EU firms face margin threat as Brexit tips futures into OTC regime

Mid-2021 clearing, margin thresholds loom as LME, Ice futures lose exchange-traded status in EU

Post-Brexit-frictions

European Union-based users of some popular UK-listed commodity contracts saw their trades reclassified as over-the-counter on January 4 after the Brexit transition period expired without a deal on equivalence for trading venues.

Brent oil contracts at Ice Futures Europe and aluminium futures traded at the London Metal Exchange (LME) are among the affected contracts. EU corporates that continue to trade the contracts must meet additional reporting requirements and could face greatly increased

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net 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: