How To Fix CMMFDOR_DRVTV_ORDER306 - Stop limit price must be lower than stop price

SAP Error Message - Details

• Message type: E = Error

• Message class: CMMFDOR_DRVTV_ORDER - Commodity Derivative Order Requests Messages

• Message number: 306

• Message text: Stop limit price must be lower than stop price

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message CMMFDOR_DRVTV_ORDER306 - Stop limit price must be lower than stop price ?

  The SAP error message CMMFDOR_DRVTV_ORDER306 indicates that there is an issue with the stop limit order you are trying to create or modify. Specifically, the error states that the stop limit price must be lower than the stop price. This is a common requirement in trading systems to ensure that the stop limit order is valid.
  Cause:
  
  Incorrect Price Input: The stop limit price you have entered is equal to or higher than the stop price. In a stop limit order, the stop price triggers the order, and the limit price is the maximum price at which you are willing to buy or the minimum price at which you are willing to sell.
  Misunderstanding of Order Types: There may be a misunderstanding of how stop limit orders work, leading to incorrect price entries.
  
  Solution:
  
  Check Your Prices: Review the stop price and stop limit price you have entered. Ensure that the stop limit price is set lower than the stop price.
  
  For a sell stop limit order: Stop price > Stop limit price
  For a buy stop limit order: Stop price < Stop limit price
  
  
  Adjust the Prices: If you find that the stop limit price is not lower than the stop price, adjust it accordingly.
  Re-enter the Order: After making the necessary adjustments, re-enter the order in the system.
  
  Related Information:
  
  Order Types: Understanding the difference between stop orders, limit orders, and stop limit orders is crucial. A stop order becomes a market order when the stop price is reached, while a stop limit order becomes a limit order at the specified limit price.
  Trading Strategies: Familiarize yourself with trading strategies that utilize stop limit orders, as they can be useful for managing risk and executing trades at desired price levels.
  SAP Documentation: Refer to SAP's official documentation or help resources for more detailed information on order types and error messages related to trading functionalities.
  
  If you continue to experience issues after checking the prices, consider reaching out to your SAP support team for further assistance.