Topic
Position Limits
83 published works
Corporate & Financial Weekly Digest
ESMA Publishes Opinion on Position Limits on ICE Low Sulphur Gasoil 1st Line Contracts
By Carolyn H. Jackson, Nathaniel Lalone
On May 15, the European Securities and Markets Authority (ESMA) published an opinion on position limits proposed by the UK Financial Conduct Authority (FCA) in respect of ICE Low Sulphur…
IM Insights
CFTC Staff Issues Interpretation Regarding Position Limits Aggregation by Passive Investors in Commodity Pools
On May 2, 2018, staff of the Division of Market Oversight of the Commodity Futures Trading Commission (“CFTC”) issued an interpretation regarding CFTC Reg. 150.4(b)(1), 17 CFR 150.4(b)(1), which provides…
Corporate & Financial Weekly Digest
FCA Revises List of MiFID II Position Limits
By Carolyn H. Jackson, Nathaniel Lalone, Neil Robson
The UK Financial Conduct Authority (FCA) has reviewed the bespoke position limits set for a number of commodity derivatives traded on UK venues. Following its review and as a result…
Corporate & Financial Weekly Digest
FCA Publishes Position Limits on the Swiss Baseload Power Contract
By Carolyn H. Jackson, Nathaniel Lalone, Neil Robson
On January 25, the UK Financial Conduct Authority (FCA) published position limits on a further commodity derivative contract that is traded on a UK trading venue. Further to the FCA’s…
Corporate & Financial Weekly Digest
BaFin Publishes Additional Indicative MiFID II Position Limits
By Carolyn H. Jackson, Nathaniel Lalone, Neil Robson
On January 16, the German federal regulator, Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), updated its Database of Position Limits and published additional indicative position limits for the following contracts: Phelix Power DE…
Corporate & Financial Weekly Digest
FCA Publishes Additional Proposed Position Limits
By Carolyn H. Jackson, Nathaniel Lalone, Neil Robson
On December 7, 2017, the UK Financial Conduct Authority (FCA) updated its database of position limits for bespoke and de minimis contracts to include the following contracts: Swiss Baseload Power…
Corporate & Financial Weekly Digest
Norwegian FSA Publishes Position Limits for Derivative Contracts
By Carolyn H. Jackson, Nathaniel Lalone, Neil Robson
On December 20, 2017, the Norwegian Financial Supervisory Authority (Finanstilsynet or FSA) published a press release on a webpage with position limits for commodity derivatives trading on a trading venue…
Corporate & Financial Weekly Digest
ESMA Amends Opinions on Post-Trade Transparency and Position Limits for Third-Country Trading Venues
By Carolyn H. Jackson, Nathaniel Lalone, Neil Robson
On December 15, 2017, the European Securities and Markets Authority (ESMA) revised two opinions providing guidance to investment firms on their post-trade transparency (Transparency Opinion) and position limits (Limits Opinion)…
Banking, Finance and Securities
ESMA agrees MiFID II position limits on ICE Brent Crude contracts proposed by FCA
By Hannah Meakin (UK), Conor Foley (UK)
The European Securities and Markets Authority (ESMA) has published an opinion on position limits on ICE Brent Crude contracts. The opinion follows a notification ESMA received from the FCA under…
Corporate & Financial Weekly Digest
FCA and BaFIN Publish Position Limits for Commodity Derivative Contracts
By Carolyn H. Jackson, Nathaniel Lalone, Neil Robson
Under the revised Markets in Financial Instruments Directive (MiFID II), limits are required to be established on the size of a net position a person can hold (at all times)…