Offers in Money Market

[Former Member]

In Money Market module we create offers from various business partners

using t-code TMCA. Then we execute the order using t-code TMCB.

When we execute TMCB, the system allows us to accept only one offer in

its entirety. But due to Investment policy within the company, which

allows us to invest with one Business partner subject to amount

restrictions(not more than 5% of investible funds), we would like to accept multiple offers partially.

For e.g. if we received two

offers for 10M from Business Partner BOFA and UBS. We want to invest

part of the money with BOFA and another part with UBS as we have

already reached the limit fixed for BOFA,( even though the rate

offered by BOFA is better.) But once we execute BOFA's offer, a

contract is created for the full 10M and we do not have the opportunity

to correct it on the TMCB screen. I go to FTR_EDIT screen and change

the amount to 5M.Now when I come back to the TMCB screen, it does not

allow me to execute the offer from UBS into a contract and I get a

message 'Contract 1000000000007 already exists for the offer'

This is a standard requirement, I guess, with every customer of SAP. Is

there any solution from SAP for this?

Kalyan

[Former Member · Accepted solution]

Hi,

When you come back to TMCB screen, the system will not allow you to create a new contract. But if you notice, the amount for the offer itself would have changed to 5M after you have changed in TM02 for the contract. Hence it won't allow you to create another contract with the same offer.

You have to create a new contract for the remaining amount with another business partner. This is just a tool to compare the rates from various business partners. If there is a limit for one of the partners, then specify the limit amount alone in the offer and for the remaining amount create a new contract.

Regards,

Ravi

[former_member583013]

Hi Kalyan,

This create offer is supported for money market only for fixed deposits and for forex spot and forward. This is just to get an overview of all the bids. The direct contract creation from this is just a flexibility, and as pointed out by you, will be taken in entirety.

But then we always have TM02, to change the fixed term contract, to 5M in your business case. Only then the deal should be settled.

As pointed out, the validation message comes, of you have to create another partial contract from the same offer screen.

The idea of clubbing offers simply is to give an overview. I am glad, you have a customer using it.

Best regards!

Sandip

[Former Member]

Thanks Ravi and Sandip.

I think the functionality is not complete. The internal auditors look at this when they do the audit to ensure that the trader is working in the best interest of the company. If they have to maintain the details in another place, then they can maintain the the offer details also there.

I think SAP should enhance this functionality and that is the reason why nobody uses this.

Thanks guys for the replies. I will close this.

Kalyan

[former_member583013]

I agree with you Kalyan. But we just answered the system behaviour of an old code. Please keep sharing these customer and functional issues which helps the entire community.

Best regards!

Sandip