How To Fix CMMFDOR_DRVTV_ORDER307 - Stop price must be lower than limit price


SAP Error Message - Details

  • Message type: E = Error

  • Message class: CMMFDOR_DRVTV_ORDER - Commodity Derivative Order Requests Messages

  • Message number: 307

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

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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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Smart SAP Assistant

  • What is the cause and solution for SAP error message CMMFDOR_DRVTV_ORDER307 - Stop price must be lower than limit price ?

    The SAP error message CMMFDOR_DRVTV_ORDER307 indicates that there is an issue with the pricing conditions set for a trading order, specifically in the context of derivatives or financial instruments. The error message states that the "stop price must be lower than the limit price." This typically occurs in trading scenarios where you are trying to set up a stop-limit order.

    Cause:

    1. Order Type: The error arises when you are trying to create or modify a stop-limit order, and the stop price you have entered is not lower than the limit price.
    2. Incorrect Pricing: The values entered for the stop price and limit price do not meet the required conditions for the order to be valid.
    3. Market Conditions: Sometimes, the market conditions or the current price of the asset may lead to confusion about what the stop and limit prices should be.

    Solution:

    1. Check Prices: Review the stop price and limit price you have entered. Ensure that the stop price is indeed lower than the limit price.

      • For example, if your limit price is set at $50, your stop price should be set at a value lower than $50 (e.g., $48).
    2. Adjust Order Parameters: If the prices are incorrect, adjust them accordingly and try to submit the order again.

    3. Consult Documentation: If you are unsure about how to set the prices correctly, refer to the SAP documentation or user manuals related to trading orders for guidance on how to set stop and limit prices.

    4. User Training: If this is a recurring issue, consider providing additional training for users on how to correctly enter order parameters in the system.

    5. System Configuration: If the issue persists and seems to be a system-related problem, consult with your SAP administrator or technical support team to ensure that the system is configured correctly for handling trading orders.

    Related Information:

    • Order Types: Understand the different types of orders (e.g., market orders, limit orders, stop orders) and how they function in trading.
    • SAP Modules: This error is likely related to SAP modules that handle financial transactions, such as SAP Treasury and Risk Management (TRM) or SAP Financial Services.
    • User Roles: Ensure that users have the appropriate roles and permissions to create and modify trading orders in the SAP system.

    By following these steps, you should be able to resolve the error and successfully create or modify your trading order.

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