Q&A · ESMA

Price Multiplier for electricity derivative contracts

Answered

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AI-generated Summary

For electricity derivatives in RTS 23 reference data, the price multiplier should be reported in MWh: the number of delivery hours in the delivery period multiplied by the lot size in MW.

Details

Reference	ESMA_QA_1547
Issuer	ESMA
Published	4 Sept 2019
Answered	4 Sept 2019
Submitted	4 Sept 2019
ESMA topics	Position reporting
Earlier Q&A document	ESMA 70-872942901-36 Commodity derivatives Q&A, Q&A 7.1

Provisions it relates to

Article 27 MiFIR · Obligation to supply financial instrument reference data
MiFIR
Inferred · 85%
MiFID II (whole act)
Explicit reference

Documents it refers to

RTSIn forceExplicit reference · 90%
Commission Delegated Regulation (EU) 2017/585 of 14 July 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the data standards and formats for financial instrument reference data and technical measures in relation to arrangements to be made by the European Securities and Markets Authority and competent authorities
European Commission · 31 Mar 2017 · EUR-Lex
AI summaryRTS 23 on financial instrument reference data: sets the content, standards and format of the data that trading venues and systematic internalisers must send to competent authorities under Article 27 MiFIR, submission deadlines, ISIN and LEI identification, and the arrangements for ESMA and competent authorities to receive, check, exchange and publish the data.