ESMA harmonises position calculation for trade repositories


Date: 29 March 2018

On 27th March 2018, the European Securities and Markets Authority (ESMA) published guidelines on how trade repositories (TRs) should calculate derivative positions under the European Market Infrastructure Regulation (EMIR).

The Guidelines set out a consistent approach for the calculation of derivative positions by European TRs. Currently, ESMA has registered eight TRs under EMIR.

The guidelines will be translated into the official languages of the EU and become applicable by 3 December 2018.