Emir reporting deadline causes alarm among commodity traders

Regulators want better view of derivatives market

European commodity traders are rushing to put processes in place to report their over-the-counter and exchange-traded derivatives under the European Market Infrastructure Regulation (Emir) – with some unlikely to make it in time for the February 12 deadline, according to industry sources.

For commodity derivatives end-users that have never been subject to such strict reporting requirements, the drive to comply with the rules has been a complex and expensive project. Smaller companies with ageing