How To Fix JBRCAG201 - Vola type &1: Delta-quoted volatilities are only supported for FX options

JBRCAG201 - Overview

• Message type: E = Error

• Message class: JBRCAG - Messages Relating to Risk Management Customizing

• Message number: 201

• Message text: Vola type &1: Delta-quoted volatilities are only supported for FX options

What causes this issue?

You are using a volatility type with moneyness definition <LS>Option
Delta</> for the NPV calculation of options with underlyings other than
foreign exchange transactions.
Delta-quoted volatilities are only supported for plain vanilla foreign
exchange options.

How to fix this error?

Use a volatility type with another moneyness definition.

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 JBRCAG201 - Vola type &1: Delta-quoted volatilities are only supported for FX options ?

  The SAP error message JBRCAG201 indicates that there is an issue related to the volatility type being used in the context of financial instruments, specifically in the area of FX (foreign exchange) options. The message states that "Delta-quoted volatilities are only supported for FX options," which means that the system is expecting a certain type of volatility input that is not being provided correctly for the financial instrument you are working with.
  
  Cause:
  
  
  Incorrect Instrument Type: The error typically arises when you are trying to apply delta-quoted volatilities to a financial instrument that is not an FX option. Delta-quoted volatilities are specifically designed for FX options, and using them for other types of instruments (like interest rate options or equity options) will trigger this error.
  
  
  
  Configuration Issues: There may be a configuration issue in the system where the volatility type is not set up correctly for the specific financial instrument you are working