How To Fix CMMFDOR_DRVTV_ORDER197 - Price up to spread limit &1 is not a multiple of DCS/MIC tick value &2


CMMFDOR_DRVTV_ORDER197 - Overview

  • Message type: E = Error

  • Message class: CMMFDOR_DRVTV_ORDER - Commodity Derivative Order Requests Messages

  • Message number: 197

  • Message text: Price up to spread limit &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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CMMFDOR_DRVTV_ORDER197 - Details

  • The SAP error message CMMFDOR_DRVTV_ORDER197 indicates that there is an issue with the pricing of a financial instrument, specifically in the context of derivatives or futures trading. The error message states that the price you are trying to set is not compliant with the defined spread limit and tick value for the instrument.
    
    Cause: Price Not a Multiple of Tick Value: The price you are trying to enter is not a multiple of the defined tick value for the instrument. Tick values are the smallest price increment that can be used for trading. Spread Limit Violation: The price exceeds the maximum allowable spread limit defined for the trading instrument. This could be due to market conditions or incorrect pricing input.
    Configuration Issues: There may be issues with the configuration of the trading parameters in the system, such as incorrect tick values or spread limits.
    Solution: Adjust the Price: Ensure that the price you are entering is

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