ESMA_QA_1515
19/12/2016
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Subject Matter
Applicability of position limits
Are position limits applicable only at the end of each trading day or also throughout the trading day?
ESMA Answer
19-12-2016

[ESMA 70-872942901-36 Commodity derivatives Q&A, Q&A 2.1]

Position limits are applicable at all times. This is particularly relevant when a commodity derivative is traded OTC outside the normal trading hours of a trading venue.

Status: Answer Published

Additional Information

Level 1 Regulation
Markets in Financial Instruments Directive II (MiFID II) Directive 2014/65/EU- Secondary Markets
Topic
Position limits