Re: [Quickfixj-users] QUICK FIX REPONSES

[Philip W. <ph...@wh...>]

On a more general level than Chris’s feedback.

There is no protocol defined “response time requirement” in FIX for an order to be acknowledged or cancelled or filled except those specified in the order itself (eg “Good Till Close”). 

In general counter parties tend to agree (implicitly or otherwise) reasonable execution behaviour and complain if an order is not acked within a reasonable time period. 

But that can be well beyond a reasonable web request response timeout.

If you never get a response from a counter-party you should probably engage them - a session level reject/cancel/business level reject/DK (depending on the direction you’re working in) would generally be expected if it’s incorrect (or an ack if it’ll be filled).

Translating the FIX order state model to a REST API is non-trivial as a result of this.

Best,

Philip Whitehouse

> On 1 Jun 2021, at 11:24, Taysay Shaguy <tay...@gm...> wrote:
> QuickFIX/J Documentation: http://www.quickfixj.org/documentation/
> QuickFIX/J Support: http://www.quickfixj.org/support/
> 
> 
> Dear Team,
> 
> I am sure you all are staying safe. 
> 
> Please I am new to FIX, and while I acknowledge it's not a request and response system. 
> 
> I am integrating to a FIX engine, from a REST interface where I have requests come in via a REST interface,  then wrap the requests as FIX messages and push. 
> 
> I get to validate the feed so, that I can give instant feedback on errors based on defined request parameters. 
> 
> My issue is when I send a request to the engine without a required tag, say a request which requires tag 541,  it bounces back errors. 
> 
> However, sometimes It just goes quiet without any feedback. Please is this a norm?
> 
> Apologies for the looong chat. 
> 
> 
> 
> Terseer (taysay)Shaguy
> Coding & Digitalization Enthusiast
> 
> Email: tay...@ya...
> Phone(s): +2348036533888
> 
> 
> 
> 
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