ESMA_QA_2203
27/05/2024
Subject Matter
Reporting of price field at position level
Original question
Should the price field at position level be amended following a change in the notional amount?
ESMA Answer
24-05-2024
Original language
No, counterparties should not update the price field at position level after it is reported initially (i.e., with action type ‘new’). The price field at position level should reflect the price of the position when it is first reported.
In particular, in cases where the notional of the position varies (increase/decrease) overtime due to factors such as, the inclusion of new trades into the position or the termination of trades included in that position, the price field should not be updated.
Status: Answer Published
Additional Information
Level 1 Regulation
European Market Infrastructure Regulation (EMIR) Regulation (EU) No 648/2012- MDP
Topic
* EMIR Reporting