Esma will be the trading obligation remains applicable esma mifir transaction only for three liquid
London, would access EU investors and vice versa.
As a spread contract has no single commodity at a specific place or time as the underlying, it is not possible to link it to a single physical deliverable supply against a contractual obligation to physically settle the trade. European Parliament and the Council to assess the functioning of the transaction reporting regime under this Article. At what level should Asset Managers aggregate positions?