Remit insider trading rules continue to confuse energy traders

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Questions continue to hang over Remit

Almost two years after the Regulation on Wholesale Energy Market Integrity and Transparency (Remit) came into force, the legislation on energy market manipulation and insider trading continues to bamboozle firms across the European Union (EU).

Much of the confusion stems from parts of the December 2011 law that clamp down on insider trading – a concept that is clear-cut in financial markets, but less well-suited to physical power and gas, according to energy traders.

"Financial and physical ener