Opinion · ESMA
Opinion on position limits on OMIP SPEL Base contracts
Published
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ESMA opinion under Article 57(5) MiFID II on the revised position limits the Portuguese CMVM intended to set for OMIP SPEL Base power futures and options, following ESMA's October 2019 opinion on the original limits, concluding that the revised spot month limit and the other months' limit comply with RTS 21 and are consistent with Article 57.
Details
| Reference | ESMA70-155-11701 |
|---|---|
| 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