Topic
Position Limits
83 published works
Corporate & Financial Weekly Digest
FCA Publishes Further Set of Position Limits for Commodity Derivative Contracts
By Carolyn H. Jackson, Nathaniel Lalone, Neil Robson
On November 15, the UK Financial Conduct Authority (FCA) updated its webpage (webpage) in connection with position limits for commodity derivative contracts. Under the revised Markets in Financial Instruments Directive…
Banking, Finance and Securities
FCA publishes position limits for commodity derivatives contracts
By Hannah Meakin (UK), Catherine Blake (UK)
The FCA has published position limits on certain commodity derivative contracts which are traded on UK trading venues. The limits have been established by exercising the FCA’s power of direction…
Corporate & Financial Weekly Digest
ESMA Agrees to MiFID II Position Limits Proposed by FCA
By Carolyn H. Jackson, Nathaniel Lalone, Neil Robson
On October 24, the European Securities and Markets Authority (ESMA) published nine opinions on limits regarding commodity derivatives under the revised Markets in Financial Instruments Directive (MiFID II) and the…
Corporate & Financial Weekly Digest
FCA Opens Commodity Derivatives Position Limit Exemption Applications
By Carolyn H. Jackson, Nathaniel Lalone, Neil Robson
On October 18, the UK Financial Conduct Authority (FCA) published the necessary forms for firms to apply for position limits exemptions under the revised Markets in Financial Instruments Directive (MiFID…
Corporate & Financial Weekly Digest
Update on MiFID II ESMA Opinions for Pre-Trade Transparency Waivers and Position Limits
By Carolyn H. Jackson, Nathaniel Lalone, Neil Robson
On September 28, the European Securities and Markets Authority (ESMA) issued a press release (Press Release) that it and the national competent authorities (NCAs) had agreed to a work plan…
Banking, Finance and Securities
Monthly MiFID II round-up
In August the following MiFID II blogs were published: New FCA webpage on position limits for commodity derivative contracts under MiFID II (31 August 2017); ESMA updates guidelines on transaction…
Banking, Finance and Securities
FCA updates webpage on MiFID II commodity derivatives position limits and reporting
By Hannah Meakin (UK), Conor Foley (UK)
The FCA has updated its webpage on the introduction of a position limits and reporting regime for commodity derivatives under MiFID II. From 3 January 2018, trading venues are required to notify…
Other
FCA notification guide for firms and individuals wanting to rely on ancillary activity exemption under MiFID II
By Hannah Meakin (UK), Imogen Garner (UK), Charlotte Henry, Conor Foley (UK)
The FCA has updated its webpage concerning MiFID II and the introduction of position limits and reporting regime for commodity derivatives. The FCA notes that under MiFID II, firms or…
Banking, Finance and Securities
ESMA clarifies transparency and position limit regimes for instruments traded on non-EU trading venues
By Hannah Meakin (UK), Conor Foley (UK)
The European Securities and Markets Authority (ESMA) has published the following: opinion determining third-country trading venues for the purpose of transparency under MiFID II / MiFIR; and opinion determining third-country…
Corporate & Financial Weekly Digest
CFTC Provides Temporary No-Action Relief for Aggregation Notice Filings for Position Limits
By Kevin M. Foley, Timothy D. Kertland
On February 6, the Division of Market Oversight (Division) of the Commodity Futures Trading Commission issued CFTC Letter No. 17-06, which provides time-limited no-action relief from the requirement that persons…