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Energy firms seek Mifid II data solution amid deadline fears

Lack of reliable market share estimates for crucial Mifid II test spurs action from industry as firms raise questions over submission timeframe

data-deadline
Absence of reliable data means participants are not sure if they will be caught by Mifid II
    • Roberto Barros
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Amid complaints over an awkward calculation period and a lack of robust market data, energy firms have turned to trade membership body the European Federation of Energy Traders (Efet) to produce data that could form an estimate of market sizes in commodity asset classes.

The figures will be used to help market participants know whether or not they will be caught by the revised Markets in Financial Instruments Directive (Mifid II).

To avoid the scope of Europe's widespread trading and

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