Opinion · ESMA
Opinion on position limits on EEX GPL natural gas contracts
Published
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ESMA opinion under Article 57(5) MiFID II on the position limits BaFin set for Gaspool (GPL) natural gas futures, which moved from Powernext to EEX in 2020, concluding that both the spot month and other months' limits comply with the RTS 21 methodology and are consistent with the objectives of Article 57.
Details
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Provisions it relates to
- Article 57 MiFID II · Position limits in commodity derivatives and position management controls in commodity derivatives and derivatives of emission allowancesESMA rulebook