Energy traders breathe sigh of relief over Mifid II position limits

Euro Parliament
European Parliament, Strasbourg

European energy traders are breathing a sigh of relief over the recently agreed draft text of a second Markets in Financial Instruments Directive (Mifid II) – in particular, its proposals for position limits on commodity derivatives. On January 14, the European Parliament, European Commission (EC) and Council of the European Union (EU) finished a crucial round of negotiations on Mifid II, including the position limit proposals. For the first time, the rules will introduce limits on the