OTC derivative

Definitions over time (2)

12/01/2016 – today applies on 12/11/2026 Article 2, European Market Infrastructure Regulation (EMIR) Scope: Whole act Also: OTC derivative contract

For the purposes of this Regulation, the following definitions shall apply:

‘OTC derivative’ or ‘OTC derivative contract’ means a derivative contract the execution of which does not take place on a regulated market within the meaning of Article 4(1)(14) of Directive 2004/39/EC or on a third-country market considered to be equivalent to a regulated market in accordance with Article 2a of this Regulation;
01/01/2014 – 12/01/2016 Article 2, European Market Infrastructure Regulation (EMIR) Scope: Whole act Also: OTC derivative contract

For the purposes of this Regulation, the following definitions shall apply:

‘OTC derivative’ or ‘OTC derivative contract’ means a derivative contract the execution of which does not take place on a regulated market as within the meaning of Article 4(1)(14) of Directive 2004/39/EC or on a third-country market considered as equivalent to a regulated market in accordance with Article 19(6) of Directive 2004/39/EC;

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