Esma to publish Mifid II commodity market data by July

Data vital to establish if firms are in Mifid II, but it will be incomplete, agency says

Esma has warned the data published in July will be incomplete

The European Securities and Markets Authority (Esma) is planning to publish much-awaited data on the total size of commodity derivatives markets by July this year, has learned.

The data is required to determine whether commodity firms will be in or out of scope of the second Markets in Financial Instruments Directive (Mifid II) when it becomes law on January 3, 2018. Mifid II will embroil commodity firms in an onerous web of financial regulation unless they are able to claim the so-cal