derivative

1. (1) (other than in REC, MAR 5 and MAR 5A) a contract for differences, a future or an option (see also securitised derivative). 112
2. (2) (in REC, MAR 5, MAR 5A and MAR 11159) those financial instruments defined in article 2 (1)(24)(c) of MiFIR or referred to in paragraphs 4 to 10 of Part 1 of Schedule 2 to the Regulated Activities Order124.112

[Note: article 2(1)(29) of MiFIR]124