MiFID/MiFIR REPORTING FIELD COMPARISON
MiFIR (PER ESMA CP 2014/1570)
1
MiFID I
FIELD
DETAILS TO BE REPORTED
FORMAT TO BE REPORTED
Reporting entity
identification code type
Type of code used to identify the entity
executing the transaction
Legal entity : the word “LEI”
FIELD
DETAILS TO BE REPORTED
FORMAT TO BE REPORTED
Reporting Firm
Identification
A unique code to identify the firm which
executed the transaction.
BIC
or
non-legal entity: ISO 3166-1 alpha-2 country
code (2 letter country code) +
the letters “NI” (National Identifier)
or
+ the letters “PN” (Passport Number)
or
+ the letters “CN” (Concatenated Number)
2
Reporting entity
identification code
Code used to identify the entity executing the
transaction.
Legal Entity Identifier: 20 alphanumerical
characters
For legal entities: legal entity identifier
or
or
non-legal entity: ISO 3166-1 alpha-2 country
code (2 letter country code) +
For non-legal entities: see Annex II for details
1
This code should be the firm reference number
of the firm or the Swift Bank Identifier Code
(BIC).
FRN
National Identification Code up to 50
alphanumerical characters
or
+Passport Number up to 50 alphanumerical
characters
or
+ a concatenated code of 18 alphanumerical
characters in the format
YYYYMMDDXXXXXXXXXX
3
Submitting entity
identification code type
Type of code used to identify the entity
submitting the transaction report to the
competent authority
Legal entity : the word “LEI”
or
non-legal entity: ISO 3166-1 alpha-2 country
code (2 letter country code) +
the letters “NI” (National Identifier)
or
+ the letters “PN” (Passport Number)
or
+ the letters “CN” (Concatenated Number)
4
Submitting entity
identification code
Code used to identify the entity submitting the
transaction report to the competent authority
Legal Entity Identifier: 20 alphanumerical
characters Or
non-legal entity: ISO 3166-1 alpha-2 country
code (2 letter country code) +
National Identification Code up to 50
alphanumerical characters
or
+ Passport Number up to 50 alphanumerical
characters
or
+ a concatenated code of 18 alphanumerical
characters in the format
YYYYMMDDXXXXXXXXXX
4
Buy/Sell Indicator
See Buyer/Seller Details below (Fields 5 - 24)
20
Counterparty
Identifies whether the transaction was a buy
or sell from the perspective of the reporting
MiFID investment firm.
Buy
Identification of the counterparty to the
transaction. That identification shall consist of:
BIC
Sell
FRN
otherwise, proprietary
Prepared by The Investment Association from ESMA/2014/1570 - Errors and Omissions Excepted
-1-
MiFIR (PER ESMA CP 2014/1570)
FIELD
DETAILS TO BE REPORTED
MiFID I
FORMAT TO BE REPORTED
FIELD
DETAILS TO BE REPORTED
FORMAT TO BE REPORTED
- where the counterparty is a MiFID
investment firm, a unique code for that firm,
to be determined by the FCA; or
- where the counterparty is a regulated market
or MTF or an entity acting as its central
counterparty, the unique harmonised
identification code for that market, MTF or
entity acting as central counterparty, as
specified in the list published by the
competent authority of the home Member
State of that entity in accordance with Article
13(2).
The FCA has determined that where an firm
reference number or a Swift Bank
Identification Code (BIC) exists for the
counterparty, one of these codes must be
used, or in the case that a counterparty has
neither an firm reference number or a BIC, a
unique internal code allocated by the reporting
firm must be used and that unique internal
code must be used consistently across all
instrument types and platforms for that
counterparty.
24
Buyer details
5
Buyer identification code
type
Type of code used to identify the acquirer of
the legal title to the financial instrument.
Legal entity : the word “LEI”
or
non-legal entity: ISO 3166-1 alpha-2 country
code (2 letter country code) +
the letters “NI” (National Identifier)
or
+ the letters “PN” (Passport Number)
or
+ the letters “CN” (Concatenated Number)
or
'INTERNAL': I
or
Anonymous order book without central
counterparty: M
Prepared by The Investment Association from ESMA/2014/1570 - Errors and Omissions Excepted
-2-
Customer/Client
Identification
This field contains the identification of the
client or customer on whose behalf the
reporting firm was acting.
BIC
For agency transactions a customer/client
identifier is required to identify the client on
whose behalf the transaction has been
conducted. Where an firm reference number
or a Swift Bank Identification Code (BIC)
exists, one of these codes must be used or, in
the case that a customer/client has neither an
firm reference number or a BIC, a unique
internal code allocated by the reporting firm
must be used and that unique internal code
must be used consistently across all
instrument types and platforms for that
counterparty.
otherwise, proprietary
FRN
MiFIR (PER ESMA CP 2014/1570)
6
MiFID I
FIELD
DETAILS TO BE REPORTED
FORMAT TO BE REPORTED
Buyer identification code
Code used to identify the acquirer of the legal
title to the financial instrument
Legal Entity Identifier: 20 alphanumerical
characters or
FIELD
non-legal entity ISO 3166-1 alpha-2 country
code (2 letter country code) +
National Identification Code up to 50
alphanumerical characters
or
+ Passport Number up to 50 alphanumerical
characters
or
+ a concatenated code of 18 alphanumerical
characters in the format
YYYYMMDDXXXXXXXXXX
or
Where buyer code type is I, the word
'INTERNAL'
or
Where buyer code type is M, ISO 10383
segment MIC (4 characters)
7
Country of the branch for
the buyer
Where the buyer is a client, this field should
identify the country of the branch of the
investment firm having the primary
relationship with the client as set out in Article
13(2).
ISO 3166-1 alpha-2 country code (2 letter
country code)
Where no branch was involved in the
transaction or the primary relationship is held
by the investment firm rather than the branch
this should be populated with the country code
of the investment firm.
Where the buyer is not a client this field shall
not be populated
The fields below are only applicable where the buyer is a natural person
8
Buyer - first name (s)
Full first name of the buyer
Up to 100 alphanumerical digits
9
Buyer – surname (s)
Full surname(s) of the buyer
Up to 100 alphanumerical digits
10
Buyer – date of birth
Date of birth of the buyer
ISO 8601 date format:
YYYY-MM-DD
11
Buyer - country of
residence
Country of residence of the buyer
ISO 3166-1 alpha-2 country code (2 letter
country code)
12
Buyer - post code
Post code of the buyer
Up to 50 alphanumerical characters
13
Buy decision maker code
type
Type of code used to identify the person who
makes the decision to acquire the financial
instrument where different from the buyer person with power of attorney or the person
acting under a discretionary mandate
Legal entity : the word “LEI”
or
non-legal entity: ISO 3166-1 alpha-2 country
code (2 letter country code)
+
the letters “NI” (National Identifier)
or
+ the letters “PN” (Passport Number)
or
+ the letters “CN” (Concatenated Number)
14
Buy decision maker code
Code used to identify the person who makes
the decision to acquire the financial instrument
where different from the buyer - person with
power of attorney or the person acting under
a discretionary mandate
Prepared by The Investment Association from ESMA/2014/1570 - Errors and Omissions Excepted
Legal Entity Identifier: 20 alphanumerical
characters or
non-legal entity: ISO 3166-1 alpha-2 country
code (2 letter country code) +
-3-
DETAILS TO BE REPORTED
FORMAT TO BE REPORTED
MiFIR (PER ESMA CP 2014/1570)
FIELD
DETAILS TO BE REPORTED
MiFID I
FORMAT TO BE REPORTED
FIELD
National Identification Code up to 50
alphanumerical characters
or
+Passport Number up to 50 alphanumerical
characters
or
+ a concatenated code of 18 alphanumerical
characters in the format
YYYYMMDDXXXXXXXXXX
The fields below are only applicable where the decision maker is a natural person and where different from the
buyer
15
Buy decision maker First Name
Full first name of the decision maker for the
buyer
Up to 100 alphanumerical digits
16
Buy decision maker Surname
Full surname(s) of the decision maker for the
buyer
Up to 100 alphanumerical digits
17
Buy decision maker Date of birth
Date of birth of the decision maker for the
buyer
ISO 8601 date format:
18
Buy decision maker Country of residence
Country of residence of the decision maker for
the buyer
ISO 3166-1 alpha-2 country code (2 letter
country code)
19
Buy decision maker Post code
Post code of the decision maker for the buyer
Up to 50 alphanumerical characters
Type of code used to identify the disposer of
the title to the financial instrument
Legal entity : the word “LEI”
YYYY-MM-DD
Seller details
20
Seller identification code
type
or
non-legal entity: ISO 3166-1 alpha-2 country
code (2 letter country code)+
the letters “NI” (National Identifier)
or
+ the letters “PN” (Passport Number)
or
+ the letters “CN” (Concatenated Number) or
'INTERNAL': I or Anonymous order book
without central counterparty: M
21
Seller identification code
Code used to identify the disposer of the title
to the financial instrument
Legal Entity Identifier: 20 alphanumerical
characters or
non-legal entity: ISO 3166-1 alpha-2 country
code (2 letter country code) +
National Identification Code up to 50
alphanumerical characters
or
+ Passport Number up to 50 alphanumerical
characters
or
+ a concatenated code of 18 alphanumerical
characters in the format
YYYYMMDDXXXXXXXXXX
or
Where seller code type is I, the word
'INTERNAL'
or
Where seller code type is M, ISO 10383
segment MIC (4 characters)
22
Country of branch for the
seller
Where the seller is a client, this field should
identify the country of the branch of the
investment firm having the primary
Prepared by The Investment Association from ESMA/2014/1570 - Errors and Omissions Excepted
ISO 3166-1 alpha-2 country code (2 letter
country code)
-4-
DETAILS TO BE REPORTED
FORMAT TO BE REPORTED
MiFIR (PER ESMA CP 2014/1570)
FIELD
DETAILS TO BE REPORTED
MiFID I
FORMAT TO BE REPORTED
FIELD
relationship with the client as set out in Article
13(2).
Where no branch was involved in the
transaction or the primary relationship is held
by the investment firm rather than the branch
this should be populated with the country code
of the investment firm.
Where the seller is not a client this field should
not be populated
The fields below are only applicable where the seller is a natural person
23
Seller - First Name
Full first name of the seller
Up to 100 characters
24
Seller - Surname
Full surname(s) of the seller
Up to 100 characters
25
Seller - Date of birth
Date of birth of the seller
ISO 8601 date format:
YYYY-MM-DD
26
Seller - Country of
residence
Country of residence of the seller
ISO 3166-1 alpha-2 country code (2 letter
country code)
27
Seller - Post code
Post code of the seller
Up to 50 alphanumerical characters
28
Sell decision maker code
type
Type of code used to identify the entity who
makes the decision to dispose of the financial
instrument where different from the seller entity with power of attorney or the entity
acting under a discretionary mandate
Legal entity : the word “LEI”
or
non-legal entity: ISO 3166-1 alpha-2 country
code (2 letter country code) +
the letters “NI” (National Identifier)
or
+ the letters “PN” (Passport Number)
or
+ the letters “CN” (Concatenated Number)
29
Sell decision maker code
Code used to identify the entity who makes
the decision to dispose of the financial
instrument where different from the seller entity with power of attorney or the entity
acting under a discretionary mandate
Legal Entity Identifier: 20 alphanumerical
characters or
non-legal entity: ISO 3166-1 alpha-2 country
code (2 letter country code) +
National Identification Code up to 50
alphanumerical characters
or
+Passport Number up to 50 alphanumerical
characters
or
+ a concatenated code of 18 alphanumerical
characters in the format
YYYYMMDDXXXXXXXXXX
The fields below are only applicable where the decision maker is a natural person and where different from the
seller
30
Sell decision maker - First
Name
Full first name of the decision maker for the
seller
Up to 100 characters
31
Sell decision maker Surname
Full surname(s) of the decision maker for the
seller
Up to 100 characters
32
Sell decision maker Date of birth
Date of birth of the decision maker for the
seller
ISO 8601 date format:
33
Sell decision maker Country of residence
Country of residence of the decision maker for
the seller
ISO 3166-1 alpha-2 country code (2 letter
country code)
34
Sell decision maker - Post
code or ZIP code
Post code or Zip code of the decision maker
for the seller
Up to 50 alphanumerical characters
YYYY-MM-DD
Transmission
Prepared by The Investment Association from ESMA/2014/1570 - Errors and Omissions Excepted
-5-
DETAILS TO BE REPORTED
FORMAT TO BE REPORTED
MiFIR (PER ESMA CP 2014/1570)
35
36
MiFID I
FIELD
DETAILS TO BE REPORTED
FORMAT TO BE REPORTED
Transmission of order(s)
indicator
Indication as to whether the transaction
results from an order transmitted by the
reporting firm on behalf of a client to a third
party where the conditions for transmission set
out in Article 4 were not satisfied
Transmission of order(s): Y
Seller transmitting the
order identification code
type
Type of code used to identify the seller
transmitting the order to the reporting firm
where the conditions for transmission set out
in Article 4 were satisfied
Legal entity : the word “LEI”
FIELD
DETAILS TO BE REPORTED
FORMAT TO BE REPORTED
Trading Day
The trading day on which the transaction was
executed.
ARM-determined
No transmission of order(s): N
or
non-legal entity: ISO 3166-1 alpha-2 country
code (2 letter country code) +
the letters “NI” (National Identifier)
or
+ the letters “PN” (Passport Number)
or
+ the letters “CN” (Concatenated Number)
37
Seller transmitting the
order identification code
Code used to identify the seller transmitting
the order to the reporting firm where the
conditions for transmission set out in Article 4
were satisfied
Legal Entity Identifier: 20 alphanumerical
characters
or
non-legal entity: ISO 3166-1 alpha-2 country
code (2 letter country code)
+
National Identification Code up to 50
alphanumerical characters
or
+Passport Number up to 50 alphanumerical
characters
or
+ a concatenated code of 18 alphanumerical
characters in the format
YYYYMMDDXXXXXXXXXX
38
Buyer transmitting the
order identification code
type
Type of code used to identify the buyer
transmitting the order to the reporting firm
where the conditions for transmission set out
in Article 4 were satisfied.
Legal entity : the word “LEI”
or
non-legal entity: ISO 3166-1 alpha-2 country
code (2 letter country code)
+
the letters “NI” (National Identifier)
or
+ the letters “PN” (Passport Number)
or
+ the letters “CN” (Concatenated Number)
39
Buyer transmitting the
order identification code
Code used to identify the buyer transmitting
the order to the reporting firm where the
conditions for transmission set out in Article 4
were satisfied
Legal Entity Identifier: 20 alphanumerical
characters or
non-legal entity: ISO 3166-1 alpha-2 country
code (2 letter country code) +
National Identification Code up to 50
alphanumerical characters
or
+ Passport Number up to 50 alphanumerical
characters
or
+ a concatenated code of 18 alphanumerical
characters in the format
YYYYMMDDXXXXXXXXXX
Transaction details
40
Trading day
Date when the transaction was executed.
Prepared by The Investment Association from ESMA/2014/1570 - Errors and Omissions Excepted
ISO 8601 date format:
2
-6-
MiFIR (PER ESMA CP 2014/1570)
FIELD
41
42
Trading time
Trading capacity
MiFID I
DETAILS TO BE REPORTED
FORMAT TO BE REPORTED
For OTC transactions, the date when the
parties agree the content of the following
fields: quantity, quantity notation, price, price
notation, currencies 1 and 2, price multiplier,
instrument identification, instrument
classification and underlying instrument,
where applicable
YYYY-MM-DD
Time when the transaction was executed.
ISO 8601 time format
For OTC transactions, the time when the
parties agree the content of the following
fields: quantity, quantity notation, price, price
notation, currencies 1 and 2, price multiplier,
instrument identification, instrument
classification and underlying instrument,
where applicable.
hh:mm:ss.0Z
Capacity in which the reporting firm executed
the transaction as defined in Article 1
Principal: P
FIELD
DETAILS TO BE REPORTED
FORMAT TO BE REPORTED
Trading Time
The time at which the transaction was
executed, reported in London local time.
hh:mm:ss
UTC time
3
The time should be specified in hours, minutes
and seconds (hhmmss). Where it is not
possible to input seconds, '00' may be entered
in this field.
where the number of zeros after the ‘seconds’
is determined by the Article 50 MiFID II
requirements UTC time
5
Trading Capacity
Matched principal: M
Agent: A
Identifies whether the firm executed the
transaction
P = principal
- on its own account (either on its own behalf
or on behalf of a client) (that is as principal);
A = agency
- for the account and on behalf of a client
(that is as agent);
- where the firm has executed a transaction in
an agency cross capacity (that is where the
firm has acted as agent for both the selling
and the buying counterparties) and the firm
has chosen to submit a single report to the
FCA representing both of these transactions
this field should be used to indicate that the
firm has executed the transaction in such a
capacity.
Where a firm has executed a transaction in an
agency cross capacity, it may submit two
reports rather than a single report, in which
case this field should indicate that the firm is
acting on behalf of a client.
- where the firm has executed a transaction in
a principal cross capacity (that is where the
firm has simultaneously executed a buy and
sell transaction as principal in a single product
at the same price and quantity) and the firm
has chosen to submit a single report to the
FCA representing both of these transactions
this field should be used to indicate that the
firm has executed the transaction in such a
capacity.
Where a firm has executed a transaction in a
principal cross capacity, and prefers to submit
two reports rather than a single report, this
field should indicate that the firm is acting on
its own account.
43
Quantity
Number of units of the financial instrument,
the nominal value of bonds or number of lots
on derivative contracts in the transaction
Up to 20 numerical digits with a decimal
separator
18
Quantity
The number of units of the financial
instruments, the nominal value of bonds, or
the number of derivative contracts included in
the transaction.
19
Quantity notation
An indication as to whether the quantity is the
number of units of financial instruments, the
No negative or nil values
Where applicable, values should be rounded
and not truncated
For spread bets, the quantity shall be the
monetary value wagered per point movement
in the ultimate underlying financial instrument
44
Quantity Notation
Indication as to whether the quantity reported
is expressed in number of units, in nominal
value or in monetary value
Prepared by The Investment Association from ESMA/2014/1570 - Errors and Omissions Excepted
Number of units: U
Nominal value: N
Monetary value: V
-7-
C = principal cross
X = agency cross
MiFIR (PER ESMA CP 2014/1570)
FIELD
DETAILS TO BE REPORTED
MiFID I
FORMAT TO BE REPORTED
FIELD
DETAILS TO BE REPORTED
FORMAT TO BE REPORTED
nominal value of bonds, or the number of
derivative contracts.
Firms do not need to complete this field since
the FCA already has access to this information.
45
Price
Traded price of the transaction excluding,
where applicable, commission and accrued
interest unless the instrument is traded with a
dirty price
Up to 20 numerical digits with a decimal
separator
In the case of option contracts, it is the
premium of the derivative contract per
underlying security or index
Where applicable, values should be rounded
and not truncated
16
Unit Price
The price per security or derivative contract
excluding commission and (where relevant)
accrued interest. In the case of a debt
instrument, the price may be expressed either
in terms of currency or as a percentage.
Major currency unit
17
Price Notation
The currency in which the price is expressed.
If, in the case of a bond or other form of
securitized debt, the price is expressed as a
percentage, that percentage shall be included.
ISO 3-alpha currency code
Where price reported in monetary terms, it
shall be provided in the major currency unit
In the case of spread bets it should be the
reference price of the underlying instrument.
Where no price is available, a default value
shall be used
If the agreed price is zero a price of zero
should be used.
46
Price notation
Indication as to whether the price and the
strike price is expressed in monetary value, in
percentage or in yield
Monetary value: M
Percentage: P
Yield: Y
Where no price is available, the price notation
shall be populated with N
47
Currency 1
Currency in which the price is expressed
(where price notation is M) or in which the
quantity is expressed (where quantity notation
is V)
ISO 4217 Currency Code, 3 alphabetical
characters
48
Currency 2
Currency in which the reference price of the
ultimate underlying instrument is expressed
(where applicable)
ISO 4217 Currency Code, 3 alphabetical
characters
49
Price multiplier
Number of units of the underlying instrument
represented by a single derivative contract
Up to 10 numerical digits with a decimal
separator
The ISO 4217 currency code must be used.
The major currency must be used (e.g.
pounds rather than pence). If the price is
expressed as a percentage of nominal value
then the ISO 4217 currency code of the
nominal value must be used.
15
Price Multiplier
In case of non-derivative financial instruments:
1
The number of units of the financial
instrument in question which are contained in
a trading lot; for example, the number of
derivatives or securities represented by one
contract.
This field is only mandatory where the
transaction involves an OTC derivative.
50
Consideration
Total monetary value of the transaction based
on settlement values - excluding commission
and accrued interest, except where these are
included in the price.
Up to 20 numerical digits with a decimal
separator
The information reported in the price, price
notation, currency 1, currency 2, quantity,
quantity notation, and price multiplier should
be consistent with the value in this field.
Where there is a zero price the consideration
should be zero.
51
Venue
Identification of the venue where the
transaction was executed
MiFID trading venue or non-EEA valid trading
market: ISO 10383 segment MIC (4
characters)
21
For financial instruments admitted to trading
or traded on a trading venue, where the
transaction on that financial instrument is
executed over-the-counter: XOFF
Identification of the venue where the
transaction was executed. That identification
shall consist in:
- where the venue is a trading venue: its
unique harmonised identification code,
Where the venue is a regulated market,
prescribed market or an MTF (or, where
appropriate, an equivalent venue outside the
EEA), the four character Swift Market
Identifier Code ISO 10383 must be used.
However, where the venue has been identified
as a systematic internaliser, a Swift Bank
Identification Code (BIC) should be used.
For financial instruments admitted to trading
or traded on a trading venue, where the
transaction on that financial instrument is
executed on a Systematic Internaliser (SI):
ISO 10383 MIC (four characters) for that SI
Prepared by The Investment Association from ESMA/2014/1570 - Errors and Omissions Excepted
Venue Identification
-8-
MIC
otherwise "XOFF"
"XXXX" for OTD derivatives
MiFIR (PER ESMA CP 2014/1570)
FIELD
DETAILS TO BE REPORTED
MiFID I
FORMAT TO BE REPORTED
FIELD
Country of the branch
whose market
membership was used for
executing the transaction
The ISO 3166 two character country code shall
be used to identify the country of the branch
of the reporting firm whose market
membership was used to execute the
transaction.
FORMAT TO BE REPORTED
- where the transaction is made off market or
Where an investment firm does not know it is
trading with another investment firm acting as
a SI: XOFF For financial instruments where the
underlying is a financial instrument admitted
to trading or traded on a trading venue and
where the transaction on the main financial
instrument is executed over-the-counter: XXXX
For financial instruments traded on a non-EEA
valid trading venue for which a valid MIC is
not assigned: NEEA
52
DETAILS TO BE REPORTED
the subject of the transaction is an OTC
derivative this should be made clear.
ISO 3166-1 alpha-2 country code (2 letter
country code)
Where the market membership of the
investment firm rather than that of the branch
was used this should be populated with the
country code of the investment firm.
Where the transaction was not executed on a
trading venue this field should not be
populated
Instrument details
53
54
Instrument identification
code type
Code type used to identify the financial
instrument
I = ISIN, A = AII
Instrument identification
code
Code used to identify the financial instrument
Where Instrument identification code type is I,
ISO 6166 ISIN
7
6
Where Instrument identification code type is
A, AII venue + Exchange Product Code (16
alphanumerical characters)
Instrument code type
Instrument Identification
The code type used to report the instrument.
"ISIN"
Where the subject of the transaction is a
financial instrument admitted to trading on a
market this field should indicate whether that
financial instrument has been identified using
an ISO 6166 ISIN or, where the ISIN is not
the industry method of identification for that
market, a code assigned to that financial
instrument by that market.
"Aii"
This shall consist of:
ISIN
- a unique code, decided by the FCA,
identifying the financial instrument which is
the subject of the transaction;
Aii
The unique code should be an ISO 6166 ISIN.
This code must always be used for, but is not
limited to, reporting transactions in warrants.
or, if the financial instrument in question does
not have a unique identification code, the
report must include the name of the
instrument or, in the case of a derivative
contract; the characteristics of the derivative.
The FCA considers that where the financial
instrument in question (which includes
derivatives) is admitted to trading on a market
where the ISO 6166 ISIN is not the industry
method of identification, it will be sufficient to
insert in this field the code assigned to the
instrument by that market.
- or, in the case of an OTC derivative, the
characteristics of the OTC derivative.
Where an OTC derivative is the subject of the
transaction a full description of the OTC
derivative should be provided.
55
Instrument classification
type
Taxonomy type used to classify the financial
instrument
Prepared by The Investment Association from ESMA/2014/1570 - Errors and Omissions Excepted
C = ISO 10962 CFI code
-9-
otherwise name
otherwise description
MiFIR (PER ESMA CP 2014/1570)
56
MiFID I
FIELD
DETAILS TO BE REPORTED
FORMAT TO BE REPORTED
Instrument classification
Taxonomy used to classify the financial
instrument
ISO 10962 CFI code
10
FIELD
DETAILS TO BE REPORTED
FORMAT TO BE REPORTED
Instrument Type
The harmonised classification of the financial
instrument that is the subject of the
transaction.
A = equity
?
This field is only mandatory when the
transaction involves an OTC derivative or a
financial instrument admitted to trading on a
market where the ISIN is not the industry
method of identification. This field must be
used to indicate the instrument type of the
underlying financial instrument, e.g. equity,
bond, index, or other.
12
57
Ultimate underlying
instrument identification
Code type used to identify the ultimate
underlying
I = ISIN, A = AII, L = LEI, C = Country Code,
N=Index Name
9
Derivative Type
Underlying instrument
identification code type
Ultimate underlying
instrument code
O = option
This field is only mandatory when the
transaction involves an OTC derivative or a
financial instrument admitted to trading on a
market where the ISIN is not the industry
method of identification, and must indicate the
derivative type, e.g. option, future, contract
for difference (other than a contract for
difference on an equity option), contract for
difference on an equity option, complex
derivative, warrant, spreadbet (other than a
spreadbet on an equity option), spreadbet on
an equity option, credit default swap or other
swap.
W = warrant
F = future
X = spread bet
D = CFD
Z = CDS
S = other swap
Q= spread bet on option on equity
Y = CFD on option on equity
K = complex derivative
The code type used to report the underlying
instrument.
Firms do not need to complete this field since
the FCA already has access to this information.
code type
58
The harmonised description of the derivative
type.
ISIN code of the Ultimate Underlying
ISO 6166 ISIN Code
For ADR’s, GDR’s and similar instruments, the
code of the instrument on which the
instruments is based.
or AII code
For Convertible bonds, the code of the
instrument in which the bond can be
converted.
For derivatives or other instruments which
have an underlying, the ultimate underlying
instrument code, when the ultimate underlying
is admitted to trading, or traded on a trading
venue.
8
Underlying Instrument
Identification
or ISO 17442 LEI Code
or ISO 3166-1 alpha-2 country code (2 letter
country code)
The instrument identification applicable to the
security that is the underlying asset in a
derivative contract as well as the transferable
security included within article 4(1)(18(c)) of
MiFID.
ISIN
This field is only mandatory when the
transaction involves an OTC derivative and the
underlying is a single equity or single debt
financial instrument admitted to trading on a
regulated market or prescribed market.
or 25 alphanumerical characters for the Index
Name
In case the instrument is referring to an
issuer, rather than to one single instrument,
the LEI code of the Issuer, or the country
code, in case the issuer is a Government, state
or municipal.
In case the underlying or the ultimate
underlying is an Index, the ISIN code for that
index, or when the index does not have an
ISIN, the name of the Index.
When the underlying is a basket, all the
identifying code for each constituent of the
basket that is admitted to trading or is traded
on a trading venue.
59
Put/call identifier
Indication as to whether the derivative
contract is a call or a put.
Prepared by The Investment Association from ESMA/2014/1570 - Errors and Omissions Excepted
P = Put
13
C= Call
Put/Call
Specification whether an option or any other
financial instrument is a put or call.
This field is only mandatory when (i) the
transaction involves an OTC derivative or a
financial instrument admitted to trading on a
market where the ISIN is not the industry
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P = put
C = call
MiFIR (PER ESMA CP 2014/1570)
FIELD
DETAILS TO BE REPORTED
MiFID I
FORMAT TO BE REPORTED
FIELD
DETAILS TO BE REPORTED
FORMAT TO BE REPORTED
method of identification; and (ii) the derivative
type is option, warrant, spreadbet on an
equity option or contract for difference on an
equity option. Where the financial instrument
is a spreadbet on an equity option or a
contract for difference on an equity option this
field should be used to indicate the put/call
status of the equity option.
60
Strike price
Strike price of an option or warrant.
Up to 10 numerical digits with a decimal
separator
14
Strike Price
62
Option style (exercise)
Maturity date
Indication as to whether the option may be
exercised only at a fixed date (European, and
Asian style), a series of pre-specified dates
(Bermudan) or at any time during the life of
the contract (American style).
E = European
Original date of expiry of the reported financial
instrument.
ISO 8601 date in the format
S = Asian
B = Bermudan
A = American
11
YYYY-MM-DD
Maturity Date
The maturity date of a bond or other form of
securitized debt, or the exercise date/maturity
date of a derivative contract.
This field is only mandatory when the
transaction involves an OTC derivative or a
financial instrument admitted to trading on a
market where the ISIN is not the industry
method of identification. Where the derivative
type is spreadbet on an equity option or
contract for difference on an equity option,
this field must be used to indicate the expiry
of the option.
Other relevant information
63
64
Result of the exercise
Delivery type
Indication as to whether the reported
transaction results from an option, warrant,
convertible bond or other financial instrument
having been exercised
Exercise: Y
Indication as to whether the transaction is
settled physically or in cash
Physically settled: P
No exercise: N
Cash settled: C
Optional for counterparty or when determined
by a third party : O
65
Up-front payment
Monetary value of any up-front payment
received or paid by the seller
Up to 10 numerical digits with a decimal
separator
Where the seller receives the up-front
payment, the value populated is positive
Where the seller pays the up-front payment,
the value populated is negative
66
Up-front payment
currency
Currency in which the up-front payment is
expressed
ISO 4217 Currency Code, 3 alphabetical
characters
67
Modification of the
contract
Indication as to whether a increase or
decrease of notional has taken place
Increase: I
Prepared by The Investment Association from ESMA/2014/1570 - Errors and Omissions Excepted
Major currency unit
This field is only mandatory when (i) the
transaction involves an OTC derivative or a
financial instrument admitted to trading on a
market where the ISIN is not the industry
method of identification; and (ii) the derivative
type is option, warrant, spreadbet on an
equity option or contract for difference on an
equity option. Where the financial instrument
is a spreadbet on an equity option or a
contract for difference on an equity option this
field should be used to indicate the strike price
of the equity option.
Where strike price reported in monetary terms
(strike price notation: M), it shall be provided
in the major currency unit
61
The strike price of an option or other financial
instrument.
Decrease: D
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ARM-determined
MiFIR (PER ESMA CP 2014/1570)
MiFID I
FIELD
DETAILS TO BE REPORTED
FORMAT TO BE REPORTED
68
Trader identification code
type (investment
decision)
Code type used to identify the person or the
committee within the reporting firm
responsible for the execution.
ISO 3166-1 alpha-2 country code (2 letter
country code)+ the letters “NI” (National
Identifier) or + the letters “PN” (Passport
Number) or + the letters “CN” (Concatenated
Number) or In case of a formal committee:
COM
69
Trader identification code
(investment decision)
Code used to identify the person or the
committee within the reporting firm who is
responsible for the investment decision
ISO 3166-1 alpha-2 country code (2 letter
country code) +
If the investment decision was made by a
formal committee within the investment firm,
this field shall be populated with a unique
code starting with the prefix “COM” as defined
in Article 7(2) of this Regulation.
FIELD
National Identification Code up to 50
alphanumerical characters
or
+ Passport Number up to 50 alphanumerical
characters
or
+ a concatenated code of 18 alphanumerical
characters in the format
YYYYMMDDXXXXXXXXXX
or
a code up to 50 alphanumerical digits starting
with the prefix “COM”
70
Country of branch for
trader (investment
decision)
The ISO 3166 two character country code shall
be used to identify the country of the branch
of the reporting firm for the person or
committee responsible for the investment
decision, as set out in Article 13(2).
ISO 3166-1 alpha-2 country code (2 letter
country code)
Where the person or committee responsible
for the investment decision was not a person
or committee for a branch but a person or
committee of the investment firm this should
be populated with the country code of the
investment firm.
71
Trader identification code
type (execution)
Code type used to identify the person within
the reporting firm responsible for the
execution
ISO 3166-1 alpha-2 country code (2 letter
country code)+
the letters “NI” (National Identifier)
or
+ the letters “PN” (Passport Number)
or
+ the letters “CN” (Concatenated Number)
72
Trader identification code
(execution)
Code used to identify the person within the
reporting firm responsible for the execution
ISO 3166-1 alpha-2 country code (2 letter
country code) +
National Identification Code up to 50
alphanumerical characters
or
+ Passport Number up to 50 alphanumerical
characters
or
+ a concatenated code of 18 alphanumerical
characters in the format
YYYYMMDDXXXXXXXXXX
73
Country of branch for
trader (execution)
The ISO 3166-1 two character country code
shall be used to identify the country of the
branch for the person responsible for the
execution of the transaction, as set out in
Article 12(2).
ISO 3166-1 alpha-2 country code (2 letter
country code)
Where no branch was involved in the
execution of the transaction, this should be
populated with the country code of the
investment firm.
Prepared by The Investment Association from ESMA/2014/1570 - Errors and Omissions Excepted
- 12 -
DETAILS TO BE REPORTED
FORMAT TO BE REPORTED
MiFIR (PER ESMA CP 2014/1570)
MiFID I
FIELD
DETAILS TO BE REPORTED
FORMAT TO BE REPORTED
74
Algorithm identification
code (investment
decision)
Code used to identify the algorithm within the
reporting firm responsible for the investment
decision (Article 8 of this Regulation)
Up to 50 alphanumerical characters
75
Algorithm identification
code (execution)
Code used to identify the algorithm within the
reporting firm responsible for the execution
(Article 8 of this Regulation)
Up to 50 alphanumerical
76
Waiver indicator
Indication as to whether the transaction was
executed under a pre-trade waiver in
accordance with Articles 4 and 9 of MiFIR
For all instruments:
FIELD
DETAILS TO BE REPORTED
FORMAT TO BE REPORTED
Proprietary
‘L’ = Large in scale
For equity instruments:
‘R’ = Reference price transaction
‘N’ = Negotiated transactions in liquid financial
instruments
‘O’ = Negotiated transactions in illiquid
financial instruments
‘P’ = Negotiated transactions subject to
conditions other than the current market price
of that equity financial instrument.
For non-equity instruments:
‘S’ = Above specific size transaction
‘I’ = Illiquid instrument transaction
77
Short selling indicator
Indication as to whether the seller is
conducting a short sale as defined in Article
2(1)(b) of Regulation (EU) 236/2012 where
the seller is the investment firm or a client of
the investment firm and whether the
transaction was carried out in a market
making or primary dealer capacity under an
exemption in Article 17 of Regulation (EU)
236/2012
Short sale with no exemption: Y
Short sale with exemption: E
No short sale: N
Where the seller is not the investment firm or
a client of the investment this field will not be
applicable.
78
OTC post-trade indicator
Indicator as to the type of transaction in
accordance with Articles 20(3)(a) and 21(5)(a)
of Regulation (EU) 600/2014
79
Commodity derivative
indicator
Indication as to whether the transaction
reduces risk in an objectively measurable way
in accordance with Article 57 of Directive
2014/65/EU
Y: the transaction reduces the risk in an
objectively measurable way.
Unique identification number, internal to the
reporting firm, for each transaction report
Up to 52 alphanumerical characters.
22
Transaction Reference
Number
A unique identification number for the
transaction provided by the MiFID investment
firm or a third party reporting on its behalf
New: N
23
Cancellation Flag
An indication as to whether the transaction
was cancelled.
80
Transaction Reference
Number
N: the transaction does not reduce the risk in
an objectively measurable way.
For transactions executed directly on a trading
venue, this number shall be generated by
trading venues and disseminated to both the
buyer and the seller parties who shall persist it
in transaction reporting.
81
Report status
Indication as to whether the transaction report
is new or a cancellation
Prepared by The Investment Association from ESMA/2014/1570 - Errors and Omissions Excepted
Cancellation: C
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