MFID II requires Member States to ensure that an investment firm or a market operator operating a trading venue which trades commodity derivatives apply position management controls.
Investment firms or market operators operating trading venues have to inform their national competent authority (NCAs) of the details of position management controls who in turn inform ESMA, which shall publish and maintain on its website a database with summaries of the position management controls.
This information will be updated by ESMA based on further notifications by NCAs.
