Home / FIX.4.3 / Fields / Tag 103

OrdRejReason

Tag 103

OrdRejReason

Abbreviation:
Typeint
Tag103
AddedFIX.2.7
Used in2 messages

Description

Code to identify reason for order rejection.

Wire Format & Usage Example

Single field (key=value)
103=2 (ExchangeClosed)
In a FIX message (ExecutionReport)
8=FIX.4.4 | 9=... | 35=8 | 49=SENDER | 56=TARGET | 34=1 | 52=20240101-09:30:00.000 | … | 103=2 (ExchangeClosed) | … | 10=...

Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 103=2 (ExchangeClosed) is this field's position in the message.

All valid values
WireNameDescription
103=2ExchangeClosedExchange closed
103=1UnknownSymbolUnknown symbol
103=3OrderExceedsLimitOrder exceeds limit
103=4TooLateToEnterToo late to enter
103=5UnknownOrderUnknown Order
103=7DuplicateOfAVerballyCommunicatedOrderDuplicate of a verbally communicated order
103=9TradeAlongRequiredTrade Along required
103=10InvalidInvestorIDInvalid Investor ID
103=6DuplicateOrderDuplicate Order (e.g. dupe ClOrdID)
103=11UnsupportedOrderCharacteristicUnsupported order characteristic
103=12SurveillenceOptionSurveillence Option
103=0BrokerCreditBroker / Exchange option
103=8StaleOrderStale Order

Enumerated Values

13
ValueSymbolic NameDescriptionAdded
2ExchangeClosedExchange closedFIX.2.7
1UnknownSymbolUnknown symbolFIX.2.7
3OrderExceedsLimitOrder exceeds limitFIX.2.7
4TooLateToEnterToo late to enterFIX.4.0
5UnknownOrderUnknown OrderFIX.4.1
7DuplicateOfAVerballyCommunicatedOrderDuplicate of a verbally communicated orderFIX.4.2
9TradeAlongRequiredTrade Along requiredFIX.4.3
10InvalidInvestorIDInvalid Investor IDFIX.4.3
6DuplicateOrderDuplicate Order (e.g. dupe ClOrdID)FIX.4.1
11UnsupportedOrderCharacteristicUnsupported order characteristicFIX.4.3
12SurveillenceOptionSurveillence OptionFIX.4.3
0BrokerCreditBroker / Exchange optionFIX.2.7
8StaleOrderStale OrderFIX.4.2

Used in Messages

2
8ExecutionReportNListStatus