New EU market abuse rules worry energy traders

Ban on insider trading in commodities seen as “very tricky”

Cutting edge - hedging natural gas storage
Spot markets for natural gas will be covered by Mar's anti-abuse provisions

European Union commodity traders have a new acronym to learn. The EU's Market Abuse Regulation (Mar) has, up to now, been eclipsed by the more immediate and onerous concerns of the European Market Infrastructure Regulation (Emir) and the reworked Markets in Financial Instruments Directive (Mifid II). But that is set to change as Mar takes effect in just over four months – with far-reaching implications that are still poorly understood by many market participants.

Up until recently, Mar was viewe