How To Fix CMMFDOR_DRVTV_ORDER190 - Limit price &1 is not a multiple of DCS/MIC tick value &2

SAP Error Message - Details

• Message type: E = Error

• Message class: CMMFDOR_DRVTV_ORDER - Commodity Derivative Order Requests Messages

• Message number: 190

• Message text: Limit price &1 is not a multiple of DCS/MIC tick value &2

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message CMMFDOR_DRVTV_ORDER190 - Limit price &1 is not a multiple of DCS/MIC tick value &2 ?

  The SAP error message CMMFDOR_DRVTV_ORDER190 indicates that there is an issue with the limit price specified in a trading order. Specifically, the error states that the limit price you are trying to set is not a multiple of the tick value defined for the relevant market (DCS/MIC). 
  Cause:
  
  Limit Price Misalignment: The limit price you are trying to enter does not conform to the tick size rules of the market. Each market has a defined tick size, which is the minimum price movement of a trading instrument. If your limit price is not a multiple of this tick size, the system will throw this error.
  Market Configuration: The market (DCS/MIC) may have specific configurations that dictate the tick size for different instruments. If the limit price does not align with these configurations, the error will occur.
  
  Solution:
  
  Adjust the Limit Price: Modify the limit price you are trying to enter so that it is a multiple of the defined tick size for the market. You can usually find the tick size in the market specifications or trading rules.
  Check Market Settings: Review the market settings in your SAP system to confirm the tick size for the specific instrument you are trading. Ensure that your limit price adheres to these settings.
  Consult Documentation: Refer to the trading platform's documentation or guidelines to understand the tick size and how it applies to the instruments you are trading.
  Contact Support: If you are unsure about the tick size or how to adjust your limit price, consider reaching out to your SAP support team or the trading platform's support for assistance.
  
  Related Information:
  
  Tick Size: The minimum price increment at which a security can be traded. It varies by market and instrument.
  DCS/MIC: DCS (Data Communication Service) and MIC (Market Identifier Code) are used to identify specific trading venues and their associated rules.
  Trading Rules: Each market has its own set of trading rules, including how prices can be set, which can affect order entry.
  
  By ensuring that your limit price is a valid multiple of the tick size, you should be able to resolve this error and successfully place your order.