ESMA · ESMA_QA_1542 Answer Published
Position reporting
- Regulation
- Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Secondary Markets
- Topic
- Position reporting
- Submitted
- 2017-12-15
- Answered
- 2017-12-15
Question
How should the position in the spot month and other months be reported for contracts where there are daily or weekly as well as monthly contracts?
Answer
[ESMA 70-872942901-36 Commodity derivatives Q&A, Q&A 4.20] Positions in daily or weekly contracts whose delivery period is completely included in the spot month should be reported as spot month positions ('SPOT'). Positions in weekly contracts whose delivery period is not completely included in the spot month, i.e. weekly contracts that straddle the spot month and other months, should be reported as other months’ positions ('OTHR'). Positions in quarterly or annual contracts whose delivery period straddles the spot month and other months should also be reported as other months’ positions ('OTHR').
This Q&A is published by European Securities and Markets Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.
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