On 6 December, AMF issued rules for position limits on Euronext and Powernext.

  • Covers position limits under MiFID/MiFIR for commodity derivatives traded on Euronext etc.

Euronext

  • Sets limits for Wheat, Rapeseed, Corn, Canola, UAN 30 nitrogen solution as traded in lots.
  • Size of lots depends on open position, maturity at deadline and 21 days before a deadline.

Powernext

  • Sets limits for different types of gas traded under PEG Nord, TTF, GPL, NCG, PSV, CEGH, ZTP.
  • Limit varies by size of lots, open position and the country of destination for the gas product.