Assume MassQuote has two QuotEntryGrp:
QuoteEntryID=1
BidPx=…
OfferPx=…
SecurityID=A
…
QuoteEntryID=2
BidPx=…
OfferPx=…
SecurityID=B
…
Further assume we can accept one side but reject the other side, like, accept bid side but reject offer side (or is this FIX compliant?).
Question 1:
Then, for Security A, bid side is accepted but offer side is rejected. How can we use MassQuoteAck to relay this, i.e. to tell the counterparty that only offer side is rejected?
Question 2:
For Security B, assume both bid and offer sides are rejected. How can we use MassQuoteAck to relay the reject reason for bid side as well as the reject reason for offer side?
Question 3:
In MassQuoteAck, there is no RejectText(1328) or similar field, along with QuoteEntryRejectReason(set it to 99), how can we convey the reject text to counterparty?
Thanks a lot.