tag297 - Quote Status

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1

Imported from previous forum

2

Hello All-

tag 297 in 4.4 has the following ENUM. can someone pls explain the uses of the values with the “?” below. 8, 11, 12, 13, 14, 15.

thank you.

0 Accepted
1 Canceled for Symbol(s)
2 Canceled for Security Type(s)
3 Canceled for Underlying
4 Canceled All
5 Rejected
6 Removed from Market
7 Expired
?8 Query?
9 Quote Not Found
10 Pending
?11 Pass?
?12 Locked Market Warning?
?13 Cross Market Warning?
?14 Canceled due to lock market?
?15 Canceled due to cross market?

3

Please refer to the flows and usage tables in volume 7 of FIX5.0SP2 but generally speaking:

297=8 (query) will be present in quote status report or mass quote acknowledgement (if multiple quotes are involved) in response to a quote status request with the subscription request type set to snapshot or snapshot + updates.

297=11 (pass) refers to when the respondent rejects the quote request submitted by the initiator (vice-versa if they are countering each other) indicating that the proposed terms of the deal are not acceptable.

297=12 (locked) is likely to be used when a quote is locked for execution in another venue.

Hello All-

tag 297 in 4.4 has the following ENUM. can someone pls explain the uses of the values with the “?” below. 8, 11, 12, 13, 14, 15.

thank you.

0 Accepted
1 Canceled for Symbol(s)
2 Canceled for Security Type(s)
3 Canceled for Underlying
4 Canceled All
5 Rejected
6 Removed from Market
7 Expired
?8 Query?
9 Quote Not Found
10 Pending
?11 Pass?
?12 Locked Market Warning?
?13 Cross Market Warning?
?14 Canceled due to lock market?
?15 Canceled due to cross market?

4

I have captured this in FIXwiki at Welcome fixwiki.org - BlueHost.com, Welcome fixwiki.org - BlueHost.com and Welcome fixwiki.org - BlueHost.com

Please refer to the flows and usage tables in volume 7 of FIX5.0SP2 but generally speaking:

297=8 (query) will be present in quote status report or mass quote acknowledgement (if multiple quotes are involved) in response to a quote status request with the subscription request type set to snapshot or snapshot + updates.

297=11 (pass) refers to when the respondent rejects the quote request submitted by the initiator (vice-versa if they are countering each other) indicating that the proposed terms of the deal are not acceptable.

297=12 (locked) is likely to be used when a quote is locked for execution in another venue.

Hello All-

tag 297 in 4.4 has the following ENUM. can someone pls explain the uses of the values with the “?” below. 8, 11, 12, 13, 14, 15.

thank you.

0 Accepted
1 Canceled for Symbol(s)
2 Canceled for Security Type(s)
3 Canceled for Underlying
4 Canceled All
5 Rejected
6 Removed from Market
7 Expired
?8 Query?
9 Quote Not Found
10 Pending
?11 Pass?
?12 Locked Market Warning?
?13 Cross Market Warning?
?14 Canceled due to lock market?
?15 Canceled due to cross market?

5

I have also captured the Quote Status Usage table from Volume 7 of the spec - see http://fixwiki.org/fixwiki/QuoteStatus

This highlighted some errors in that table from the spec - the table refers to apparently non existent values of QuoteEntryStatus. See the above FIXwiki page.