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Former Member

Error during "Option Right > Exercise" in derivatives

Hi Experts,

We are trying to 'Option Right > Exercise' - FWER under stock option, but system shows an error "Cannot physically exercise rights when public sector mgmt is active".

The case is: we bought a call (derivative) of 10 lots for strike amount of $20 per share and now we want to exercise it to its underlying ID number (want to buy shares at agreed price). But due to the error we are not able to exercise this option.

We have activated public sector management as we have configured Module Funds Management.

Message No. FVER177


R Singh

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