===== At Time Activation Order =====

**At Time Activation Orders** will be held (i.e. suspended) in the **T4 FIX API** server until the specific time (as entered with the **Activation Value** - Tag 10103) occurs.  
At this activation point, the order is released to the exchange.

An Activation Order is entered with the **New Order Single** (Tag 35=D) message.  
Following are the most relevant tags to build an At Time Activation Order:

^ Tag ^ Field ^ Description ^
| 10102=5 | Activation Type | Specifier of At Time Activation Order |
| 10103   | Activation Value | Time at which to activate the order |
| 48      | SecurityID | Market for which the order is sent |
| 55      | Symbol | Contract for which the order is sent |
| 207     | SecurityExchange | Exchange for which the order is sent |
| 167     | SecurityType | Security Type (e.g. Futures) of this specific market |

----

**Activation Value Format** (**Tag 10103**):  
`Activation Time;Cancel Time`

  * **Activation Time** – Required. The time to activate the order.  
    - Can be a full date/time in the format `dd MMM yyyy HH:mm:ss`  
    - Or a number of seconds from the moment of order submittal.
  * **Cancel Time** – Optional. The time to cancel the order if still working or not yet activated.  
    - Can be a full date/time in the same format, or a number of seconds from order submittal.

----

**Examples of ActivationValue:**

  * `05 Jul 2012 18:00:00` – Activates at the specified date/time (U.S. Central Time) if the market allows order submission.  
  * `100` – Activates 100 seconds from now if the market allows order submission.  
  * `05 Jul 2012 18:00:00;05 Jul 2012 18:01:00` – Activates at the specified time, cancels one minute later if still working.  
  * `100;200` – Activates 100 seconds from now, cancels 200 seconds from now (100 seconds after activation).  
  * `100;05 Jul 2012 18:00:00` – Activates 100 seconds from now, cancels at the specified date/time.

----

**Sample**

In this example, the activation order is submitted, accepted by the **T4 FIX API** and awaits activation until the requested time (**ActivationValue** - Tag 10103).  
When **18:00:00 CST** on **25 Feb 2013** is reached, the order is submitted to the exchange as a market order.

Activation Order - At Time
<code>
>> 2/22/2013 5:59:44 PM   [FIXNEWORDER] 34=110|49=T4Example|56=T4|50=TraderName|52=20130222-23:59:44.425|1=Account1|11=fn-634971527844258954|48=CME_20130300_ESH3|55=ES|207=CME_Eq|54=1|38=1|40=1|59=0|167=FUT|21=1|60=20130222-23:59:44.425|204=0|10102=5|10103=25 Feb 2013 18:00:00|
[FIXNEWORDER]
[MsgSeqNum] 34 = 110
[SenderCompID] 49 = T4Example
[TargetCompID] 56 = T4
[SenderSubID] 50 = TraderName
[SendingTime] 52 = 20130222-23:59:44.425
[Account] 1 = Account1
[ClOrdID] 11 = fn-634971527844258954
[SecurityID] 48 = CME_20130300_ESH3
[Symbol] 55 = ES
[SecurityExchange] 207 = CME_Eq
[Side] 54 = 1 (BUY)
[OrderQty] 38 = 1
[OrdType] 40 = 1 (MARKET)
[TimeInForce] 59 = 0 (DAY)
[SecurityType] 167 = FUT (FUTURE)
[HandlInst] 21 = 1 (AUTOMATED_EXECUTION_ORDER_PRIVATE_NO_BROKER_INTERVENTION)
[TransactTime] 60 = 20130222-23:59:44.425
[CustomerOrFirm] 204 = 0 (CUSTOMER)
[ActivationType] 10102 = 5 (AT_OR_AFTER_TIME)
[ActivationValue] 10103 = 25 Feb 2013 18:00:00
</code>
Activation Order - Response Awaiting Activation
<code>
<< 2/22/2013 5:59:44 PM  [fixexecutionreport] 34=180|49=T4|56=T4Example|50=T4FIX|52=20130222-23:59:44.441|143=US,IL|1=Account1|11=fn-634971527844258954|17=0.634971527858612500.2.4.CD080161|150=9|37=CD080161-926A-44B2-8227-6FA6DF664F8E|39=9|48=CME_20130300_ESH3|55=ES|207=CME_Eq|200=201303|59=0|107=E-mini S&P 500 Mar13|54=1|167=FUT|38=1|40=1|58=Activation Pending: SubmissionRiskSuccess. Order Held|60=20130222-23:59:45.861|21=1|204=0|10102=5|10103=25 Feb 2013 18:00:00|
[FIXEXECUTIONREPORT]
[MsgSeqNum] 34 = 180
[SenderCompID] 49 = T4
[TargetCompID] 56 = T4Example
[SenderSubID] 50 = T4FIX
[SendingTime] 52 = 20130222-23:59:44.441
[TargetLocationID] 143 = US,IL
[Account] 1 = Account1
[ClOrdID] 11 = fn-634971527844258954
[ExecID] 17 = 0.634971527858612500.2.4.CD080161
[ExecType] 150 = 9 (SUSPENDED)
[OrderID] 37 = CD080161-926A-44B2-8227-6FA6DF664F8E
[OrdStatus] 39 = 9 (SUSPENDED)
[SecurityID] 48 = CME_20130300_ESH3
[Symbol] 55 = ES
[SecurityExchange] 207 = CME_Eq
[MaturityMonthYear] 200 = 201303
[TimeInForce] 59 = 0 (DAY)
[SecurityDesc] 107 = E-mini S&P 500 Mar13
[Side] 54 = 1 (BUY)
[SecurityType] 167 = FUT (FUTURE)
[OrderQty] 38 = 1
[OrdType] 40 = 1 (MARKET)
[Text] 58 = Activation Pending: SubmissionRiskSuccess. Order Held
[TransactTime] 60 = 20130222-23:59:45.861
[HandlInst] 21 = 1 (AUTOMATED_EXECUTION_ORDER_PRIVATE_NO_BROKER_INTERVENTION)
[CustomerOrFirm] 204 = 0 (CUSTOMER)
[ActivationType] 10102 = 5 (AT_OR_AFTER_TIME)
[ActivationValue] 10103 = 25 Feb 2013 18:00:00
</code>
Further details on the tags used for this order type are described in the dictionary of the New Order Single message.

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