how to value OrdStatus in Order Cancel Reject message if tag 41 OrigClOrdID in Order Cancel Request message doesn't exsit?

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Imported from previous forum

2

Hi all,
If I wanna reject an Order Cancel Request for that OrigClOrdID does not exsit,so how to value tag 39 OrdStatus?
Thanks!

3

Hi all,
If I wanna reject an Order Cancel Request for that OrigClOrdID does not exsit,so how to value tag 39 OrdStatus?
Thanks!

If original client order id is not present how can you send the cancel request ?

4

Hi all,
If I wanna reject an Order Cancel Request for that OrigClOrdID does not exsit,so how to value tag 39 OrdStatus?
Thanks!

If original client order id is not present how can you send the cancel request ?

I assume the abnormal situation,the broker loses my order or I mean to send a cancel request that original order does not exsit.

5

Hi all,
If I wanna reject an Order Cancel Request for that OrigClOrdID does not exsit,so how to value tag 39 OrdStatus?
Thanks!

If original client order id is not present how can you send the cancel request ?

I assume the abnormal situation,the broker loses my order or I mean to send a cancel request that original order does not exsit.

Should this not be handled as a 35=3 Session reject?

6

Hi all,
If I wanna reject an Order Cancel Request for that OrigClOrdID does not exsit,so how to value tag 39 OrdStatus?
Thanks!

If original client order id is not present how can you send the cancel request ?

I assume the abnormal situation,the broker loses my order or I mean to send a cancel request that original order does not exsit.

Should this not be handled as a 35=3 Session reject?

Thank you first!A session reject message rejects a message that doesn’t fulfills session-level rules,but the order cancel request fulfills the session-level rules,so I still response cancel reject message.

7

Hi all,
If I wanna reject an Order Cancel Request for that OrigClOrdID does not exsit,so how to value tag 39 OrdStatus?
Thanks!

If original client order id is not present how can you send the cancel request ?

I assume the abnormal situation,the broker loses my order or I mean to send a cancel request that original order does not exsit.

Should this not be handled as a 35=3 Session reject?

Thank you first!A session reject message rejects a message that doesn’t fulfills session-level rules,but the order cancel request fulfills the session-level rules,so I still response cancel reject message.

In a cancel reject message, the OrigClOrdID is required. If it is missing then I think a session reject is appropriate since the message is invalid. If there IS a OrigClOrdID but the value is unrecognized, then it can be handles as a business level situation.

8

Hi all,
If I wanna reject an Order Cancel Request for that OrigClOrdID does not exsit,so how to value tag 39 OrdStatus?
Thanks!

If original client order id is not present how can you send the cancel request ?

I assume the abnormal situation,the broker loses my order or I mean to send a cancel request that original order does not exsit.

Should this not be handled as a 35=3 Session reject?

Thank you first!A session reject message rejects a message that doesn’t fulfills session-level rules,but the order cancel request fulfills the session-level rules,so I still response cancel reject message.

In a cancel reject message, the OrigClOrdID is required. If it is missing then I think a session reject is appropriate since the message is invalid. If there IS a OrigClOrdID but the value is unrecognized, then it can be handles as a business level situation.

sorry that my expression is not good,i mean i receive a cancel request,but i can’t find tag 41 in my system,so I still need response with cancel reject message.

9

Hi all,
If I wanna reject an Order Cancel Request for that OrigClOrdID does not exsit,so how to value tag 39 OrdStatus?
Thanks!

if your counter party can accept it, I would suggest using 39=8 (Rejected). I am assuming that the client is sending something that your system is not able to find the details for.

You can include the text ‘Unknown Order’ in Tag 58 to clarify further.

10

Hi all,
If I wanna reject an Order Cancel Request for that OrigClOrdID does not exsit,so how to value tag 39 OrdStatus?
Thanks!

if your counter party can accept it, I would suggest using 39=8 (Rejected). I am assuming that the client is sending something that your system is not able to find the details for.

You can include the text ‘Unknown Order’ in Tag 58 to clarify further.

Thanks!I think so,because tag 39 doesn’t has a “unknown status” option,using 39=9 will be best.