ESMA_QA_1508

Status: ✅ Answer Published

Link to ESMA Q&A tool: https://www.esma.europa.eu/publications-data/questions-answers/1508

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Regulatory Context

Regulation : MIFIR

Level 1 Regulation: Markets in Financial Instruments Regulation (MiFIR) Regulation (EU) No 600/2014- MDP

Level 2 Regulation: No information available

Level 3 Regulation: No information available

Topic: ESMA70-1861941480-56 Questions and Answers on MiFIR reporting

Subject Matter: Reporting of Emission Allowances

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Question

Submission Date: 11 July 2022

How should trading venues record phase 4 emission allowances and derivatives thereof under MiFIR Article 25 and RTS 24 for the purpose of the order book record keeping?

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ESMA Answer

Answer Date: 11-07-2022

[ESMA 70-1861941480-56 MiFIR data reporting Q&A, Q&A 19.3] Trading venues should record phase 4 emission allowances under RTS 24 Field 18 - Financial instrument identification code with the following ISINs displayed on European Commission’s website:

EU000A2QMW50 for phase 4 emission allowance EU000A2QMW68 for phase 4 emission aviation allowance

In case of derivatives on phase 4 allowances, trading venues should record these instruments with the ISIN assigned by the National Numbering Agency in Field 18 - Financial instrument identification code. Example:

RTS 24 Field number

RTS 24 Field name

Value

Content to be reported[1]

18

Financial instrument identification code

EU000A2QMW50 or EU000A2QMW68

ISIN displayed on the European Commission’s website and assigned by the relevant National Numbering Agency. 

   

[1] In case of further clarification of the description of the fields are needed these are provided in this column

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This document was automatically extracted from the ESMA EMIR Q&A database.