QuoteAck (MsgType = CW, FIXML = QuotAck)

The QuoteAck(35=CW) message is used to acknowledge a Quote(35=S) submittal or request to cancel an individual quote using the QuoteCancel(35=Z) message during a Quote/Negotiation dialog.

The QuoteAck(35=CW) is available for optional use to acknowledge the request to cancel an individual quote (QuoteCancel(35=Z) with QuoteCancelType(298) =5(Cancel specified sinqle quote)).

Tag Field Name FIXML Req'd Comments
<Standard Message Header> Y MsgType = CW
117 QuoteID @QID N

Contains the QuoteID(117) of a single Quote(35=S).

1166 QuoteMsgID @QtMsgID N

Contains the QuoteMsgID(1166) of a single Quote(35=S) or QuoteCancel(35=Z).

131 QuoteReqID @ReqID N

Unique identifier for a QuoteRequest(35=R).

537 QuoteType @Typ N

Identifies the type of quote.

An indicative quote is used to inform a counterparty of a market. An indicative quote does not result directly in a trade.

A tradeable quote is submitted to a market and will result directly in a trade against other orders and quotes in a market.

A restricted tradeable quote is submitted to a market and within a certain restriction (possibly based upon price or quantity) will automatically trade against orders. Order that do not comply with restrictions are sent to the quote issuer who can choose to accept or decline the order.

A counter quote is used in the negotiation model. See Volume 7 - Product: Fixed Income for example usage.

298 QuoteCancelType @CxlTyp N

Identifies the type of quote cancel.

1751 SecondaryQuoteID @QID2 N

Assigned by the party which accepts the quote. Can be used to provide the quote identifier assigned by an exchange, marketplace or executing system.

1865 QuoteAckStatus @QtAckStat Y

Acknowledgement status of a Quote(35=S) or QuoteCancel(35=Z) message submission.

300 QuoteRejectReason @RejRsn N

Conditionally required when QuoteAckStatus(1865) = 2(Rejected).

1328 RejectText @RejTxt N

Identifies the reason for rejection.

1664 EncodedRejectTextLen @EncRejTxtLen N

Byte length of encoded (non-ASCII characters) EncodedRejectText(1665) field.

1665 EncodedRejectText @EncRejTxt N

Encoded (non-ASCII characters) representation of the RejectText(1328) field in the encoded format specified via the MessageEncoding(347) field. If used, the ASCII (English) representation should also be specified in the RejectText(1328) field.

<Parties> N

Same as TrdRegTimestamp(769). Used in a multi-sided message to indicate relevant trade-side timestamp.

<QuoteAttributeGrp> N

May be used by the quote receiver to inform quote provider of pre-trade transparency waiver determination in the context of MiFID II.

58 Text @Txt N

Free format text string

(Note: this field does not have a specified maximum length)

354 EncodedTextLen @EncTxtLen N

Byte length of encoded (non-ASCII characters) EncodedText (355) field.

355 EncodedText @EncTxt N

Encoded (non-ASCII characters) representation of the Text (58) field in the encoded format specified via the MessageEncoding (347) field. If used, the ASCII (English) representation should also be specified in the Text(58) field.

<Standard Message Trailer> Y