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Futures and Options Reject Codes

Futures and Options Reject Codes

This topic lists the CME-defined iLink reject codes and the accompanying text explanation in 58-Text sent in the reject response to an inbound iLink message from the client to CME Globex which has been rejected. 

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