Cancel Quote

Message is Quote (35=S)

SubscriberOpenYieldTRRQ
TagNameRequiredNotes
131QuoteReqIDOptionalRFO session only: the QuoteReqID being responded to
117QuoteIDRequiredUnique quote ID; same ID used for updates and cancels
537QuoteTypeOptional0=Indicative (Order Book Summon)·1=Tradeable (Firm RFO)
301QuoteResponseLevelOptional2=Acknowledge All
54SideRequired1=Buy·2=Sell
132BidPxRequiredPrice when Side=Buy; zero otherwise
133OfferPxRequiredPrice when Side=Sell; zero otherwise
645MktBidPxOptionalDealer only: tiered bid price
646MktOfferPxOptionalDealer only: tiered offer price
134BidSizeRequiredQuantity in bonds when Side=Buy; zero otherwise
135OfferSizeRequiredQuantity in bonds when Side=Sell; zero otherwise
60TransactTimeRequiredTime the quote was submitted
Repeating Group

PartyBlock-Inbound(453 NoPartyIDs)

Party block sent by subscribers on orders, quotes, and RFO requests. Identifies the trading party and optional sub-accounts.

TagNameRequiredNotes
448PartyIDRequired
452PartyRoleRequiredRole of this party entry

Party Roles

RoleNameRequiredNotes
3Client IDRequiredYour assigned counterparty code (not MPID)
4Clearing FirmRequired (Y/O)Your MPID shown to contra firms. Optional if OpenYield can determine it via rules; mandatory if multiple MPIDs or configured so.
5Investor IDOptionalAccount / sub-account code if subscriber is configured for SubIDs
24Customer CodeRequired (Y/O)Pass-through tag; OpenYield returns this unchanged on all responses. Use for internal codes, strategy, algo, desk, portfolio, etc.
11Order Origination TraderRequired (Y/O)Obfuscated trader code for GUI users. OpenYield reflects it on all responses.
Repeating Group

QuoteQualifiersGroup(735 NoQuoteQualifiers)

Optional qualifier block on Quote messages indicating AllOrNone condition.

TagNameRequiredNotes
695QuoteQualifierOptionalA=AllOrNone
Repeating Group

SecurityBlock

The security being traded.

TagNameRequiredNotes
55SymbolRequiredSecurity identifier (ISIN, CUSIP, or FIGI per configuration)
48SecurityIDRequiredSecurity identifier (ISIN, CUSIP, or FIGI per configuration)
22SecurityIDSourceRequired1=CUSIP·4=ISIN·A=Bloomberg FIGI
460ProductRequired (Y/O)1=Agency·3=Corporate·6=Government·11=MunicipalRequired on OpenYield responses; optional on subscriber messages.

Send in the same message format as a New Quote with the size and price set to zero. If the Quote has already been executed, OpenYield will reject this message.

For example, to cancel FLAME-00001:

8=FIX.4.4 9=231 35=S 34=158 49=FLAMESTREET-TR 52=20231031-16:42:12.532 56=OPENYIELD-TR 22=4 48=USZ00000ZZ0X 54=1 55=USZ00000ZZ0X 60=20231031-16:42:12 117=FLAME-00001 132=0 134=0 301=2 453=2 448=FlameStreet 452=3 448=APCC 452=4 537=1 645=98.3 10=243

Message is Quote Status Report (35=AI)

QuoteStatus (297) = 1Canceled for Symbol
OpenYieldSubscriberTRRQ
TagNameRequiredNotes
117QuoteIDRequiredSubscriber's QuoteID
693QuoteRespIDRequiredOpenYield's identifier for this cancellation
54SideRequired1=Buy·2=SellMatches quote
132BidPxRequiredPrice if Side=Buy, matches quote
133OfferPxRequiredPrice if Side=Sell, matches quote
645MktBidPxOptionalDealer tiered price if Side=Buy
646MktOfferPxOptionalDealer tiered price if Side=Sell
134BidSizeRequiredQuantity if Side=Buy, matches quote
135OfferSizeRequiredQuantity if Side=Sell, matches quote
297QuoteStatusRequired0=Accepted·1=Canceled for Symbol·5=Rejected
Repeating Group

PartyBlock-Execution(453 NoPartyIDs)

Party block returned by OpenYield on non-fill execution reports.

TagNameRequiredNotes
448PartyIDRequired
452PartyRoleRequiredRole of this party entry

Party Roles

RoleNameRequiredNotes
3Client IDRequiredMatches Order
4Clearing FirmOptionalMatches Order
5Investor IDOptionalMatches Order
24Customer CodeOptionalMatches Order
11Order Origination TraderOptionalMatches Order
1Executing FirmRequiredOpenYield MPID
Repeating Group

SecurityBlock

The security being traded.

TagNameRequiredNotes
55SymbolRequiredSecurity identifier (ISIN, CUSIP, or FIGI per configuration)
48SecurityIDRequiredSecurity identifier (ISIN, CUSIP, or FIGI per configuration)
22SecurityIDSourceRequired1=CUSIP·4=ISIN·A=Bloomberg FIGI
460ProductRequired (Y/O)1=Agency·3=Corporate·6=Government·11=MunicipalRequired on OpenYield responses; optional on subscriber messages.

If a Quote is canceled in response to a Quote message, OpenYield sends back a QuoteStatusReport (35=AI) message with QuoteStatus set to Canceled for Symbol (297=1).

If there have been fills against this Quote, OpenYield will follow the Completed Order process below and complete the trade.

For example, FLAME-00001 is Canceled:

8=FIX.4.4 9=179 35=AI 34=533 49=OPENYIELD-TR 52=20231031-16:42:12.537 56=FLAMESTREET-TR 22=4 48=USZ00000ZZ0X 54=1 55=USZ00000ZZ0X 117=FLAME-00001 132=99.05 134=50 297=1 693=RSP20231031-000000366 10=102