SQL & PL/SQL

I've gotten the error that the data is out of sequence when it goes thru (cursorx opened before this loop of do until);
START LOOP
EXEC SQL
FETCH CURSORX
INTO ...
END-EXEC.
...
COMMIT
...

EXEC SQL
SELECT ...
INTO ...
FROM CMASTER
WHERE ...
END-EXEC.
...
EXEC SQL
SELECT ...
INTO ...
FROM DMASTER
WHERE ...
END-EXEC.
...
COMMIT
...
EXEC SQL OPEN CURSORD END-EXEC.
...
EXEC SQL
FETCH CURSORD
INTO ...
END-EXEC.
...
EXEC SQL
SELECT ...
INTO ...
FROM EMASTER
WHERE ...
END-EXEC.
...
EXEC SQL
SELECT ...
INTO ...
FROM FMASTER
WHERE ...
END-EXEC.
...
EXEC SQL CLOSE CURSORD END-EXEC.
...
EXEC SQL OPEN CURSORE END-EXEC
PERFORM
EXEC SQL FETCH CURSORD INTO ... END-EXEC
UNTIL CONTACT-SW = 'Y'
EXEC SQL CLOSE CURSORD END-EXEC
...
ETC.
END LOOP.

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My background is Mainframe COBOL... and handling something like this would be done (IBM quoted) if I got it right as;

Application:

DECLARE CURSORX CURSOR WITH HOLD FOR SELECT UDF1() ...
OPEN CURSORX
FETCH CURSORX ...
COMMIT

Care to help me out... not seeing a similar function of "WITH HOLD" to keep the cursor position when it gets back to the top of the loop.