Webinar: CFTC Rule Changes & Cross-Exchanges Limits
In this webinar recording our team discuss the upcoming CFTC rule changes and cross-exchange limits under the CFTC and MiFID II.
by Kallie Price Mar 4, 2021
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In this webinar recording our team discuss the upcoming CFTC rule changes and cross-exchange limits under the CFTC and MiFID II.
In accordance with Dodd-Frank, the CFTC is turning its gaze towards the OTC markets. Under the Final Rule, the CFTC sets out its intentions to impose position limits on “economically equivalent swaps”.
We explore the changes set out by the CFTC’s Final Rule on Position Limits, specifically looking at the impact on exchange-imposed Position Limits across US exchanges (e.g. CME, CBOE, CFE, CBOT, COMEX, NYBOT, NYMEX).
In part 2 of our CFTC blog series, we discuss changes made by the Final Rule to Federal position limits across spot month position limits as well as non-spot month position limits.
An overview of the CFTC’s Final Rule including updated federal position limits on 25 core referenced futures contracts as well as updates to exchange-set limits and rules on economically equivalent swaps.
With the impending implementation of MiFID II, many questions are still unanswered.
In the US, the CFTC makes provisions for the exchanges to set the specific position limits that can be accumulated by the market participant on their exchange.