otc derivative
as defined in Regulation (EU) No 600/2014 of the European Parliament and of the Council of…, Article 2(1) (Definitions)
(32a)
‘OTC derivative’ means an OTC derivative as defined in Article 2, point (7), of Regulation (EU) No 648/2012;
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Also defined in
- Regulation (EU) No 648/2012 of the European Parliament and of the Council of 4 July 2012 on OTC derivatives, central… 32012R0648, Article 2, point (7)
a derivative contract the execution of which does not take place on a regulated market as within the meaning of Article 4(1)(14) of Directive 2004/39/EC or on a third-country market considered as equivalent to a regulated market in accordance with Article 19(6) of Directive 2004/39/EC