Backloading: Update on when to report historical trades

There was some wrong consensus amongst market participants and even some National Competent Authorities as to when to report historical derivative contracts, which are live on February 12, 2014 and which were entered into on or after August 16, 2012. It was believed to report such trades also with a 90 days grace period.

However, according to an articel in risk magazine, a spokesman from ESMA did not confirm this "90-days" rule for historical trades which were concluded on/after August 16, 2012 and which are still live on February 12, 2014. It was said that those trades must be reported already on February 12, 2014.

For details regarding the backloading of trades, find more in our “facts” section.