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Order Rejection

Order Rejections differ from Order Cancellation as they are issued and controlled by the Trading Venue. An order rejection may be in response to a customer submitting an order, or following the attempt to submit a cancellation or modification request (such as 'OrderCancelRejected'). Orders will ordinarily be rejected by a Trading Venue if there is a problem (or Trading Venue violation) concerning the event that is being attempted. Trading Venues will assist customers by providing a short text reason for the decision to reject an order event that MarketFactory transport to the customer application in the rejection message. Where a rejection reason message is not useful in identifying why an order was rejected further enquires can be made with the Trading Venue concerning individual orders.

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