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Article 2 - Cleared trades

Article 2
Cleared trades

1.Where a derivative contract whose details have already been reported pursuant to Article 9 of Regulation (EU) No 648/2012 is subsequently cleared by a CCP, that contract shall be reported as terminated by specifying in field 93 in Table 2 of the Annex the action type ‘Early Termination’, and new contracts resulting from clearing shall be reported.

2.Where a contract is both concluded on a trading venue and cleared on the same day, only the contracts resulting from clearing shall be reported.

Official text · consolidated version 01/11/2017 (in force) Open full page ↗
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