04.10.2018

ESMA Agrees Position Limits Under MiFID II

04.10.2018

The European Securities and Markets Authority (ESMA) has published today three opinions on position limits regarding commodity derivatives under the Markets in Financial Instruments Directive and Regulation (MiFID II/MIFIR).

ESMA’s opinions agree with proposed position limits regarding:

•          Feed wheat;

•          Jet kerosene; and

•          Gasoline.

ESMA found that the proposed position limits are consistent with the objectives established in MiFID II and with the methodology developed for setting those limits. ESMA will continue to assess the notifications received and issue opinions in order to ensure that the position limits are set in accordance with the MiFID II framework.

Related articles

  1. Trading Europe From ‘Across the Pond’

    EFAMA said a real-time tape for equities with the inclusion of pre and post-trade data is needed.

  2. Daily Email Feature

    An Uneven Playing Field

    Lynn Strongin Dodds looks at why independent research providers (IRP) have not gained the foothold expected af...

  3. Rapporteur Danuta Hübner has published a report on the MiFIR review. 

  4. Trading Europe From ‘Across the Pond’

    ISDA warns on proposed changes to post-trade deferrals regime.

  5. Trade Reporting In Focus

    APARMA will focus on improving industry data quality, transparency and auditability.