[This message was posted by Xavier Bruyet of Ullink <[email protected]> 
to the "List Trading" discussion forum at http://fixprotocol.org/discuss/16. 
You can reply to it on-line at http://fixprotocol.org/discuss/read/b1bf6245 - 
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Hi,

Are we really supposed to use a ListStatus message to reject a 
ListCancelRequest message. Since the BusinessMessageReject message 
specification states:

In response to:
* List Cancel Request
Use the Order Cancel Reject message

What does it mean?

Regards,
Xavier.

> > I was wondering if there is a simple way to reject a List Cancel Request
> > message (MsgType=K). For single order cancels, there is a special
> > message type for rejections (MsgType=9); however, I do not see the
> > analog for lists. The List Status message is not suitable and requires
> > detailed information for each order in the List. What is the correct way
> > to do this?
> 
> The Fix 4.4 specification indicates that the ListStausMessage(MsgType = N) 
> may be used to respond to a ListCancelMessage(MsgType = K) on page 138 of 
> Volume 4 in the description of the ListStatusMessage.
> 
> It is my interpretation that a ListStatusMessage is the correct message to 
> reject a ListCancelMessage.  The ListStatusMessage should be sent with 
> ListStatusType(429)=2 (Response), ListOrderStatus(431)=7 (Reject) and 
> ListStatusTest(444) explaining which ListCancelMessage was rejected and why.  
> To avoid having to include all of the order details, NoOrders can be set to 
> 0. 
> 
> Alternatively, a BusinessMessageReject(MsgType = j) could be sent with 
> BusinessRejectReason(379)=0 (Other) and Text(58) set to the reason for the 
> reject.
> 
> Andrew Broome
> TransactTools
> [email protected]


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