Mifid II update: potential position limits and narrowed exemptions likely for commodity traders
Last month’s updates to the Markets in Financial Instruments Directive (Mifid II) and the Markets in Financial Instruments Regulation (Mifir), the regulations implementing Mifid II, could have a significant impact on energy trading companies, say experts
Regulatory ability to apply position limits to exchange-traded commodity markets, and fewer exemptions for energy firms, will mean those in the energy sector need to pay attention to the European Commission's most recent update to the Markets in Financial Instruments Directive (Mifid II) and Markets in Financial Instruments Regulation (Mifir), say experts.
The October 20 revisions did not contain anything unexpected for the energy industry, as several leaked versions were released before this
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