Esma releases first crop of position limits

Regulator moving away from publishing all limits in November

Esma approves position limits on rapeseed, corn and milling wheat

The European Securities and Markets Authority (Esma) published the first batch of position limits on August 10, in a sign other limits will be announced as and when Esma approves them, rather than in one go once all limits are finalised.

A member of Esma’s commodity derivatives task force had told earlier that the regulator planned to publish all final limits on commodity derivatives positions in November. That would have given firms at best two months to reduce their positions if nece

To continue reading...