ESMA analyses preliminary effects of market correction mechanism on EU natural gas derivative market

ESMA analyses preliminary effects of market correction mechanism on EU natural gas derivative market

Metadata

Provider: 

ESMA

URL: 

https://www.esma.europa.eu/press-news/esma-news/esma-analyses-preliminary-effects-market-correction-mechanism-eu-natural-gas

Retrieved on: 

Friday, January 27, 2023

Information

Tags: 

President of the European Council, Commission, European Securities and Markets Authority, Regulation (European Union), Agency, CCP, MCM, Adoption, Agency for the Cooperation of Energy Regulators, Risk management, Council of European Energy Regulators, ACER, European Council, Time, Medical device, Audit, ESMA, EU

Summary

Key Points: 

• ESMA analyses preliminary effects of market correction mechanism on EU natural gas derivative market
  The European Securities and Markets Authority, the EU’s financial markets regulator and supervisor, has today published its preliminary data report following the introduction of the market correction mechanism (MCM) in the EU Regulation.
• The report describes the structure and main participants in the EU natural gas derivative market.
• It focuses on market indicators aimed at assessing the potential effects of the adoption of the MCM.
• Next steps
  Should stakeholders have any feedback on the preliminary data report, do not hesitate to reach out to ESMA.

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