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‘[[derivative]]’ or ‘[[derivative contract]]’ means a [[financial instrument]] as set out in points (4) to (10) of Section C of Annex I to {{eudirective|2004|39|EC}}<ref> | ‘[[derivative]]’ or ‘[[derivative contract]]’ means a [[financial instrument]] as set out in points (4) to (10) of Section C of Annex I to {{eudirective|2004|39|EC}}<ref>That’s [[MiFID]] ''and not [[MiFID II]]'' to its friends — even though {{t|MiFID II}} ''has'' updated somewhat the Section C of Annex I to include emissions certificates.</ref> as implemented by Article 38 and 39 of {{euregulation|1287|2006|EC}}; | ||
Latest revision as of 08:45, 21 June 2022
‘derivative’ or ‘derivative contract’ means a financial instrument as set out in points (4) to (10) of Section C of Annex I to 2004/39/EC (EUR Lex)[1] as implemented by Article 38 and 39 of 1287/2006 (EUR Lex);