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EU finalises Mifid II rulebook with derivatives caps

European Union adopts final rules to limit speculation in the commodities markets – impacting products ranging from fuel to orange juice

EU finalises Mifid II rulebook with derivatives caps
Photo: iStockPhoto

The European Union has adopted final rules to limit commodity market speculation by capping the amount of derivative contracts traders may hold on products ranging from fuel to frozen orange juice.

The announcement marks the completion of the overhaul of EU market regulation covering everything from bond pricing to payment for investment research, also known as Mifid II, which will apply to financial service firms across the bloc as of January 2018.

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