Execution Reports - New - Paxos Documentation

Execution Reports – New

After submitting a New Order, Paxos sends two Execution Reports confirming receipt and acceptance:

Pending New (ExecType (150) = A) — Acknowledgement that the order was received.
New (ExecType (150) = 0) — Confirmation that the order is active on the book.

Standard FIX Fields

Tag	Field	When Present	Notes
`8`	BeginString	Always	Standard FIX header
`9`	BodyLength	Always	Standard FIX header
`35`	MsgType	Always	`8` (Execution Report)
`49`	SenderCompID	Always	Standard FIX header
`56`	TargetCompID	Always	Standard FIX header
`34`	MsgSeqNum	Always	Standard FIX header
`52`	SendingTime	Always	Standard FIX header

Standard FIX Trailer

Tag	Field	When Present	Notes
`10`	CheckSum	Always

Response Fields

Pending New
New

ExecType (150) = A, OrdStatus (39) = A (Pending New).

OrderID (37) is set to all zeros (00000000-0000-0000-0000-000000000000) for Pending New. The actual OrderID is assigned in the New execution report.

Always Present

Tag	Field	When Present	Notes
`54`	Side	Always	`1` = Buy, `2` = Sell
`150`	ExecType	Always	`A` (Pending New)
`32`	lastShares	Always	`0`
`109`	ClientID	Always
`1`	Account	Always
`31`	LastPx	Always	`0`
`151`	LeavesQty	Always	Order quantity
`12`	Commission	Always	`0.0`
`13`	CommType	Always	`3` (Absolute Value)
`60`	TransactTime	Always
`58`	Text	Always	`Pending New Order`
`20`	ExecTransType	Always	`0` (New)
`55`	Symbol	Always	Currency pair
`17`	ExecID	Always	`0`
`14`	CumQty	Always	`0`
`11`	ClOrdID	Always
`44`	Price	Always
`6`	AvgPx	Always	`0`
`41`	OrigClOrdID	Always
`40`	OrdType	Always	`1` = Market, `2` = Limit, `3` = Stop Market, `4` = Stop Limit
`39`	OrdStatus	Always	`A` (Pending New)
`37`	OrderID	Always	All zeros for Pending New
`381`	GrossTradeAmt	Always	lastShares (`32`) * LastPx (`31`)
`59`	TimeInForce	Always	`1` = GTC, `3` = IOC, `4` = FOK, `6` = GTT

Conditional

Tag	Field	When Present	Notes
`38`	OrderQty	Limit and market sell orders	Base quantity
`152`	CashOrderQty	Market buy orders	Fiat notional
`18`	ExecInst	Post-only orders	`6` (Post-Only)
`99`	StopPx	Stop orders only	Only when OrdType is `3` or `4`
`126`	ExpireTime	GTT orders	`YYYYMMDD-HH:MM:SS` format

Brokerage Clients

Tag	Field	When Present	Notes
`5047`	AllocBrokerAccountID	Brokerage clients	IdentityAccountId
`50`	SenderSubID	Brokerage clients	IdentityId
`5074`	FundCommissionOption	Brokerage clients
`5000`	RecipientProfileId	Brokerage clients	ProfileID that receives settled currency

Optional

Tag	Field	When Present	Notes
`2362`	SelfMatchPreventionID	If enabled	Prevents self-matching. Up to 36 characters. Requires additional permissions.

ExecType (150) = 0, OrdStatus (39) = 0 (New).

When ExecType (150) = D and ExecRestatementReason (378) = 4, a Stop Limit order has been triggered and is now active on the book.

Always Present

Tag	Field	When Present	Notes
`54`	Side	Always	`1` = Buy, `2` = Sell
`150`	ExecType	Always	`0` (New) or `D` (Order Changed, for triggered stop limits)
`32`	lastShares	Always	`0`
`109`	ClientID	Always
`1`	Account	Always
`31`	LastPx	Always	`0`
`151`	LeavesQty	Always	Order quantity
`60`	TransactTime	Always
`58`	Text	Always	`New Order`
`20`	ExecTransType	Always	`0` (New)
`55`	Symbol	Always	Currency pair
`17`	ExecID	Always
`14`	CumQty	Always	`0`
`11`	ClOrdID	Always
`44`	Price	Always
`6`	AvgPx	Always	`0`
`41`	OrigClOrdID	Always
`40`	OrdType	Always	`1` = Market, `2` = Limit, `3` = Stop Market, `4` = Stop Limit
`39`	OrdStatus	Always	`0` (New)
`37`	OrderID	Always	Assigned order ID
`381`	GrossTradeAmt	Always	lastShares (`32`) * LastPx (`31`)
`59`	TimeInForce	Always	`1` = GTC, `3` = IOC, `4` = FOK, `6` = GTT

Conditional

Tag	Field	When Present	Notes
`378`	ExecRestatementReason	Stop Limit triggers	`4` — Stop Limit order triggered (when ExecType = `D`)
`38`	OrderQty	Limit and market sell orders	Base quantity
`152`	CashOrderQty	Market buy orders	Fiat notional
`18`	ExecInst	Post-only orders	`6` (Post-Only)
`99`	StopPx	Stop orders only	Only when OrdType is `3` or `4`
`126`	ExpireTime	GTT orders	`YYYYMMDD-HH:MM:SS` format

Brokerage Clients

Tag	Field	When Present	Notes
`5047`	AllocBrokerAccountID	Brokerage clients	IdentityAccountId
`50`	SenderSubID	Brokerage clients	IdentityId
`5074`	FundCommissionOption	Brokerage clients
`5000`	RecipientProfileId	Brokerage clients	ProfileID that receives settled currency

Optional

Tag	Field	When Present	Notes
`2362`	SelfMatchPreventionID	If enabled	Prevents self-matching. Up to 36 characters. Requires additional permissions.

See also: Execution Reports - Fills for the next stage of the order lifecycle.