Code to identify the desired frequency of progress reports.
| Code | Meaning |
|---|---|
| 1 | BuySide explicitly requests status using StatusRequest (Default) The sell-side firm can however, send a DONE status List Status Response in an unsolicited fashion |
| 2 | SellSide periodically sends status using ListStatus. Period optionally specified in ProgressPeriod |
| 3 | Real-time execution reports (to be discouraged) |