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Error during "Option Right > Exercise" in derivatives

Jun 07, 2017 at 04:06 PM

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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

Regards,

R Singh

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