Opinion · ESMA
Opinion on position limits on EEX Supramax TC 10 Freight contracts
Published
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ESMA opinion under Article 57(5) MiFID II on the position limits BaFin set for EEX Supramax TC 10 freight futures and options, agreeing that as C(10) freight contracts their spot month limit is set as a percentage of open interest (25%, unadjusted), and concluding that the spot month and other months' limits comply with RTS 21 and are consistent with Article 57.
Details
| Reference | ESMA70-155-10339 |
|---|---|
| Issuer | ESMA |
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