summarized quantityAll
S3A3 exact match summarized quantityAll
S4A4 exact match summarized quantityAll
M2Summarized match minus badges timesAll
A2Exact match plus4 badgesAll
A3Exact match plus2 badges exec timeAll
A4Exact match plus2 badgesAll
AQStamped advisories or specialist acceptsAll
MTOCS locked inAll
M4Act default tradeAll
A1Exact match plus4 badges exec timeAll
S1A1 exact match summarized quantityAll
A5Exact match plus exec timeAll

Example

574=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 574

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.