
New MiFID Position Limits for EEX TTF Gas Announced
BaFin has announced the reintroduction of MiFID II spot month and other months position limits for the Trading Hub Europe (THE) TTF natural gas futures contracts listed on EEX.
This week the EU Council and Parliament announced that they had reached a provisional political agreement on REMIT 2 (click here) achieving a key milestone in the trilogue process. The main themes to emerge from this round of revisions include:
The provisional agreement on REMIT 2 must now be formally adopted by both the EU Parliament and Council. RegTrail will provide a more detailed analysis of the final Level 1 text once formally adopted. Much of the important detail however will follow in the form of the delegated acts and implementing regulations which won’t come before the new year.
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