Opinion · ESMA
Opinion on position limits on EEX NCG Natural Gas contracts
Published
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ESMA opinion of 24 June 2021 under Article 57(5) MiFID II on the reset position limits BaFin intended to set for EEX NetConnect Germany (NCG) natural gas futures, concluding that the spot month and other months' limits comply with the RTS 21 methodology and are consistent with Article 57.
Details
| Reference | ESMA70-155-12026 |
|---|---|
| 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