ExecType for Execution Report of OrderStatusRequest for rejected orders

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1

Imported from previous forum

2

Hello,

I got a query about a scenario for OrderStatusRequest, the scenario is as follow:

  1. Send a new order which will be rejected
  2. Send a OrderStatusRequest for that rejected order

May I ask what will be the value of tag#150 (ExecType) of that Execution Report for the OrderStatusRequest?

Many thanks.

Donald

3

[ original email was from Dean Kauffman - dean.kauffman@tradeweb.com ]
Hello Donald,

ExecType for an ER in response to OrderStatusRequest is always ‘I’ Order Status. OrdStatus will show ‘8’ Rejected.

Dean

Hello,

I got a query about a scenario for OrderStatusRequest, the scenario is
as follow:

  1. Send a new order which will be rejected
  2. Send a OrderStatusRequest for that rejected order

May I ask what will be the value of tag#150 (ExecType) of that Execution
Report for the OrderStatusRequest?

Many thanks.

Donald

4

Hi Dean,

Thank you for your answer, but for FIX4.0 - FIX4.2, there is no value ‘I’ for ExecType, what value should it be for 4.0 to 4.2?

Many thanks,
Donald

Hello Donald,

ExecType for an ER in response to OrderStatusRequest is always ‘I’ Order
Status. OrdStatus will show ‘8’ Rejected.

Dean

Hello,

I got a query about a scenario for OrderStatusRequest, the scenario is
as follow:

  1. Send a new order which will be rejected
  2. Send a OrderStatusRequest for that rejected order

May I ask what will be the value of tag#150 (ExecType) of that
Execution Report for the OrderStatusRequest?

Many thanks.

Donald

5

[ original email was from Dean Kauffman - dean.kauffman@tradeweb.com ]
Donald,

There is no ExecType field in FIX 4.0, but in FIX 4.2 ExecType typically carries the same value as OrdStatus - see table D26 at the end of the document. ExecTransType and ExecID serve to clarify reponses to OrderStatusRequest in FIX 4.2; they should have values of 3 “Status” and 0 respectively. See the entry for ExecID (17) in the Field Definitions section.

Hi Dean,

Thank you for your answer, but for FIX4.0 - FIX4.2, there is no value
‘I’ for ExecType, what value should it be for 4.0 to 4.2?

Many thanks, Donald

Hello Donald,

ExecType for an ER in response to OrderStatusRequest is always ‘I’
Order Status. OrdStatus will show ‘8’ Rejected.

Dean

Hello,

I got a query about a scenario for OrderStatusRequest, the scenario
is as follow:

  1. Send a new order which will be rejected
  2. Send a OrderStatusRequest for that rejected order

May I ask what will be the value of tag#150 (ExecType) of that
Execution Report for the OrderStatusRequest?

Many thanks.

Donald

6

See the FIX 4.2 spec - appendix D24

ExecType=8 (rejected), OrdStatus=8 (rejected) , ExecTransType=3 (Status)

Hello,

I got a query about a scenario for OrderStatusRequest, the scenario is
as follow:

  1. Send a new order which will be rejected
  2. Send a OrderStatusRequest for that rejected order

May I ask what will be the value of tag#150 (ExecType) of that Execution
Report for the OrderStatusRequest?

Many thanks.

Donald

7

Thanks Nick,

Appendix D24 is about sending a OrderStatusRequest for an unknown ClOrdID.

But if the ClOrdID exists (the order exist but rejected), will the OrderStatusRequest still be rejected just like D24?

Many thanks.
Donald

See the FIX 4.2 spec - appendix D24

ExecType=8 (rejected), OrdStatus=8 (rejected) , ExecTransType=3 (Status)

Hello,

I got a query about a scenario for OrderStatusRequest, the scenario is
as follow:

  1. Send a new order which will be rejected
  2. Send a OrderStatusRequest for that rejected order

May I ask what will be the value of tag#150 (ExecType) of that
Execution Report for the OrderStatusRequest?

Many thanks.

Donald

8

IMHO, I still think 150=8 and 39=8

If you know for sure they have consumed your ClOrdID, as you say, then you really only need to look at the value of the OrdStatus field. ExecType is a little irrelevant.

Thanks Nick,

Appendix D24 is about sending a OrderStatusRequest for an unknown
ClOrdID.

But if the ClOrdID exists (the order exist but rejected), will the
OrderStatusRequest still be rejected just like D24?

Many thanks. Donald

See the FIX 4.2 spec - appendix D24

ExecType=8 (rejected), OrdStatus=8 (rejected) , ExecTransType=3
(Status)

Hello,

I got a query about a scenario for OrderStatusRequest, the scenario
is as follow:

  1. Send a new order which will be rejected
  2. Send a OrderStatusRequest for that rejected order

May I ask what will be the value of tag#150 (ExecType) of that
Execution Report for the OrderStatusRequest?

Many thanks.

Donald