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Discussions > Regulations > Need the FIX tag for SEC Short Sale Exemption Reason Code

Need the FIX tag for SEC Short Sale Exemption Reason Code

Complete message thread from old site

Jue Wang
1296 days ago,(2010/10/07)

Hi,

Is there anyone aware that the FIX tag for Short Sale Exemption Reason Code is determined?

Thanks in advance,

jue Wang

Lisa Taikitsadaporn
1296 days ago,(2010/10/07)

The FIF had submitted a gap analysis to FPL for two new fields:
ShortSaleExemptionReason - tag 1688 - added to NewOrderSingle, ListOrdGrp, OrderCancelReplaceRequest, ExecutionReport

ShortSaleRestriction - tag 1687 - added to the Instrument component block

The valid values are:
ShortSaleExemptionReason:
0 = Exemption Reason Unknown
1 = Incoming Short Sale Exempt
2 = Above National Best Bid (Broker Dealer Provision)
3 = Delayed Delivery
4 = Odd-Lot
5 = Domestic Arbitrage
6 = International Arbitrage
7 = Underwriter or Syndicate Distribution
8 = Riskless Principal
9 = VWAP

ShortSaleRestriction:
0 = No restrictions
1 = Security is not shortable
2 = Security not shortable at or below the best bid

Equivalent fields:
LegShortSaleExemptionReason (tag 1689) is added to LegOrdGrp, InstrmtLegExecGrp and TrdInstrmtLegGrp
SideShortSaleExemptionReason (tag 1690) is added to TrdCapRptSideGrp

> Hi,
>
> Is there anyone aware that the FIX tag for Short Sale Exemption Reason Code is determined?
>
> Thanks in advance,
>
> jue Wang