How To Fix CMMFDOR_DRVTV_ORDER196 - Stop price &1 is not a multiple of DCS/MIC tick value &2


CMMFDOR_DRVTV_ORDER196 - Overview

  • Message type: E = Error

  • Message class: CMMFDOR_DRVTV_ORDER - Commodity Derivative Order Requests Messages

  • Message number: 196

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

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  • Self-Explanatory Message

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    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.

    Unfortunately, there isn't any extra information in this error notice.



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Smart SAP Assistant

  • What is the cause and solution for SAP error message CMMFDOR_DRVTV_ORDER196 - Stop price &1 is not a multiple of DCS/MIC tick value &2 ?
    The SAP error message CMMFDOR_DRVTV_ORDER196 indicates that there is an issue with the stop price specified in a trading order. Specifically, the error states that the stop price you are trying to set is not a multiple of the tick value defined for the relevant trading instrument in the DCS (Direct Clearing System) or MIC (Market Identifier Code).
    
    Cause: Tick Value Misalignment: The stop price you are trying to set does not align with the tick size defined for the instrument. For example, if the tick size is 0.01, a stop price of 10.03 would be valid, but a stop price of 10.05 would not be valid if the tick size is 0.02. Incorrect Configuration: The configuration for the trading instrument may not be set up correctly, leading to discrepancies between the expected tick values and the values being used in the order. Data Entry Error: There may be a simple data entry error

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