Will MiFID II hurt industrial players in Europe?
Much of the criticism of Europe’s regulation of trading has focused on its potential impact on large companies with substantial physical and derivatives market exposures. There has been much less focus on the potential fallout from the new regulations on industrial players for whom energy trading is...
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| Format: | Journal article |
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Oxford Institute for Energy Studies
2015
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| Summary: | Much of the criticism of Europe’s regulation of trading has focused on its potential impact on large companies with substantial physical and derivatives market exposures. There has been much less focus on the potential fallout from the new regulations on industrial players for whom energy trading is a sideshow. But stakeholders in the European power and gas industry have highlighted the risk that the EU’s revised Markets in Financial Instruments Directive (MiFID II) could seriously damage industrial players and consequently hurt liquidity in European power and gas markets. |
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