Q&A · ESMA
Positions held by an investment firm on behalf of their clients
Answered
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Positions an investment firm holds on behalf of clients count, and are reported, only as positions of the person for whom they are held; they are not added to or netted against the firm's own positions.
Details
| Reference | ESMA_QA_1525 |
|---|---|
| Issuer | ESMA |
| Published | 7 Jul 2017 |
| Answered | 7 Jul 2017 |
| Submitted | 7 Jul 2017 |
| ESMA topics | Position reporting |
| Earlier Q&A document | ESMA 70-872942901-36 Commodity derivatives Q&A, Q&A 4.1 |
Provisions it relates to
- Article 57 MiFID II · Position limits in commodity derivatives and position management controls in commodity derivatives and derivatives of emission allowancesInferred · 85%
- Article 58 MiFID II · Position reporting by categories of position holdersInferred · 70%
- MiFID II (whole act)Explicit reference