How To Fix FTR_COEX035 - Exercise price entered should be greater than Strike price

FTR_COEX035 - Overview

• Message type: E = Error

• Message class: FTR_COEX - Commodity Exposures

• Message number: 035

• Message text: Exercise price entered should be greater than Strike price

What causes this issue?

For Commodity Option Purchase transaction, Exercise price entered should
be greater than Strike price, whereas, for Commodity Option Sale
transaction, Exercise price entered should be lesser than Strike price.

System Response

Payment amount gets cleared.

How to fix this error?

Enter the Exercise price greater than Strike price in case of Purchase,
whereas, enter the Exercise price lesser than Strike price in case of
Sale.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_COEX035 - Exercise price entered should be greater than Strike price ?

  The SAP error message FTR_COEX035 indicates that there is an issue with the exercise price entered for a financial transaction, specifically in the context of options or derivatives. The error states that the exercise price must be greater than the strike price. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Incorrect Input: The exercise price has been entered incorrectly, and it is less than or equal to the strike price.
  Misunderstanding of Terms: There may be confusion regarding the definitions of exercise price and strike price. The exercise price is the price at which the holder of an option can buy (call option) or sell (put option) the underlying asset, while the strike price is the predetermined price at which the option can be exercised.
  System Configuration: There may be configuration settings in SAP that enforce this rule, and they may not be aligned with the intended financial instruments being