How To Fix FVER140 - There are short positions which cannot be exercised

FVER140 - Overview

• Message type: E = Error

• Message class: FVER - Message Class for Executable Security Rights

• Message number: 140

• Message text: There are short positions which cannot be exercised

What causes this issue?

One or several securities accounts exist(s) for rights category &V1& in
company code &V2& with short positions. You cannot exercise rights with
short positions. Although the positions for these securities accounts
are displayed, the position to be exercised is zero and cannot be
changed.

System Response

The function cannot be executed.

Error message extract from SAP system. Copyright SAP SE.

FVER140 - Details

• The SAP error message FVER140, which states "There are short positions which cannot be exercised," typically occurs in the context of financial transactions, particularly when dealing with options or futures in the SAP system. This error indicates that there are short positions (i.e., positions where the entity has sold securities it does not own) that cannot be exercised due to certain conditions not being met.
  Causes:
  
  
  Insufficient Long Positions: The most common cause is that the user does not have enough long positions (i.e., positions where the entity owns the securities) to cover the short positions. In order to exercise an option, you generally need to have the underlying asset.
  
  
  Settlement Restrictions: There may be restrictions on the settlement of the short positions, such as regulatory or internal policy constraints.
  
  
  Expired Options: The options or contracts associated with the short positions may have expired, making them ineligible for exercise.
  
  
  Incorrect Configuration: There may be configuration