How To Fix TPM_TRCO_CTY055 - Tick value entered for exchange &1 is incorrect

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_TRCO_CTY - Message class for Commodity master data

• Message number: 055

• Message text: Tick value entered for exchange &1 is incorrect

What causes this issue?

The tick amount is the minimum change in the price of the underlying per
unit. The tick value is the minimum change in the value of the one whole
derivative contract.
Tick value = Tick amount * Quanity per contract.

System Response

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

How to fix this error?

Enter the correct tick value. Make sure that the tick value entered is
the correct amount calculated as stated above in quotation currency.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.