Category Archives: MiFID

Commodities Now: Washington – We Have a Problem

Posted on December 31, 2012 by Cadwalader

June 2012 offered the first serious insight into how international regulators intended to apply their new derivatives regulatory regimes to cross-border issues. On 29th June 2012, the Commodity Futures Trading Commission (CFTC) published its proposed guidance on the extraterritorial application … Continue reading →

Posted in Articles, CFTC, Commodity Trading, Dodd-Frank, EMIR, MiFID, MiFIR, Oil & Gas, Power, Regulation

MiFID and MiFIR on Algorithmic Trading – and – Provision of Services AND Establishment of Branches by Third Country Firms

Posted on October 31, 2011 by Cadwalader

By Doron Ezickson, Nick Shiren, Alix Prentice, Adam Topping, and Ramona Simms This is the sixth in our series of briefings on MiFID and MiFIR. Below, we describe new obligations set out in MiFID that apply to investment firms engaging … Continue reading →

Posted in Commodity Trading, MiFID, MiFIR, Regulation

MiFID and MiFIR on Supervision of Products – and – Circuit Breakers

Posted on October 28, 2011 by Cadwalader

By Doron Ezickson, Nick Shiren, Alix Prentice, Adam Topping, and Ramona Simms This is the fifth in our series of briefings on MiFID and MiFIR. Further, we describe new powers of product intervention granted to ESMA and local regulators under … Continue reading →

Posted in Commodity Trading, MiFID, MiFIR, Regulation

MiFID on Client Categorisation and Transactions with ‘Eligible Counterparties’ – and – Organised Trading Facilities

Posted on October 27, 2011 by Cadwalader

By Doron Ezickson, Nick Shiren, Alix Prentice, Adam Topping, and Ramona Simms This is the fourth in our series of briefings on MiFID and MiFIR. In this alert, we describe the proposed changes to the current client classification regime, and … Continue reading →

Posted in Commodity Trading, MiFID, MiFIR, Regulation, Uncategorized

MiFIR on Pre and Post-Trading Transparency for Equities, Equity-Like Instruments, Structured Products, Bonds, Emission Allowances and Derivatives

Posted on October 26, 2011 by Cadwalader

By Doron Ezickson, Nick Shiren, Alix Prentice, Adam Topping, and Ramona Simms This is the third in our series of briefings on MiFID and MiFIR. Further, we describe new obligations set out in MiFIR to make certain pre and post-trade … Continue reading →

Posted in Commodity Trading, Emissions, MiFID, MiFIR, Regulation

MiFID and MiFIR on the Obligation to Trade Derivatives on Regulated Markets and Revisions to the Best Execution

Posted on October 25, 2011 by Cadwalader

By Doron Ezickson, Nick Shiren, Alix Prentice, Adam Topping, and Ramona Simms This is the second in our series of briefings on MiFID and MiFIR. Further, we describe new obligations to trade certain derivatives on regulated markets, MTFs or OTFs … Continue reading →

Posted in Commodity Trading, MiFID, MiFIR, Regulation

MiFID AND MiFIR on Position Limits and Position Reporting for Commodities Derivatives and Emissions Trading

Posted on October 24, 2011 by Cadwalader

By Doron Ezickson, Nick Shiren, Alix Prentice, Adam Topping, and Ramona Simms This is the first in a series of short briefings on radical changes proposed for the regulation and conduct of investment business set out in the European Commission’s … Continue reading →

Posted in Commodity Trading, Emissions, MiFID, MiFIR, Regulation

The MiFID Review and What it Means For Commodities

Posted on April 12, 2011 by Cadwalader

The European Commission’s December 2010 consultation paper on wholesale revisions to MiFID has focused on commodities derivatives as an area for regulatory intervention and oversite. The proposals, outlined below, are likely to lead to significant infrastructure  changes for firms that … Continue reading →

Posted in MiFID, Regulation