Esma adviser says position limits to be published in November

Task force member warns of market “disorder” in tight window before Mifid II goes live

clock calendar

The European Securities and Markets Authority (Esma) will announce position limits on commodity derivatives in November, an adviser to the regulator has told, flagging possible fire sales of contracts to comply with rules that come into force on January 3, 2018. 

Under the impending second Markets in Financial Instruments Directive (Mifid II), firms’ net positions will be capped unless they qualify for a hedging exemption as a non-financial entity. The late publication date for the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here