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Message type: E = Error
Message class: FSTCP_FWTR - Message Class for Forward Securities Transaction
Message number: 084
Message text: Price &1 is not a multiple of tick &2
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FSTCP_FWTR084
- Price &1 is not a multiple of tick &2 ?The SAP error message FSTCP_FWTR084 indicates that there is a pricing issue related to a financial transaction, specifically that the price entered is not a multiple of the defined tick size. This error typically occurs in the context of financial instruments or trading transactions where prices must adhere to specific increments or tick sizes.
Cause:
- Price Format: The price you are trying to enter does not conform to the required tick size. For example, if the tick size is 0.01, a price of 10.03 would be valid, but a price of 10.05 would not be if the tick size is 0.02.
- Configuration Issues: The tick size may not be correctly configured in the system for the specific financial instrument or trading environment.
- Data Entry Error: There may have been a mistake in entering the price, leading to a non-compliant value.
Solution:
- Check the Tick Size: Verify the tick size defined for the financial instrument you are working with. This can usually be found in the configuration settings for the instrument or in the trading parameters.
- Adjust the Price: Modify the price you are trying to enter so that it is a valid multiple of the tick size. For example, if the tick size is 0.05, valid prices would be 10.00, 10.05, 10.10, etc.
- Review Configuration: If you believe the tick size is incorrect, consult with your SAP administrator or the team responsible for maintaining the financial instrument configurations to ensure that the tick size is set correctly.
- Consult Documentation: Refer to SAP documentation or help resources for further guidance on handling pricing and tick size issues.
Related Information:
If the issue persists after following these steps, it may be beneficial to reach out to your SAP support team for further assistance.
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