Tag 103
OrdRejReason
Abbreviation:
RejRsnDescription
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.
Wire Format & Usage Example
Single field (key=value)
103=0 (BrokerCredit)
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=0 (BrokerCredit) | … | 10=...
Fields are delimited by SOH (ASCII 0x01), shown here as " | ". The highlighted field 103=0 (BrokerCredit) is this field's position in the message.
All valid values
| Wire | Name | Description |
|---|---|---|
103=0 | BrokerCredit | Broker / Exchange option |
103=1 | UnknownSymbol | Unknown symbol |
103=2 | ExchangeClosed | Exchange closed |
103=3 | OrderExceedsLimit | Order exceeds limit |
103=4 | TooLateToEnter | Too late to enter |
103=5 | UnknownOrder | Unknown order |
103=6 | DuplicateOrder | Duplicate Order (e.g. dupe ClOrdID) |
103=7 | DuplicateOfAVerballyCommunicatedOrder | Duplicate of a verbally communicated order |
103=8 | StaleOrder | Stale order |
103=9 | TradeAlongRequired | Trade along required |
103=10 | InvalidInvestorID | Invalid Investor ID |
103=11 | UnsupportedOrderCharacteristic | Unsupported order characteristic |
103=12 | SurveillenceOption | Surveillence Option |
103=13 | IncorrectQuantity | Incorrect quantity |
103=14 | IncorrectAllocatedQuantity | Incorrect allocated quantity |
103=15 | UnknownAccount | Unknown account(s) |
103=16 | PriceExceedsCurrentPriceBand | Price exceeds current price band |
103=18 | InvalidPriceIncrement | Invalid price increment |
103=99 | Other | Other |
Enumerated Values
19| Value | Symbolic Name | Description | Added |
|---|---|---|---|
| 0 | BrokerCredit | Broker / Exchange option | FIX.2.7 |
| 1 | UnknownSymbol | Unknown symbol | FIX.2.7 |
| 2 | ExchangeClosed | Exchange closed | FIX.2.7 |
| 3 | OrderExceedsLimit | Order exceeds limit | FIX.2.7 |
| 4 | TooLateToEnter | Too late to enter | FIX.4.0 |
| 5 | UnknownOrder | Unknown order | FIX.4.1 |
| 6 | DuplicateOrder | Duplicate Order (e.g. dupe ClOrdID) | FIX.4.1 |
| 7 | DuplicateOfAVerballyCommunicatedOrder | Duplicate of a verbally communicated order | FIX.4.2 |
| 8 | StaleOrder | Stale order | FIX.4.2 |
| 9 | TradeAlongRequired | Trade along required | FIX.4.3 |
| 10 | InvalidInvestorID | Invalid Investor ID | FIX.4.3 |
| 11 | UnsupportedOrderCharacteristic | Unsupported order characteristic | FIX.4.3 |
| 12 | SurveillenceOption | Surveillence Option | FIX.4.3 |
| 13 | IncorrectQuantity | Incorrect quantity | FIX.4.4 |
| 14 | IncorrectAllocatedQuantity | Incorrect allocated quantity | FIX.4.4 |
| 15 | UnknownAccount | Unknown account(s) | FIX.4.4 |
| 16 | PriceExceedsCurrentPriceBand | Price exceeds current price band | FIX.5.0 |
| 18 | InvalidPriceIncrement | Invalid price increment | FIX.4.4 |
| 99 | Other | Other | FIX.4.4 |