Opinion · ESMA
Opinion on position limits on EEX TTF gas contracts
Published
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ESMA opinion of 24 June 2021 under Article 57(5) MiFID II on BaFin's reset position limits for Dutch TTF gas futures and options, following its September 2020 opinion: the spot month limit becomes 25% of deliverable supply (54,933,750 MWh), and ESMA concludes that the spot month and other months' limits comply with RTS 21 and are consistent with Article 57.
Details
| Reference | ESMA70-155-12003 |
|---|---|
| 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