Reject - Business Level

Business level message rejection via FIX

FIXsession: admin35=j

If Kraken needs to reject a message before it reaches the Trading engine and gets an OrderID, the order or cancellation will be rejected using a Business level reject.

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header · required

35=j

45 - RefSeqNum · integer · required

Sequence number of the rejected message.

372 - RefMsgType · char · required

The MsgType 35 of the FIX message being referenced.

379 - BusinessRejectRefID · string · required

The value of the ClOrdID field on the message being rejected.

380 - BusinessRejectReason · integer · required

Code to identify reason for a Business Message Reject message.

Possible values:

• 0 : Others
• 1 : Unknown ID
• 2 : Unknown Instrument
• 3 : Unsupported Message Type
• 4 : Application not available
• 5 : Conditionally Required Field Missing
• 6 : Not Authorized
• 101 : Unknown order
• 104 : Order too old

58 - Text · string

Full description for rejection.

trailer · required

Insufficient Funds (BusinessRejectReason=0)

8=FIX.4.4|9=127|35=j|34=16|49=KRAKEN-TRD|56=CLIENT|52=20260407-14:32:05.122|45=0|58=EOrder:Insufficient funds|372=D|379=1744036325000000|380=0|10=080|

8=FIX.4.4|9=130|35=j|34=18|49=KRAKEN-TRD|56=CLIENT|52=20260407-14:32:05.000|45=0|58=EOrder:Order minimum not met|372=D|379=1744036334000000|380=0|10=015|

8=FIX.4.4|9=124|35=j|34=17|49=KRAKEN-TRD|56=CLIENT|52=20260407-14:32:06.000|45=0|58=EOrder:Unknown order|372=F|379=1744036325999000|380=101|10=206|

8=FIX.4.4|9=150|35=j|34=10|49=KRAKEN-DRV-TRD|56=CLIENT-DRV|52=20260407-14:32:05.122|45=0|58=IOC_WOULD_ENTER_BOOK|372=D|379=a17d4971-f00d-4f67-94d1-e7d604104ed2|380=0|10=242|