ESMA call for evidence on position limits – responses published
ESMA has published the responses received to their "call for evidence" on the MiFID II position limits regime. They can be found here. The call for evidence, which can be…
ESMA has published the responses received to their "call for evidence" on the MiFID II position limits regime. They can be found here. The call for evidence, which can be…
The Futures Industry Association has issued this paper on the topic of reporting Exchange Traded Derivatives (ETD) under EMIR. The paper proposes some changes to simplify position reporting of ETDs.…
Last week ESMA issued 3 MiFID II position limit "opinions" on 3 commodity derivative contracts traded on EEX. This follows the publication of opinions in May (see here). Each opinion has confirmed…
This blog is back after a short break. Last week, ESMA published an updated Questions and Answers (Q+A) document, as well as a letter around REFIT (see here). The updated…
EMIR "REFIT", which introduces some significant changes to the way in which EMIR is complied with, has finally been published in the Official Journal of the European Union. The document…
ESMA has issued an updated document on the market sizes to be used for the Ancillary Activity test, which must be undertaken by energy and commodity market participants who wish to…
Recent market manipulation cases (for example see here) have continued the trend of an increased focus on anti abuse activity on the part of regulators. Earlier this year, the UK's…
There have been developments in the story around the suspension of the GB capacity market since our last post here. This story on the Utility Week web site reports that…
While the impact of MiFID II on the energy and commodities sector has been relatively quiet recently (see here), there has been a great deal of discussion in the wider…
The CFTC has charged a former natural gas trader for fraudulently mis-marking physical and futures natural gas trades, as announced in this press release. David Smothermon is alleged to have…