Dear European Securities and Markets Authority,
Under the right of access to documents in the EU treaties, as developed in Regulation 1049/2001, I am requesting documents which contain the following information:
The EMIR pairing and matching rates for each month from Jan. 2019 to Jan. 2020.
On behalf of the Access to Documents Coordinator:
Dear Mr Volpe,
We would like to refer you to the request for access to document that you
submitted on 13 February 2020.
In reply to your request, please note that ESMA calculations based on
outstanding trades (i.e. EMIR Trade State reports) as of 9 August 2019
display an average paring^1 and matching rates^2 of 59% and 29%,
For more information on this topic, please refer to the Trade Repository
section in ESMA’s Supervision Annual Report 2019 & Work Programme 2020,
which will be published around mid-March 2020.
1 A trade is considered paired if CP1-CP2-UTI of the first leg is equal to
CP2-CP1-UTI of the second leg
2 Trade matching refers to the process of comparing EMIR reportable
fields. Some EMIR fields are excluded from reconciliation since two
counterparties are not expected to populate such fields with matching