ESMA Q&A 1685 — Q&A — Maturity Date, expiry date and termination date [Answer Published]

Maturity Date, expiry date and termination date

Question

What date should be populated in Field 24 (Expiry date) of RTS 23 for financial instruments without a defined expiry date [e.g. perpetual FX Rolling Spot Futures] for which the population of Field 24 is mandatory according to the CFI validation rules?

---

Answer

[ESMA 70-1861941480-56 MiFIR data reporting Q&A, Q&A 5.5]

For instruments without a defined expiry date for which the population of Field 24 (Expiry date) is mandatory according to the CFI validation rules [e.g. perpetual FX Rolling Spot Futures] Field 24 should be populated with the value 9999-12-31 (in accordance with the ISO format). In case the expiry date becomes determined during the life cycle of the financial instrument Field 24 should be updated accordingly.

---

Source: ESMA original document