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Message type: E = Error
Message class: CMMFDOR_DRVTV_ORDER - Commodity Derivative Order Requests Messages
Message number: 305
Message text: Stop limit price must be higher than stop price
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CMMFDOR_DRVTV_ORDER305
- Stop limit price must be higher than stop price ?The SAP error message CMMFDOR_DRVTV_ORDER305 indicates that there is an issue with the limit price and stop price in a trading order. Specifically, the error states that the stop limit price must be higher than the stop price. This is a common requirement in trading systems to ensure that the order is valid and can be executed properly.
Cause:
- Incorrect Price Input: The limit price has been entered as equal to or lower than the stop price. In a stop-limit order, the limit price must always be set above the stop price for a buy order and below the stop price for a sell order.
- Order Type Misconfiguration: The order type may not be configured correctly, leading to this error when trying to place a stop-limit order.
- Data Entry Error: A simple mistake in entering the prices can lead to this error.
Solution:
Check Price Values: Review the values entered for the stop price and limit price. Ensure that:
- For a buy stop-limit order, the limit price is greater than the stop price.
- For a sell stop-limit order, the limit price is less than the stop price.
Correct the Order: If you find that the limit price is incorrectly set, adjust it accordingly:
- Increase the limit price for buy orders.
- Decrease the limit price for sell orders.
Re-enter the Order: After making the necessary adjustments, re-enter the order in the system.
Consult Documentation: If you are unsure about the correct values or order types, refer to the SAP documentation or your organization's trading guidelines.
Seek Help from Support: If the issue persists after correcting the prices, consider reaching out to your SAP support team or system administrator for further assistance.
Related Information:
By following these steps, you should be able to resolve the error and successfully place your trading order.
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