Last Wednesday, Euronext announced that the commodities trading report required by the European Supervisory Authority will be launched this week for the first time.
The stock exchange had already repeatedly announced the publication of the "Commitments of Traders" (COT) and repeatedly postponed. The quality of the reports from exchange participants had to be improved.
COT reports are designed to give traders on the stock market an overview of who owns which products and what was traded the previous week.
Euronext now wants to publish its reports on its website every Wednesday after the close of trading; This includes all forward market turnover recorded until Friday of the previous week.
So-called COT reports have been published in the US for years. These are published on Friday after the close of trading and include all stock market turnover until the previous Tuesday.
Euronext operators divide their sales into five categories: investment firms or credit institutions, investment funds, other financial institutions, entrepreneurs and entrepreneurs with reporting requirements under 2003/87 / EC.This includes, for example, companies that trade pollution rights.
For each category, the stock market will report the number of long and short positions held, as well as the previous week's changes, the percentage of the total contract portfolio of the stock market and the number of market participants holding commodity futures in their portfolio.
Euronext Paris will prepare reports for agri-durables on milling wheat, rape seed, rapeseed meal and corn. Other products such as skimmed milk powder, rapeseed oil, nitrogen fertilizers and wood pellets are currently not traded and therefore there are no COT reports.
Sources: Euronext / Reuters
