you're reading...
Mifid

FCA updates position limits list

The UK’s Financial Conduct Authority has updated the list of position limits under MiFID II which will apply to commodity derivatives contracts traded on venues under their jurisdiction. The list can be downloaded from here.

The new version adds 12 more limits. Those interested in more specifically identifying the changes are welcome to contact us at info@etr-advisory.com.

About avivhandler

Aviv is the Managing Director of ETR Advisory, a niche consultancy focused on energy and commodity regulation. He has more than 20 years of experience in energy and commodity trading, credit, risk and financial technology. He has delivered a series of trading, credit and risk solutions to a wide variety of oil majors, power and gas companies and investment banks. Prior to founding ETR, he was Partner at SunGard Global Services, where he built a Centre of Excellence in European Energy Regulation. Before that, he founded Coherence, a consulting firm specializing in credit risk in commodity and energy trading as well as software product management. The credit practice ultimately became part of Sirius Solutions, where he was the Managing Director of Europe. He has also held management roles at KWI and Iris Financial, among other organizations. Mr. Handler holds a degree in computer science from Imperial College, University of London.

Discussion

One thought on “FCA updates position limits list

  1. Hi Aviv, Any idea when the FCA will publish explanatory notes on how they arrived at the limits? Similar to what ESMA have done (https://www.esma.europa.eu/sites/default/files/library/fca_lme_aluminium_ah_position_limit_opinion.pdf)

    Posted by Tom Eisner | November 29, 2017, 2:15 pm

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s