Discussion Forums

Re: How to communicate reason for TRADE_CANCEL
Staffan Ulfberg
20 May 2009 3:19PM ET

> The standard option is always to use the Text (58) tag. This will work
> if you do not need to convey other information in the context of a trade
> cancel.

Sure, but we want to have a more type safe way of doing this handling the canceled trades is an automated process.

> Adding one "locally" only works for internal tags >10000,
> otherwise it needs to be one between 5000 and 9999 registered on the FPL
> website. I guess what you are looking for should be called
> TradeCxlReason and have a list of pre-defined values and Reserved100Plus
> datatype for user-defined values. The closest one I found is 6042
> CxlReason which should apply for orders, quotes and trades (executions).
> I suggest to use that tag if you do not want to submit a gap analysis
> for an extension of the FIX standard.

Using 6042 seems just fine to me. Is there any other information apart from the tag name and number in the list on the web site, like what values are valid?


How to communicate reason for TRADE_CANCEL
Staffan Ulfberg   20 May 2009 12:04PM ET
Re: How to communicate reason for TRADE_CANCEL
Hanno Klein / Deutsche Börse Systems   20 May 2009 1:41PM ET
Re: How to communicate reason for TRADE_CANCEL
Staffan Ulfberg   20 May 2009 3:19PM ET
Re: How to communicate reason for TRADE_CANCEL
Hanno Klein / Deutsche Börse Systems   20 May 2009 4:13PM ET