ESMA clarifies MiFID II position limits

The European Securities and Markets Authority (ESMA) on Wednesday clarified that position limits under MiFID II will not apply to commodity derivatives traded on third-country trading venues, should certain criteria be met.

  • By Costas Mourselas
  • 31 May 2017

The pan-European regulator insisted that the ruling would only definitely apply to third-country trading venues with “features similar to the features common to all EU trading venues.”

These criteria include operating a multilateral system and being subject to “authorisation in accordance with the legal and supervisory framework of ...

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All International Bonds

Rank Lead Manager Amount $m No of issues Share %
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1 Citi 280,892.95 1037 8.97%
2 JPMorgan 256,461.06 1168 8.19%
3 Bank of America Merrill Lynch 250,468.43 865 8.00%
4 Goldman Sachs 192,174.73 616 6.14%
5 Barclays 184,453.95 705 5.89%

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1 HSBC 28,971.26 117 7.01%
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5 Credit Agricole CIB 19,966.59 113 4.83%

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1 JPMorgan 13,671.74 61 7.87%
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4 UBS 11,800.30 47 6.80%
5 Goldman Sachs 11,111.93 58 6.40%