The Business Message Reject (j) message can reject an application-level message which fulfills session-level rules and cannot be rejected via any other means. Note if the message fails a session-level rule (e.g. body length is incorrect), a session-level Reject (3) message should be issued.
See the session-level Reject (3) message
It should *NOT* be used in the following situations:
| Situation | Appropriate Response |
|---|---|
| Session-level problem meeting the criteria of the session-level Reject (3) message | Use the session-level Reject (3) message (MsgType=3) |
| In response to: | Use the Quote Request Reject (AG) message |
| In response to: | Use the Quote Status Report (AI) message |
| In response to: | Use the Mass Quote Acknowledgement (b) message |
| In response to: | Use the Market Data Request Reject (Y) message |
| In response to: | Use the Security Definition (d) message |
| In response to: | Use the Security Types (w) message |
| In response to: | Use the Security List (y) message |
| In response to: | Use the Derivative Security List (AA) message |
| In response to: | Use the Security Status (f) message |
| In response to: | Use the Trading Session Status (h) message |
| In response to | Use the Execution Report (8) message |
| In response to: | Use the Order Cancel Reject (9) message |
| In response to: | Use the Don't Know Trade (DK) (Q) message |
| In response to: | Use the Order Mass Cancel Report (r) message |
| In response to: | Use the List Status (N) message |
| In response to: | Use the Allocation Instruction Ack (P) message |
| In response to: | Use the Allocation Report Ack (AT) message |
| In response to: | Use the Confirmation Ack (AU) message |
| In response to: | Use the Registration Instructions Response (p) message |
| In response to: | Use the Trade Capture Report (AE) message |
| In response to: | Use the Bid Response (l) message |
| In response to: | Use the Confirmation (AK) message |
| In response to: | Use the Settlement Instructions (T) message |
| In response to: | Use the Position Maintenance Report (AM) message |
| In response to: | Use the Request for Positions Ack (AO) message |
| In response to: | Use the Collateral Assignment (AY) message |
| In response to: | Use the Collateral Response (AZ) message |
| In response to: | Use the Collateral Inquiry Ack (BG) message |
Note the only exceptions to this rule is are:
Messages which can be referenced via the Business Message Reject (j) message are (the "ID" field BusinessRejectRefID (379) refers to noted in [ ]):
Scenarios for Business Message Reject:
| BusinessRejectReason (380) |
|---|
| 0 = Other |
| 1 = Unkown ID |
| 2 = Unknown Security |
| 3 = Unsupported Message Type (receive a valid, but unsupported MsgType (35) ) |
| 4 = Application not available |
| 5 = Conditionally Required Field Missing |
Whenever possible, it is strongly recommended that the cause of the failure be described in the Text (58) field (e.g. "UNKNOWN SYMBOL: XYZ").
| Tag | Field Name | Req'd | Comments | ||
|---|---|---|---|---|---|
| <Standard Message Header> | Y | MsgType = j |
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| 45 | RefSeqNum | N |
MsgSeqNum (34) of rejected message |
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| 372 | RefMsgType | Y | The MsgType (35) of the FIX message being referenced. |
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| 379 | BusinessRejectRefID | N | The value of the business-level "ID" field on the message being referenced.
Required unless the corresponding ID field (see list above) was not specified. |
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| 380 | BusinessRejectReason | Y | Code to identify reason for a Business Message Reject (j) message. |
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| 58 | Text | N | Where possible, message to explain reason for rejection |
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| 354 | EncodedTextLen | C | Must be set if EncodedText (355) field is specified and must
immediately precede it. |
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| 355 | EncodedText | C | Encoded (non-ASCII characters) representation of the Text (58) field in the encoded format specified via the MessageEncoding (347) field. |
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| <Standard Message Trailer> | Y | ||||