Q&A · ESMA
Third country issues
Answered
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Whether economically equivalent contracts on a third-country venue count as EEOTC for position limits and reporting depends on whether ESMA lists that venue in the annex to its opinion; contracts on unlisted venues are EEOTC, and participants should alert their competent authority so the venue can be assessed.
Details
| Reference | ESMA_QA_1546 |
|---|---|
| Issuer | ESMA |
| Published | 23 Sept 2022 |
| Answered | 23 Sept 2022 |
| Submitted | 23 Sept 2022 |
| ESMA topics | Third country issues |
| Earlier Q&A document | ESMA 70-872942901-36 Commodity derivatives Q&A, Q&A 6.1 |
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 · 75%
- Article 58 MiFID II · Position reporting by categories of position holdersInferred · 85%
- MiFID II (whole act)Explicit reference