Back

Logo Amafi Blanc

AMAFI - 13 rue Auber
PARIS 75009

Commodities – Position limits

ESMA held a consultation earlier this year on technical standards for position limits in commodity derivatives markets. AMAFI said in its feedback that, overall, ESMA’s proposals were appropriate for the stated goals of the MiFID II Quick Fix package, namely to simplify the position limit regime and introduce a system that will better support the development of new, less liquid contracts (AMAFI / 21-45).

But AMAFI also voiced scepticism about some of the proposals for technical standards on position management controls. It argued that the proposals, including one to introduce the notion of “close links” to the monitoring of participant positions, impose new obligations that are incompatible with the business of trading venues dealing in commodity derivatives.

Back

All the news

Sponsored research: The new European framework endorses the model championed by the Paris financial center

Effective September 7, 2026, a new European code of conduct will govern research funded, in whole or in part, by […]

Structure of European Equity Markets

In its latest consultation on market structure, ESMA examines the evolution of equity markets against the backdrop of profound changessince […]

Jacques Vigner Elected Chairman of AMAFI

On July 2, 2026, the Board of AMAFI elected Mr. Jacques Vigner as Chairman of the Association. He succeeds Mr. […]