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Commodity-derivative limits may be relaxed by EU securities watchdog

By Jack Schickler ( November 5, 2019, 16:09 GMT | Insight) -- EU investment banks could see a relaxation of limits on the commodity-derivative positions they can hold after the bloc’s securities-market watchdog proposed a series of changes to EU market-instrument laws. The consultation produced by ESMA today also suggested a number of changes to deal with the significant wrench from the departure of the largest European capital market — the City of London.EU investment banks could see a relaxation of limits on the commodity-derivative positions they can hold after the bloc’s securities-market watchdog proposed a series of changes to EU market-instrument laws. ...

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