ESP BME CCP Financial Derivatives

Updated on: May 28, 2025

Latest Event


  • May 2025 Updated Rules
  • On May 23, 2025, ESP BME CCP issued updated rules for CCPs in derivatives segment.
  • Version V 3.0 changes to closing time for xRolling FX Currency Futures in rule 8.3.
  • This version becomes applicable on Jul. 7, 2025.

On Sep. 7, ESP BME CCP published general conditions on derivatives.

  • ESP BME CCP issued general conditions, dated Jul. 14, 2023, that implement the regulations regarding contracts that form part of the financial derivatives segment.
  • Modifications made to sections 1.3 and 1.12 re banks in liquidation, collateral.
  • Document dated Sep. 7, 2023, received on Sep. 13, summarized on Sep. 16, 2023.
  • Overview
  • Contracts on derivative financial instruments admitted to trading in MEFF, the governing society of the financial market, form part of financial derivatives segment.
  • General conditions are structured into separate sections, firstly covering general characteristics - provisions are applicable to contracts that are part of this segment.
  • Subsequent sections refer to the specifications of each of these contracts.
  • Effectiveness
  • General conditions entered into force on Sep. 7, 2023.
  • Dec. 2023 Updated Rules
  • On Dec. 1, 2023, ESP BME CCP issued updated rules for CCPs in derivatives segment.
  • Version 2.0 of Nov. 20 adapts rules to CCP RRR, changes impact paras 1.14 and 1.15.
  • The amended version of the rulebook enters into force on Dec. 5, 2023.
  • May 2025 Updated Rules
  • On May 23, 2025, ESP BME CCP issued updated rules for CCPs in derivatives segment.
  • Version V 3.0 changes to closing time for xRolling FX Currency Futures in rule 8.3.
  • This version becomes applicable on Jul. 7, 2025.
Regulators
ESP BME CCP
Entity Types
B/D; Bank; Depo; Exch; IA; Inv Co
Reference
RF 5/23/2025; RF 12/01/2023; RF 9/7/2023; CCP RRR Reg 2021/23
Functions
Compliance; Financial; Legal; Operations; Settlement; Trade Reporting; Trading
Countries
Spain
Category
State
N/A
Products
Banking; Clearing; Corporate; Derivatives; Fund Mgt; Investment Bank; Securities
Rule Type
Final
Regions
EMEA
Rule Date
Sep 7, 2023
Effective Date
Jul 7, 2025
Rule ID
184865
Linked to
N/A
Reg. Last Update
May 23, 2025
Report Section
EU