A Quote Acknowledgment (tag 35-MsgType=b) message is sent from the CME Globex platform in response to an iLink Quote Request (tag 35-MsgType=R) message.
The Quote Acknowledgment can be either positive (accepted) or negative (rejected).
A positive Quote Acknowledgment will contain a value of '0' (accepted) in tag 297-QuoteAckStatus. A negative Quote Acknowledgment is returned with a value of '5' (rejected) in tag 297-QuoteAckStatus.
The following tables contain the message specifications for the two possible Quote Acknowledgment (tag 35-MsgType=b) message types sent in response to a Quote Request. See Standard Header - CME Globex to Client System Header.
Quote Acknowledgment (tag 35-MsgType=b) Message - Accepted
Tag | FIX Name | Req | Type | Description |
|---|---|---|---|---|
131 | QuoteReqID | Y* | String (23) | Tag 131-QuoteRequestID value is from the Quote Request (tag 35-MsgType=R) message. |
297 | QuoteAckStatus | Y | Int (2) | Identifies the status of the Quote Acknowledgment. 0 = accepted |
9770 | ExchangeQuoteReqID | N | String (23) | Tag 9970-ExchangeQuoteReqID corresponds to tag 131-QuoteReqID in the Quote Request (tag 35-MsgTyp=R) message. |
Y = FIX required Y* = CME Group required N = Not required
Quote Acknowledgment (tag 35-MsgType=b) Message - Rejected
Tag | FIX Name | Req | Type | Description |
|---|---|---|---|---|
131 | QuoteReqID | Y* | String (23) | Tag 131-QuoteRequestID from Quote Request (tag 35-MsgType=R) message. |
297 | QuoteAckStatus | Y | Int (2) | Identifies the status of the Quote Acknowledgment. 5 = rejected |
300 | QuoteRejectReason | N | Int (2) | Quote reject reason: 1 = Unknown symbol (Security) 2 = Exchange (Security) closed 3 = Quote Request exceeds limit 5 = Unknown Quote 6 = Duplicate Quote 7 = Invalid bid/ask spread |
58 | Text | N | String (80) | Text message description of the error. |
Y = FIX required Y* = CME Group required N = Not required