AI Summary of Annex II Types of derivatives
This document outlines a range of financial contracts categorised into three primary classifications: interest-rate contracts, foreign-exchange contracts, and similar instruments pertaining to other reference items or indices.
Firstly, interest-rate contracts encompass various instruments including single-currency interest rate swaps, basis swaps, and interest-rate options. Secondly, the foreign-exchange contracts include cross-currency interest-rate swaps and currency options. Finally, the document references additional contracts aligned with the specified interest-rate and foreign-exchange instruments, ensuring comprehensive coverage under the regulatory framework established by Directive 2014/65/EU.
Annex II Types of derivatives
1. Interest-rate contracts:
(a) single-currency interest rate swaps;
(b) basis-swaps;
(c) forward rate agreements;
(d) interest-rate futures;
(e) interest-rate options;
(f) other contracts of similar nature.
2. Foreign-exchange contracts and contracts concerning gold:
(a) cross-currency interest-rate swaps;
(b) forward foreign-exchange contracts;
(c) currency futures;
(d) currency options;
(e) other contracts of a similar nature;
(f) contracts of a nature similar to (a) to (e) concerning gold.
3. Contracts of a nature similar to those in points 1(a) to (e) and 2(a) to (d) of this Annex concerning other reference items or indices. This includes as a minimum all instruments specified in points (4) to (7), (9), (10) and (11) of Section C of Annex I to Directive 2014/65/EU not otherwise included in point 1 or 2 of this Annex.