Q&A · ESMA
Scope of the trading obligation for interest rate derivatives
Answered
Read the official text on the ESMA website(opens in a new tab)AI-generated Summary
The derivatives trading obligation under Delegated Regulation 2017/2417 covers only the specified interest rate swaps traded at par; non-par swaps, including market-agreed-coupon swaps, are not currently subject to it.
Details
| Reference | ESMA_QA_1560 |
|---|---|
| Issuer | ESMA |
| Published | 28 Mar 2018 |
| Answered | 28 Mar 2018 |
| Submitted | 28 Mar 2018 |
| ESMA topics | Non-equity transparency |
| Earlier Q&A document | ESMA 70-872942901-35 MiFIR transparency Q&A, Q&A 4.12 |
Provisions it relates to
- Article 28 MiFIR · Obligation to trade on regulated markets, MTFs or OTFsInferred · 95%
- MiFID II (whole act)Explicit reference