Futures and Options Reject Codes

This topic details CME-defined iLink reject codes, including their accompanying text explanations (58-Text) that are sent in reject responses to inbound iLink messages from clients to CME Globex.

For questions on error codes not defined below, contact the GCC.

Error Code	Tag 58-Text

Error Code	Tag 58-Text
Sent in response to New Order (tag 35-MsgType=D) in tag 103-OrdRejReason of the Execution Report (tag 35-MsgType=8)	Text explanation of error code
1003	Orders may not be entered while the market is closed
1003	Orders may not be entered while the market is paused
1011	FIX field incorrect
1012	Price must be greater than zero
1013	Invalid order qualifier
1014	The user is not authorized to trade
2013	Market price orders not supported by opposite limit
2019	Order's GTD Expire Date is before the current (or next, if not currently in a session) trading session end date
7000	Order rejected
2046	Disclosed Quantity cannot be greater than total or remaining qty
2047	Order contract is unknown
2051	The Order was submitted with a different side than the requesting Cancel
2058	Stop price maxi-mini must be greater than or equal to trigger price
2059	Stop price maxi-mini must be smaller than or equal to trigger price
2060	Sell order stop price must be below last trade price
2061	Buy order stop price must be above last trade price
2115	Order quantity is outside of the allowable range
2130	Order type not permitted while the market is in Post Close/Pre-Open (PCP)
2137	Order price is outside the limits
2179	Order price is outside bands
2311	Order type not permitted for group
2500	Instrument has a request for cross in progress
2501	Order Quantity too low
4999	Order not allowed on Instruments without a valid Value Date
7027	Order type not permitted while the market is reserved
7028	Order session date is in the past
7029	Orders may not be entered while the market is forbidden
7613	Disclosed quantity cannot be smaller than the minimum quantity
7614	Self Match Prevention ID is not associated with the given Firm ID
Sent in response to Order Cancel-Replace Request (tag 35-MsgType=G) message in tag 102-CxlRejReason of the Order Cancel-Replace Reject (tag 35-MsgType=9)
1003	Orders may not be entered while the market is closed
1003	Orders may not be entered while the market is paused
1012	Price must be greater than zero
1013	Invalid order qualifier
1014	The user is not authorized to trade
2013	Market price orders not supported by opposite limit
2019	Order's GTD Expire Date is before the current (or next, if not currently in a session) trading session end date
2046	Disclosed Quantity cannot be greater than total or remaining qty
2047	Order contract is unknown
2048	The order was submitted with a different SenderCompID than the requesting cancel
2058	Stop price max-min must be greater than or equal to trigger price
2059	Stop price max-min must be smaller than or equal to trigger price
2060	Sell order stop price must be below last trade price
2061	Buy order stop price must be above last trade price
2100	The modify was submitted on a different product than the original order
2101	Attempt to modify an order with a different in-flight-fill mitigation status than first modification
2102	Attempt to modify an order with a different SenderCompID than the original order
2115	Order quantity is outside of the allowable range
2130	Order type not permitted while the market is in Post Close/Pre-Open (PCP)
2137	Order price is outside the limits
2179	Order price is outside bands
2311	Order type not permitted for group
2500	Instrument has a request for cross in progress
2501	Order Quantity too low
5102	Modification of orders from Iceberg to Non-Iceberg & vice-versa is not allowed.
7000	Order rejected
7016	This order is not on the book
7024	Order cannot be modified or cancelled while the market is in No Cancel
7027	Order type not permitted while the market is reserved
7028	Order session date is in the past
7029	Orders may not be entered while the market is forbidden
7613	Disclosed quantity cannot be smaller than the minimum quantity
7614	Self Match Prevention ID is not associated with the given Firm ID
Sent in response to Order Cancel Request (tag 35-MsgType=F) message in tag 102-CxlRejReason of the Order Cancel Reject (tag 35-MsgType=9)
1003	Orders may not be canceled while the market is closed
1003	Orders may not be canceled while the market is paused
2045	This order is not on the book
2048	The order was submitted with a different SenderCompID than the requesting cancel
2051	The order was submitted with a different side than the requesting Cancel
7024	Order cannot be modified or cancelled while the market is in No Cancel
7027	Order type not permitted while the market is reserved
7029	Orders may not be entered while the market is forbidden
Sent in response to the New Order Cross (tag 35-MsgType=s) message in tag 103-OrdRejReason of the Execution Report (tag 35-MsgType=8)
2502	CrossType ineligible in Instrument
2503	RFQ for Cross is not allowed since contract is not RFQ for Cross eligible
3000	RFQ rejected, instrument/exchange not tradable
3001	RFQ rejected, instrument/exchange no known
7610	RFC not allowed during RTH.
Sent in response to Security Definition Request (tag 35-MsgType=c) message
3002	Error creating contract
3010	Business Reject: Other
3011	Business Reject: Unknown ID
3012	Business Reject: Unknown SECURITY
3013	Business Reject: Unsupported Message Type
3014	Business Reject: Application Not Available
3015	Business Reject: Required Field Missing
3016	: Contract claims to be a spread but its missing one or more legs
4000	Engine did not respond to request
7005	Order contract is unknown
7009	The contract for this order is past expiration date and may no longer be traded
7009	The contract for this order is has a future activation date and cannot yet be traded
7010	Invalid spread price
7011	The maximum amount of working orders for this contract has been exceeded
7012	Submission of this order would cause an overwrite of an existing order on book
7013	Order group does not match group of contract
7014	Order Security type does not match security type of contract
7015	Order modify has different side than existing order
7020	No Trading Calendar found on or after Order's GTD Expire Date
7021	Tag ExpireDate (432) beyond instrument expiration
7022	Tag ExpireDate (432) beyond UDS COMBO earliest leg expiration
Sent in response to Mass Quote (tag 35-MsgType=i) message in tag 58-Text of the Quote Acknowledgment (tag 35-MsgType=b)
2600	Market Maker protection has tripped
7101	Quote rejected: Unknown instrument
7102	Quote rejected: Exchange (Security) closed
7103	Quote rejected: Quote exceeds limit
7104	Quote rejected: Quote entry quantity is outside of the allowable range
7105	Quote rejected: Unknown Quote
7106	Quote rejected: Duplicate Quote in same message
7107	Quote rejected: Invalid bid/ask spread
7108	Quote rejected: Invalid price
7109	Quote rejected: Not authorized to quote this instrument
7110	Quote rejected, resting cancelled: Too many rejects
7111	Quote rejected: Duplicate Quote, different ID
7112	Quote rejected, resting cancelled: Quote exceeds limit
7113	Quote rejected, resting cancelled: Duplicate Quote
7114	Quote rejected, resting cancelled: Invalid bid/ask spread
7115	Quote rejected, resting cancelled: Invalid price
7116	Quote rejected, resting cancelled: Not authorized to quote this instrument
7117	Quote rejected: Unspecified reason
7118	Quote rejected: Exchange (Security) is in pre open
7119	Quote rejected: Exchange (Security) is in no cancel
7120	Quote rejected: Exchange (Security) is reserved
7121	Quote rejected, resting cancelled: Quote entry quantity is outside of the allowable range
7122	Quote rejected, resting cancelled: Self Match Prevention ID is not associated with the given Firm ID
9999	Technical error - Function not performed.
Sent in tag 380-BusinessRejectReason of the Business Reject (tag 35=j) message in response to messages sent from Client System to CME Globex.
0	Other
1	Unknown ID (unknown PartyDetailsListReqID being referenced in business message)
2	Unknown Security
3	Unsupported Message Type (for example using messages specific to cash markets for futures)
5	Required Field Missing
6	Not Authorized
8	Throttle Limit Exceeded (volume controls)
100	Value is incorrect (out of range) for this tag (for example using a value outside defined range of integer)
101	Incorrect data format for value (for example using ASCII character outside 32-126 in string field)
102	Rejected due to Kill Switch
103	Rejected due to Risk Management API
104	Rejected due to Globex Credit Controls
105	Not Authorized to trade Deliverable Swap Futures