Message MarketDataRequestReject (Y)

The Market Data Request Reject is used when the broker cannot honor the Market Data Request, due to business or technical reasons. Brokers may choose to limit various parameters, such as the size of requests, whether just the top of book or the entire book may be displayed, and whether Full or Incremental updates must be used.

Added in protocol FIX.4.2

See in: FIX.4.2, FIX.4.3, FIX.4.4, FIX.5.0, FIX.5.0SP1, FIX.5.0SP2.

Field or Component Name Description Is Required Added Is Deprecated
Block StandardHeader MsgType = Y Y FIX.4.2
262 MDReqID Must refer to the MDReqID of the request. Y FIX.4.2
BlockRepeating Parties Insert here the set of Parties (firm identification) fields defined in "Common Components of Application Messages FIX.5.0
281 MDReqRejReason FIX.4.2
ImplicitBlockRepeating MDRjctGrp FIX.4.4
58 Text FIX.4.2
354 EncodedTextLen Must be set if EncodedText (355) field is specified and must immediately precede it. FIX.4.2
355 EncodedText Encoded (non-ASCII characters) representation of the Text (58) field in the encoded format specified via the MessageEncoding (347) field. FIX.4.2
Block StandardTrailer Y FIX.4.2