Updated 18/09/2024
No longer in force since 14/08/2022

Initial Legal Act
Amendments
Positionslimit für GPL natural gas Future Kontrakte
Published: 27/12/2019
Art. 16
Positionslimits für NCG natural gas Future Kontrakte
Published: 14/07/2021
Art. 16
Positionslimits für PSV natural gas Future Kontrakte
Published: 27/12/2019
Art. 16
Positionslimit für French Power Future (Peak) Kontrakte
Published: 03/01/2018
Art. 16
Positionslimits für Italian Power Future (Peak) Kontrakte
Published: 19/07/2018
Art. 16
Positionslimit für CEGH VTP natural gas Future Kontrakte
Published: 27/12/2019
Art. 16
Positionslimit für Phelix Power DE Future (Peak) Kontrakte
Published: 07/02/2018
Art. 16
Positionslimits für Phelix Power DE Future (Peak) Kontrakte
Published: 10/10/2018
Art. 16
Positionslimit für PXE Czech Power Future (Base) Kontrakte
Published: 15/04/2021
Art. 16
Positionslimit für Phelix Power Future DE/AT (Peak) Kontrakte
Published: 03/01/2018
Art. 16
Positionslimits für TTF natural gas Future und TTF natural gas Option Kontrakte
Published: 14/07/2021
Art. 16
Positionslimits für Panamax-TC-Freight Future und Panamax-TC-Freight Option Kontrakte
Published: 19/07/2018
Art. 16
Positionslimit für Italian Power Future (Base) Kontrakte und Option (Base) Kontrakte
Published: 03/01/2018
Art. 16
Positionslimit für French Power Future (Base) und French Power Option (Base) Kontrakte
Published: 03/01/2018
Art. 16
Positionslimit für Capesize-C7-Freight Future and Capesize-C7-Freight Option Kontrakte
Published: 11/12/2019
Art. 16
Positionslimit für Panamax-TC4-Freight Future und Panamax-TC4-Freight Option Kontrakte
Published: 11/12/2019
Art. 16
Positionslimit für Capesize-TC5-Freight Future and Capesize-TC5-Freight Option Kontrakte
Published: 11/12/2019
Art. 16
Positionslimit für Supramax-TC10-Freight Future und Supramax-TC10-Freight Option Kontrakte
Published: 11/12/2019
Art. 16
Positionslimit für Phelix Power DE Future (Base) und Phelix Power DE Option (Base) Kontrakte
Updated: 26/01/2021
Published: 22/12/2020
Art. 16
Positionslimit für Phelix Power Future DE/AT (Base) Kontrakte und Option DE/AT (Base) Kontrakte
Published: 03/01/2018
Art. 16
Positionslimits für French Power Future (Base) Kontrakte und French Power Option (Base) Kontrakte
Published: 15/04/2021
Art. 16
Positionslimit für Italian Power Future (Base) Kontrakte und Italian Power Option (Base) Kontrakte
Published: 15/04/2021
Art. 16
Positionslimit für Phelix Power DE/AT Future (Base) und Phelix Power DE/AT Option (Base) Kontrakte
Published: 22/12/2020
Art. 16
Positionslimit für Spanish Power Future (Base) Kontrakte und Spanish Power Option (Base) Kontrakte
Published: 03/01/2018
Art. 16
Positionslimit für Spanish Power Future (Base) Kontrakte und Spanish Power Option (Base) Kontrakte
Published: 15/04/2021
Art. 16
Positionslimit für Phelix Power DE Future (Base) Kontrakte und Phelix Power DE Option (Base) Kontrakte
Published: 10/10/2018
Art. 16
Positionslimit für Phelix Power DE Future (Base) Kontrakte und Phelix Power DE Option (Base) Kontrakte
Published: 07/02/2018
Art. 16
ESMA70-155-1124
Published: 18/01/2019
Art. 16
ESMA 70-155-9767
Published: 31/07/2020
Art. 16(2)
ESMA-70-155-10052
Published: 31/07/2020
Art. 16(2)
ESMA70-155-2938
Published: 24/09/2018
Art. 16(2)
ESMA70-155-3417
Published: 18/01/2019
Art. 16(2)
ESMA70-155-6353
Published: 15/04/2019
Art. 16(2)
ESMA70-155-9765
Published: 31/07/2020
Art. 16(2)
ESMA70-155-9808
Published: 31/07/2020
Art. 16(2)
ESMA70-155-1118
Published: 18/01/2019
Art. 16(3)
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MiFID II ToolDelegated Regulation 2017/591
Article 16

Article 16 - The maturity of the commodity derivatives contracts (Article 57(3)(a) of Directive 2014/65/EU)

Article 16

The maturity of the commodity derivatives contracts

(Article 57(3)(a) of Directive 2014/65/EU)

1.   For spot month position limits, if the commodity derivative has a short maturity, competent authorities shall adjust the position limit downwards.

2.   For other months' position limits, where the commodity derivative has a large number of separate expiries, competent authorities shall adjust the position limit upwards.