Reporting of the price

252. When reporting derivative contracts, in accordance with Article 6(2) of the drat RTS on reporting, counterparties should utilise field 2.48 'Price' only when price information is not included in another field of the report.

253. According to Article 6(1) of the draft RTS on reporting, counterparties should populate field 2.48 when reporting the following derivative types:

a. swaps with periodic payments relating to commodities (fixed price to be populated in field 2.48);

b. forwards relating to commodities or equities (forward price of the underlying to be populated in field 2.48);:

c. swaps relating to equities, or contracts for difference (initial price of the underlying to be populated in field 2.48).

d. However, field 2.48 is not applicable and shouldn't be populated when reporting one of the following derivative types:

e. Interest rate swaps and forward rate agreements, as it is understood that the information included in fields Fixed rate of leg 1/2 and Spread of leg 1/2 should be interpreted as the price of the derivative.

f. Interest rate options and interest rate swaptions, as it is understood that the information included in fields Strike price and Option premium amount should be interpreted as the price of the derivative.