Article 2 Cleared trades

  1. (1)

    Where a derivative contract whose details have already been reported pursuant to Article 9 of Regulation (EU) No 648/2012 is subsequently cleared by a CCP, that contract shall be reported as terminated by specifying in field 93 in Table 2 of the Annex the action type "Early Termination", and new contracts resulting from clearing shall be reported.

  2. (2)

    Where a contract is both concluded on a trading venue and cleared on the same day, only the contracts resulting from clearing shall be reported.