How To Fix TPM_CTY066 - Market Identifier Code (MIC) &1 not found; enter a valid MIC

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_CTY - Message class for Commodities

• Message number: 066

• Message text: Market Identifier Code (MIC) &1 not found; enter a valid MIC

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_CTY066 - Market Identifier Code (MIC) &1 not found; enter a valid MIC ?

  The SAP error message TPM_CTY066 indicates that the Market Identifier Code (MIC) you are trying to use is not recognized by the system. This error typically occurs in the context of financial transactions, particularly in the Treasury and Risk Management module, where MICs are used to identify trading venues or markets.
  Cause:
  
  Invalid MIC: The MIC you entered does not exist in the system. This could be due to a typo or using an outdated code.
  Missing Configuration: The MIC may not have been set up in the system. This can happen if the relevant market has not been configured in the SAP system.
  Data Synchronization Issues: If your system is integrated with external data sources, there may be synchronization issues leading to missing or outdated MICs.
  
  Solution:
  
  Verify the MIC: Check the MIC you entered for any typographical errors. Ensure that it is the correct code for the market you are trying to reference.
  Check Configuration: 
  
  Go to the relevant configuration settings in SAP to see if the MIC is defined.
  You can check the configuration in the transaction code SPRO under the relevant path for Treasury and Risk Management.
  
  
  Add Missing MIC: If the MIC is indeed missing, you may need to add it to the system. This typically involves:
  
  Navigating to the appropriate configuration area.
  Creating a new entry for the MIC with the necessary details.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for the specific module you are working with to understand how to manage MICs.
  Contact Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with SAP support for further assistance.
  
  Related Information:
  
  Market Identifier Code (MIC): A unique code used to identify stock exchanges and other trading venues. It is standardized by ISO 10383.
  SAP Transactions: Familiarize yourself with relevant SAP transactions such as TPM1, TPM2, or TPM3 for managing treasury operations.
  Integration with External Systems: If your SAP system is integrated with external market data providers, ensure that the data feeds are functioning correctly and that they include the necessary MICs.
  
  By following these steps, you should be able to resolve the TPM_CTY066 error and successfully use the required MIC in your SAP transactions.