Q&A · ESMA
Various underlyings listed in Annex I, Section C(10) of MIFID II?
Answered
Read the official text on the ESMA website(opens in a new tab)AI-generated Summary
ESMA sets out how position limits apply to C(10) commodity derivatives: freight derivatives and index derivatives (where commodities exceed 50% of the index, with limits based on open interest only) are covered if critical or significant, spread contracts are dealt with separately, and other C(10) contracts follow further rules.
Details
| Reference | ESMA_QA_1277 |
|---|---|
| Issuer | ESMA |
| Published | 23 Sept 2022 |
| Answered | 23 Sept 2022 |
| Submitted | 23 Sept 2022 |
| ESMA topics | Position reporting |
| Earlier Q&A document | ESMA70-872942901-36 Commodity derivatives, Position limits Q&A 10 |
Provisions it relates to
- Article 57 MiFID II · Position limits in commodity derivatives and position management controls in commodity derivatives and derivatives of emission allowancesInferred · 90%
- MiFID II (whole act)Explicit reference