Speculation
European Union Electricity Market Glossary


 

MIFID II does not provide a definition of speculative activity.

 

MiFID II further does not distinguish between the activities of persons that are not non-financial entities that may be judged to be speculative and their activities that provide liquidity to the market for the benefit of end-users (see ESMA's Consultation Paper, MiFID II/MiFIR of 19 December 2014 (ESMA/2014/1570 p. 534).

 

 

Last Updated on Friday, 05 February 2016 13:31
 

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