ESMA Guidelines and Recommendations

ESMA consults on extending aggregate trade repository data

ESMA Guidelines and Recommendations

Date: 19 December 2016

On 15 December 2016, the European Securities and Markets Authority opened a public consultation on the extension of data available to the public in trade repositories as stipulated in the European Market Infrastructure Regulation (EMIR).

Public data has experienced several problems related to the comparison and aggregation of data across trade repositories. Therefore, ESMA is setting out several proposals to enhance the data made publicly available by trade repositories and to increase the transparency to the public in general as well as allowing to add the publication of certain figures that will be required by EU regulations such as MiFID II and the Benchmarks Regulation.

This consultation asks stakeholders’ views on ESMA’s proposals related to:

  • the avoidance of double counting of cleared derivatives;
  • data aggregations for commodity derivatives and derivatives using benchmarks, as well as
  • general technical aspects of publication of aggregate data.

The consultation is open for feedback until 15 February 2017. ESMA will use the feedback received to finalise the amendments to the technical standards.