E.U. – ESMA Opinions on Position Limits

E.U. – ESMA Opinions on Position Limits

On 8 March 2021, ESMA issued six positive opinions on position limits.

  • ESMA issued six opinions dated 24 February 2021, on position limits under under MIFID II.
  • Follows ESMA February 2021 delegation of powers re opinions to chair.
  • Re MEFFPOWER baseload contracts, PXE Czech financial baseload contracts, OMIP SPEL base contracts, plus EEX Italian, EEX French, EEX Spanish power base contracts.
  • Position limits consistent with MIFID II and methodology developed for setting limits.