developers:fixapi:marketdatarequestreject

MARKET DATA REQUEST REJECT [35=Y]

The Market Data Request Reject message indicates the T4 FIX API cannot honor a market data subscription request.

Code Reason Description
0 Unknown Symbol Market does not exist
1 Duplicate MDReqID Request ID already in use
3 Insufficient Permissions No access to market
4 Unsupported Subscription Type Invalid subscription type
5 Unsupported Market Depth Invalid depth level
6 Unsupported MD Update Type Invalid throughput level
8 Unsupported MD Entry Type Invalid entry type
9 Maximum Limit Exceeded Too many subscriptions
10 Chart Data Not Enabled No chart data access
11 Trial Expired Trial period ended

Message Direction: T4 → Client

Tag Field Name Type Req'd Description
Message Header Y MsgType = Y
262 MDReqID String Y Original request ID
281 MDReqRejReason Int O Rejection code (see table)
48 SecurityID String O T4 Market ID
58 Text String O Detailed rejection reason
Message Trailer Y

Unknown Symbol Rejection:

8=FIX.4.2|9=150|35=Y|49=T4|56=T4Example|50=T4FIX|52=20121011-15:33:37.965|
262=md-10/11/2012 10:33:37 AM|48=CME_20211200_ESZ2|281=0|
58=Market is not available|10=234|

Insufficient Permissions:

8=FIX.4.2|9=140|35=Y|49=T4|56=T4Example|50=T4FIX|52=20121011-15:33:38.100|
262=md-10/11/2012 10:33:38 AM|48=CME_20121200_ESZ2|281=3|
58=User lacks exchange permission|10=234|
  • MDReqID matches original request
  • Multi-market requests may show asterisks in MDReqID
  • Text field provides human-readable details
  • developers/fixapi/marketdatarequestreject.txt
  • Last modified: 2025/09/17 01:23
  • by chad