Disclosure requirements refer to the regulations that mandate traders to reveal their positions and trades to the relevant authorities, such as regulatory bodies or exchanges. This includes:

1. Position reporting: Disclosing the size and composition of trading positions.

2. Trade reporting: Disclosing details of executed trades, including price, volume, and timing.

3. Ownership reporting: Disclosing beneficial ownership or control of securities.

4. Short selling disclosure: Disclosing short selling activities.

5. Derivatives reporting: Disclosing transactions and positions in derivatives markets.

Disclosure requirements aim to:

1. Promote transparency and market integrity

2. Prevent market manipulation and insider trading

3. Enhance regulatory oversight and monitoring

4. Facilitate risk management and financial stability

5. Inform investors and market participants

By requiring traders to disclose their positions and trades, disclosure requirements help maintain a fair, transparent, and orderly market, enabling regulators to detect and prevent potential market abuses.