How To Fix CMMFDOR_DRVTV_ORDER303 - Stop limit price &1 is not a multiple of DCS/MIC tick value &2


CMMFDOR_DRVTV_ORDER303 - Overview

  • Message type: E = Error

  • Message class: CMMFDOR_DRVTV_ORDER - Commodity Derivative Order Requests Messages

  • Message number: 303

  • Message text: Stop limit 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.

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CMMFDOR_DRVTV_ORDER303 - Details

  • The SAP error message CMMFDOR_DRVTV_ORDER303 indicates that there is an issue with the stop limit price specified in a trading order. Specifically, the error states that the stop limit price you are trying to set is not a multiple of the tick value defined for the trading instrument in the relevant market (DCS/MIC).
    
    Cause: Tick Value Misalignment: Each financial instrument has a defined tick size, which is the minimum price movement of the instrument. The stop limit price must be a multiple of this tick size. If the price you entered does not align with this requirement, the error will occur. Incorrect Configuration: The tick value may not be correctly configured in the system for the specific market or instrument you are trading. Data Entry Error: There may be a simple mistake in the price you entered, such as an incorrect decimal place or an inappropriate value.
    Solution: Check Tick Size: Verify the tick size for

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