Opinion · ESMA
Opinion on position limits on Phelix DE Base Power contracts
Published
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ESMA opinion of 2 December 2020 under Article 57(5) MiFID II on the position limits BaFin intended to set for EEX Phelix DE Base power futures and options, concluding that the spot month and other months' limits comply with the RTS 21 methodology and are consistent with the objectives of Article 57.
Details
| Reference | ESMA70-155-11230 |
|---|---|
| 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