Rule80A Field
Note that the name of this field is changing to OrderCapacity as Rule80A is a very US market-specific term. Other world markets need to convey similar information, however, often a subset of the US values. See the Rule80A (aka OrderCapacity) Usage by Market appendix for market-specific usage of this field.
Valid values:
A = Agency single order
B = Short exempt transaction (refer to A type)
C = Program Order, non-index arb, for Member firm/org
D = Program Order, index arb, for Member firm/org
E = Short Exempt Transaction for Principal (was incorrectly identified in the FIX spec as Registered Equity Market Maker trades)
F = Short exempt transaction (refer to W type)
H = Short exempt transaction (refer to I type)
I = Individual Investor, single order
J = Program Order, index arb, for individual customer
K = Program Order, non-index arb, for individual customer
L = Short exempt transaction for member competing market-maker affiliated with the firm clearing the trade (refer to P and O types)
M = Program Order, index arb, for other member
N = Program Order, non-index arb, for other member
O = Proprietary transactions for competing market-maker that is affiliated with the clearing member (was incorrectly identified in the FIX spec as Competing dealer trades)
P = Principal
R = Transactions for the account of a non-member competing market maker (was incorrectly identified in the FIX spec as Competing dealer trades)
S = Specialist trades
T = Transactions for the account of an unaffiliated members competing market maker (was incorrectly identified in the FIX spec as Competing dealer trades)
U = Program Order, index arb, for other agency
W = All other orders as agent for other member
X = Short exempt transaction for member competing market-maker not affiliated with the firm clearing the trade (refer to W and T types)
Y = Program Order, non-index arb, for other agency
Z = Short exempt transaction for non-member competing market-maker (refer to A and R types)