This document specifies the elements of an unambiguous scheme to identify over-the-counter (OTC) derivative products that are reportable to trade repositories, in particular:
—?the structure and format of the unique product identifier (UPI) code;
—?the minimum data elements of the UPI reference data library, together with their allowable values.
At a minimum, the UPI code is applicable to OTC derivative instruments falling under the following categories of the classification of financial instruments (see ISO?10962):
—?swaps (S);
—?forwards (J);
—?non-listed and complex listed options (H);
—?others (miscellaneous) (M).