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EU MiFID II/MiFIR commodity and emission allowance derivatives position reporting: trading venue weekly public reports, daily breakdowns and EEOTC obligations, with 2024 MiFID II Review updates

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Practice notes
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Position reporting requirements under MiFID II

The recast Markets in Financial Instruments Directive 2014/65/EU (MiFID II) and the Markets in Financial Instruments Regulation (EU) 600/2014 (MiFIR) replaced and repealed the Markets in Financial Instruments Directive 2004/39/EC (MiFID). They introduced a position limits and position reporting framework for commodity derivatives intended to deter market abuse and to foster orderly pricing and settlement by enhancing transparency and regulatory oversight. The regime has applied since 3 January 2018.

This Practice Note explains the position reporting obligations under MiFID II, applicable to the following, and highlights updates made by Directive (EU) 2024/790 (the MiFID II Review):

  • Trading venues;
  • Investment firms dealing in commodity derivatives, emission allowances, or emission allowance derivatives; and
  • Members of trading venues.

The MiFID II Review, alongside Regulation (EU) 2024/791 amending Regulation (EU) 600/2014 (the MiFIR Review), was published in the Official Journal of the EU on 8 March 2024. Member States are required to transpose the provisions of the MiFID II Review into national law by 29 September 2025. For information on position limits, including the amendments introduced by Directive (EU) 2021/338, see Practice Note: EU MiFID II—commodity derivatives—position limits...

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Web page updated on 21/05/2026

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