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General Q/A
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Re: OrderId (tag 37)
Vladyslav Lazarenko / Jet SnaiL, LLC <> 12 May 2009 2:31PM ET > > All,
> >
> > I wanted to get some clarification about this. Per the FIX standard,
> > if a NEW order is submitted by a buy-side party yet rejected by the
> > broker, before being placed at the exchange, should the REJECTED
> > execution report contain an OrderId (tag 37)?
> >
> > My current broker does generate and send us an OrderId, however I am
> > interested in knowing what the FIX standard is in this case.
> >
> >
> > thanks! azmat
>
> OrderID is a mandatory field in an ExecutionReport. It should therefore
> always be populated. This has nothing to do with what state the order
> was in when it was rejected. This is a simple issue of adherence (or
> lack thereof) to the protocol standard.
>
> You can easily discover this by using FIXimate which is available on the
> FIX Protocol website: http://www.fixprotocol.org/FIXimate3.0/
>
> Thanks
>
> JohnP
Beware of "NONE" value.
Re: OrderId (tag 37) Vladyslav Lazarenko / Jet SnaiL, LLC 12 May 2009 2:31PM ET |