Line4

1 min readWarningEBA reporting framework 4.2Updated 10 November 2026

Sold cannot be more than total trading (EBA rule v0842_m)

A warning in the financial reporting return (FINREP 9), on template F 10.00, derivatives: trading and economic hedges.

Check your file against this ruleWhat to do if it fails

The rule in plain words

Sold cannot be more than total trading.

EBA checks it for 17 rows, from interest rate (0010) to derivatives (0290). That makes 17 checks. A failure names the one that failed.

How the Line4 Check report words itShow

The first of its checks, word for word as the report shows it when it fails. The others read the same, with their own column, row or sheet.

Organized market options, Of which: sold <= Organized market options, Total Trading

What to do if your filing fails it

  1. 01Open the template below and find the cells the rule reads.
  2. 02Compare the values in your file. If the first is bigger than it may be, one of them is wrong: check both before you change either.
  3. 03EBA allows a small rounding difference, worked out from the decimals each value is reported with.
  4. 04It runs only when your filing indicators mark F 10.00 as reported.
  5. 05This is a warning. It does not stop the filing on its own, but your authority may ask you to explain it.

The cells it reads

Derivatives: trading and economic hedges (F 10.00)

Rows

  • 0010Interest rate
  • 0030OTC options
  • 0050Organized market options
  • 0070Equity
  • 0090OTC options
  • 0110Organized market options
  • 0130Foreign exchange and gold
  • 0150OTC options
  • 0170Organized market options
  • 0190Credit
  • 0210Credit default swap
  • 0220Credit spread option
  • 0230Total return swap
  • 0240Other
  • 0250Commodity
  • 0270Other
  • 0290Derivatives

Columns

  • 0030Total Trading
  • 0040Of which: sold

A worked example

The first of its checks, with simple numbers.

Illustrative values
sold1,200
What the rule then expects

Total trading must then be at least 1,200.

1,200Passes
1,100Fails

A file that reports 1,200 passes. One that reports 1,100 fails, by 100.

The numbers are illustrative, reported to the unit, so the rounding tolerance does not change the result.

Show the rule as writtenShow

EBA's formula, as written out for the first of its checks. Cells are written as {template, row, column, sheet}.

{F_10.00,r0170,c0040,} <= {F_10.00,r0170,c0030,}

The next five:

{F_10.00,r0250,c0040,} <= {F_10.00,r0250,c0030,}{F_10.00,r0270,c0040,} <= {F_10.00,r0270,c0030,}{F_10.00,r0050,c0040,} <= {F_10.00,r0050,c0030,}{F_10.00,r0030,c0040,} <= {F_10.00,r0030,c0030,}{F_10.00,r0240,c0040,} <= {F_10.00,r0240,c0030,}

And 11 more, the same formula for the other cells it covers.

Every FINREP 9 rule, by template

Checks like this one, run at the point of submission, are the first step to real-time supervision.