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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 [[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}};