Code Set
OrdRejReasonCodeSet
| ID | 103 |
| Type | int |
| Pedigree | Added FIX.2.7 |
Code to identify reason for order rejection. Note: Values 3, 4, and 5 will be used when rejecting an order due to pre-allocation information errors.
| Name | Value | Synopsis | Elaboration | Pedigree |
|---|---|---|---|---|
| BrokerCredit | 0 | Broker / Exchange option | Added FIX.2.7 | |
| UnknownSymbol | 1 | Unknown symbol | In the context of IA FX Reject codes, Trade Request Rejection Category F, order rejected due to the product not being supported, e.g. by the specific venue, tenor restrictions on the market participant(s) involved. | Added FIX.2.7, Updated EP290 |
| ExchangeClosed | 2 | Exchange closed | Added FIX.2.7 | |
| OrderExceedsLimit | 3 | Order exceeds limit | Added FIX.2.7 | |
| TooLateToEnter | 4 | Too late to enter | Added FIX.4.0 | |
| UnknownOrder | 5 | Unknown order | Added FIX.4.1 | |
| DuplicateOrder | 6 | Duplicate Order (e.g. dupe ClOrdID) | Added FIX.4.1 | |
| DuplicateOfAVerballyCommunicatedOrder | 7 | Duplicate of a verbally communicated order | Added FIX.4.2 | |
| StaleOrder | 8 | Stale order | Added FIX.4.2 | |
| TradeAlongRequired | 9 | Trade along required | Added FIX.4.3 | |
| InvalidInvestorID | 10 | Invalid Investor ID | Added FIX.4.3 | |
| UnsupportedOrderCharacteristic | 11 | Unsupported order characteristic | Added FIX.4.3 | |
| SurveillanceOption | 12 | Surveillance option | Added FIX.4.3, Updated EP204 | |
| IncorrectQuantity | 13 | Incorrect quantity | Added FIX.4.4 | |
| IncorrectAllocatedQuantity | 14 | Incorrect allocated quantity | Added FIX.4.4 | |
| UnknownAccount | 15 | Unknown account(s) | In the context of IA FX Reject codes, Trade Request Rejection Category D, order rejected due to static data when the account/fund is not setup or unknown. | Added FIX.4.4, Updated EP290 |
| PriceExceedsCurrentPriceBand | 16 | Price exceeds current price band | Added EP-1 | |
| InvalidPriceIncrement | 18 | Invalid price increment | Added EP6 | |
| ReferencePriceNotAvailable | 19 | Reference price not available | Added EP134 | |
| NotionalValueExceedsThreshold | 20 | Notional value exceeds threshold | Added EP134 | |
| AlgorithmRiskThresholdBreached | 21 | Algorithm risk threshold breached | A sell-side broker algorithm has detected that a risk limit has been breached which requires further communication with the client. Used in conjunction with Text(58) to convey the details of the specific event. | Added EP149, Updated EP271 |
| ShortSellNotPermitted | 22 | Short sell not permitted | Added EP164 | |
| ShortSellSecurityPreBorrowRestriction | 23 | Short sell rejected due to security pre-borrow restriction | Added EP164 | |
| ShortSellAccountPreBorrowRestriction | 24 | Short sell rejected due to account pre-borrow restriction | Added EP164 | |
| InsufficientCreditLimit | 25 | Insufficient credit limit | In the context of IA FX Reject codes, Trade Request Rejection Category C, order rejected due to credit limit exceeded or not in place. | Added EP171, Updated EP290 |
| ExceededClipSizeLimit | 26 | Exceeded clip size limit | Added EP171 | |
| ExceededMaxNotionalOrderAmt | 27 | Exceeded maximum notional order amount | Added EP171 | |
| ExceededDV01PV01Limit | 28 | Exceeded DV01/PV01 limit | Added EP171 | |
| ExceededCS01Limit | 29 | Exceeded CS01 limit | Added EP171 | |
| LastLook | 30 | Last look | In the context of IA FX Reject codes, Trade Request Rejection Category A-1, order rejected due to a "last look". | Added EP290 |
| LastLookLatency | 31 | Last look latency | In the context of IA FX Reject codes, Trade Request Rejection Category A-2, order rejected due to "last look latency", therefore price or liquidity is unavailable. | Added EP290 |
| UnavailablePriceLiquidity | 32 | Unavailable price or liquidity | In the context of IA FX Reject codes, Trade Request Rejection Category B, the order was not subjected to last look but rejected due to pricing or liquidity being no longer available for execution. | Added EP290 |
| InvalidMissingEntitlements | 33 | Invalid or missing entitlements | In the context of IA FX Reject codes, Trade Request Rejection Category D, order rejected due to static/reference data error where counterparty is not permissioned or entitled. | Added EP290 |
| Other | 99 | Other | In the context of IA FX Reject codes, Trade Request Rejection Category E, order rejected due to other exceptions. Further detail may be provided in RejectText(1328) or Text(58), with preference for RejectText(1328) if field is present in the message. | Added FIX.4.4, Updated EP290 |
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