Template:Derivativecontractdefinition: Difference between revisions

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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>That's {{t|MiFID}} to its friends.</ref>as implemented by Article 38 and 39 of {{euregulation|1287|2006|EC}};
‘[[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 {{t|MiFID}} ''and not {{t|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}};