Hi everyone,
Interested to get any input on the following two Business Reject Reasons sent within the tag “380”:
“8” = Throttle limit exceeded and “10” = Throttled messages rejected on request.
What is the difference between them? In which cases are they used exactly?
Thanks in advance.
Please see Extension Pack 116 (https://www.fixtrading.org/packages/ep116/) for details. Basically, exceeding a throttle limit can lead to queuing or a rejection of messages. Field ThrottleInst(1685) allows you to request one or the other behaviour on a specific message you send to your counterparty, e.g. NewOrderSingle. ThrottleAction(1611) is similar but part of the UserNotification(CB) and UserResponse(35=BF) message, i.e. apply to the entire session. BusinessRejectReason(380) is then for generic outbound information on a given message.
Thanks a lot.
/Carolina
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