Saturn Regulatory Reporting Services

Short Long Code Reporting

The Euronext Short Long Code Reporting service is a means for Members to generate reports to Euronext that includes mapping between short codes and long codes for Euronext Cash and Derivative Markets, Euronext Synapse, Euronext Block MTF.

MiFID II requires Trading Venues to be able to supply regulators with a wide range of order-related data. To ensure that the Trading Venues can fulfil the requirements for Order Record Keeping, Members are requested to submit a mapping between short codes and corresponding long codes via the dedicated Saturn application of the Short Long Reporting service.

Business cut-off time

10:00pm CET at D+1*

Latest time by which a Member need to report its D-day Short Long mapping data to Euronext.

Reports sent after the 10:00pm CET business cut-off time D+1 will be reported to NCA on evening of D+2

Euronext support hours

6:30am CET to 10:00pm CET*

Euronext Market Surveillance support hours

Saturn service open hours

6:30am CET to 10:00pm CET *

Saturn close at 10:00pm CET every day: from that time Members can't access the service and send reports. Reports are rejected and no actions are possible.

Daily submission of reports to National Competent Authorities (NCA)

T+2

National Competent Authorities receive Member reports at 6:30pm CET D+2

Related MiFID II articles and Euronext Rulebook references

Commission Delegated regulation 2017-580 (RTS 24)
Euronext Rulebook: Chapter 2, art 2401 (xiv); Chapter 4, art 4202-1; Chapter 5, art 5301-2

 

*: Euronext opening day calendar

Commodities position reporting

The Euronext Commodity Position Reporting service is a means for Members to generate daily commodity position reports to Euronext.

Euronext as a trading venue is required to provide the relevant competent authorities with a breakdown of the positions held by all persons on the venue on a daily basis.

Euronext also publishes the weekly CoT reports on its website every Wednesday.

Business cut-off time

2:00pm CET at D+1*

Latest time by which a Member needs to report its positions to Euronext.

Reports sent after the 2pm CET business cut-off time D+1 will be reported to NCA on evening of D+2 except if flagged as 'amended' (corrected reports) and only if done before business day close. In that case, this will be reported to the NCA on the same evening.

Business day close

8:00pm CET at D+1*

Maximum time by which a Member can correct and  amend a report already submitted before the business cut-off time (Correction of reports earlier than D-1).

Corrected reports sent after the 8pm CET business day close D+1 will be reported to the NCA on the evening of D+2.

Euronext support hours

6:30am CET to 10:00pm CET*

Euronext Market Surveillance support hours

Saturn service open hours

6:30am CET to 10:00pm CET *

Saturn close at 10:00pm CET every day: from that time Members can't access the service and send reports. Reports are rejected and no actions are possible (modification / cancelation).

Daily submission of reports to National Competent Authorities (NCA)

10:00pm CET*

National Competent Authorities receive Member reports at 10:00pm CET D+1 from Euronext

Weekly COT report publication

Wednesday 5:00pm CET*

Euronext publishes relevant Weekly COT report on Wednesday 5:30pm CET of the following week. Where either Monday, Tuesday or Wednesday of the week in which that report is to be submitted is not a working day Euronext * the report will be submitted as soon as possible and no later than Thursday 5:30pm CET of that week

Related MiFID II articles and Euronext Rulebook references

Art. 57-58 Directive 2014/65/EU; Commission Implementing Regulation (EU) 2017/109; Commission implementing regulation (EU) 2017/953; Commission delegated regulation (EU) 2017/591
Euronext Rulebook: Chap 3, art 2401 (xiv)

 

*: Euronext opening day calendar

Non-MiFID Member reporting

Where a member of a Euronext trading venue is not a MiFID II Investment Firm, the obligation to report transactions under RTS 22 falls on the trading venue. To enable Euronext to fulfil the transaction reporting obligations under RTS 22, Non-MiFID members are required to supply the necessary details of the transactions via the Non-MiFID member reporting tool.  

Business cut-off time

1:59pm CET at D+1*

Latest time by which a Member need to report its D-day transaction reporting data  to Euronext.

Reports sent after the 1:59pm CET business cut-off time D+1 will be reported to the NCA on D+2

Euronext support hours

6:30am CET to 10:00pm CET*

Euronext Market Surveillance support hours

Saturn service open hours

6:30am CET to 10:00pm CET *

Saturn closes at 10:00pm CET every day: from that time Members can't access the service and send reports. Reports are rejected and no action are possible.

Daily submission of reports to National Competent Authorities (NCA)

Twice Daily

Details provided on D-day will be submitted to the NCAs overnight that evening.  Details added before the cut off on D+1 will be sent during the afternoon on D+1.

Related MiFID II articles and Euronext Rulebook references

Article 26 of Directive 2014/65/EU; Commission Delegated Regulation (EU) 2017/590
Euronext Rulebook:  Chapter 2, art 2402

 

*: Euronext opening day calendar