Application-level reject of OrderStatusRequest

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Imported from previous forum

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[ original email was from Jacob Stevens - jacob.stevens@omiris.net ]
If we receive an OrderStatusRequest that needs to be rejected at the application level (if the ClOrdID is unknown, for example), what message should we send back?

The 4.3 spec indicates (under ‘business-level reject’) that an execution report should be sent. However, I’m not sure what values OrdStatus and ExecType should be set to, since the order is unknown.

Does anybody know what other institutions do in this case? We need to support FIX 4.0, 4.1 & 4.2.

Thanks,
Jacob

–
Jacob Stevens
Omiris Networks Ltd, London

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Refer to "D24" in Appendix D "Order State Change Matrices".

> If we receive an OrderStatusRequest that needs to be rejected at the application level (if the ClOrdID is unknown, for example), what message should we send back?
>
> The 4.3 spec indicates (under ‘business-level reject’) that an execution report should be sent. However, I’m not sure what values OrdStatus and ExecType should be set to, since the order is unknown.
>
> Does anybody know what other institutions do in this case? We need to support FIX 4.0, 4.1 & 4.2.
>
> Thanks,
> Jacob
>
> –
> Jacob Stevens
> Omiris Networks Ltd, London
>
>
>