EU lawmakers agree deal on commodity trading

euobserver

when outside Euroland players are still influent on our common currency... The UK, which has the EU's largest financial services sector, led opposition to limits on commodity speculation...



EU lawmakers reached a breakthrough on new rules to crack down on commodity speculation on Tuesday night (14 January) in Strasbourg. Under the so-called Market in Financial Instruments directive (MiFiD) that will regulate financial markets across the bloc, taking financial positions in commodity derivatives will be limited, in a bid to prevent market distortions and abuse.

http://euobserver.com/economic/122723


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