Commodity position limits cause Mifid II confusion

Commodity position limits cause Mifid II confusion

Dodd-Frank changes

The European Union (EU) is edging closer to implementing a position limits regime for commodity derivatives as part of Mifid II. However, market participants say the current proposals grant too much leeway to national authorities in setting position limits, sowing confusion regarding which entities are ultimately responsible for them.

The European Parliament adopted a revised version of Mifid II on October 26, while the Council of the EU has also released a number of compromise texts in preparat

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