Gemini Clearing also allows for brokers to facilitate trades between two Gemini customers. A broker can submit a new Gemini Clearing order that must then be confirmed by each counterparty before settlement.
Broker New Order Cross
Fields
Tag Name Req Description Standard Header Y MsgType = s40 OrdType Y Order type.2 = Limit 44 Price Y Decimal price. Price is denominated in CCY1 55 Symbol Y Ticker symbol of the order.Supported Symbols for valid values. 60 TransactTime Y Time of order creation (expressed in UTC). 548 CrossID Y Unique identifier for a cross order 549 CrossType Y Type of cross being submitted.1 = Cross trade which is either completely executed or not 550 CrossPrioritization Y Indicates if one side or the other of a cross order should be prioritized.0 = None 552 NoSides Y Number of side <54> repeating group instances2 = Two Sides 54 Side Y Part of a repeating group 1 = Buy2 = Sell11 ClOrdID Y Part of a repeating group 583 ClOrdLinkID Y Part of a repeating group counterparty_id. A value that is assigned to a specific counterparty Gemini account. Can be accessed on the web interface under the GEMINI ID label. See workflow for more detail.38 OrderQty Y Part of a repeating group 126 ExpireTime Y Time of order expiration (expressed in UTC). Can be up to 30 days from order initiation. Standard Trailer Y
Request
RAW 8=FIX.4.4|9=247|35=s|34=2|49=TESTOE001|52=20190905-13:29:45.762|56=GEMINI|40=2|44=10000|55=btcusd|60=20190905-13:29:45.762|548=49382061|549=1|550=0|552=2|54=1|11=63216195|583=R485E04Q|38=25.01|54=2|11=44996792|583=7467JVXP|38=25.01|126=20190905-15:29:45.762|10=236| HEADER 8 BeginString: FIX.4.4 9 BodyLength: 247 35 MsgType: NewOrderCross (s) 34 MsgSeqNum: 2 49 SenderCompID: TESTOE001 52 SendingTime: 20190905-13:29:45.762 56 TargetCompID: GEMINI BODY 40 OrdType: LIMIT (2) 44 Price: 10000 55 Symbol: BTCUSD 60 TransactTime: 20190905-13:29:45.762 548 CrossID: 49382061 549 CrossType: Cross trade which is either completely executed or not executed at all (1) 550 CrossPrioritization: No priority (0) 552 NoSides: Two Sides (2) 126 ExpireTime: 20190905-15:29:45.762 REPEATING GROUPS 54 Side: BUY (1) 11 ClOrdID: 63216195 583 ClOrdLinkID: R485E04Q 38 OrderQty: 25.01 54 Side: SELL (2) 11 ClOrdID: 44996792 583 ClOrdLinkID: 7467JVXP 38 OrderQty: 25.01 TRAILER 10 CheckSum: 236
Execution Report
After submitting a new order cross as a broker , 2 execution reports will be sent (one for each side of the trade).
RAW 8=FIX.4.4|9=211|35=8|34=2|49=GEMINI|52=20190905-13:29:45.928|56=TESTOE001|6=10000|11=63216195|14=25.01|17=1567690185928|37=G9LVQOX5|39=0|44=10000|54=1|55=btcusd|60=20190905-13:29:45.928|150=0|151=25.01|583=R485E04Q|10=239| 8=FIX.4.4|9=211|35=8|34=3|49=GEMINI|52=20190905-13:29:45.929|56=TESTOE001|6=10000|11=44996792|14=25.01|17=1567690185928|37=G9LVQOX5|39=0|44=10000|54=2|55=btcusd|60=20190905-13:29:45.928|150=0|151=25.01|583=7467JVXP|10=054| HEADER 8 BeginString: FIX.4.4 9 BodyLength: 211 35 MsgType: ExecutionReport (8) 34 MsgSeqNum: 2 49 SenderCompID: GEMINI 52 SendingTime: 20190905-13:29:45.928 56 TargetCompID: TESTOE001 BODY 6 AvgPx: 10000 11 ClOrdID: 63216195 14 CumQty: 25.01 17 ExecID: 1567690185928 37 OrderID: G9LVQOX5 39 OrdStatus: NEW (0) 44 Price: 10000 54 Side: BUY (1) 55 Symbol: BTCUSD 60 TransactTime: 20190905-13:29:45.928 150 ExecType: NEW (0) 151 LeavesQty: 25.01 583 ClOrdLinkID: Clearing ID for corresponding Gemini account (R485E04Q) Trailer 10 CheckSum: 239 HEADER 8 BeginString: FIX.4.4 9 BodyLength: 211 35 MsgType: ExecutionReport (8) 34 MsgSeqNum: 3 49 SenderCompID: GEMINI 52 SendingTime: 20190905-13:29:45.929 56 TargetCompID: TESTOE001 BODY 6 AvgPx: 10000 11 ClOrdID: 44996792 14 CumQty: 25.01 17 ExecID: 1567690185928 37 OrderID: G9LVQOX5 39 OrdStatus: NEW (0) 44 Price: 10000 54 Side: SELL (2) 55 Symbol: BTCUSD 60 TransactTime: 20190905-13:29:45.928 150 ExecType: NEW (0) 151 LeavesQty: 25.01 583 ClOrdLinkID: Clearing ID for corresponding Gemini account (7467JVXP) Trailer 10 CheckSum: 054
Last modified on October 1, 2025
