Quote Request - CME Globex to Client Message Structure

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

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

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
8 = Invalid price
9 = Not authorized to quote security
20* = too many rejects and cancel instrument group
98* = Market maker protection
99* = Missing account number; Other
*CME Defined

58

Text

N

String (80)

Text message description of the error.

Y = FIX required Y* = CME Group required N = Not required




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