ESMA_QA_2203
27/05/2024
Subject Matter
Reporting of price field at position level
    Should the price field at position level be amended following a change in the notional amount?
    ESMA Answer
    24-05-2024

      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