COBS 11.2 Additional Information: Derivatives

For the purposes of Rule 6.10.2, and in relation to Transactions in Derivatives, an Authorised Person must include the following additional information:

(a) the maturity, delivery or expiry date of the Derivative;
(b) in the case of an Option, the date of exercise or a reference to the last exercise date;
(c) whether the exercise creates a sale or purchase in the underlying asset;
(d) the strike price of the Option; and
(e) if the Transaction closes out an open Futures position, all essential details required in respect of each contract comprised in the open position and each contract by which it was closed out and the profit or loss to the Client arising out of closing out that position (a difference account).