09 November 2017, London — Less than two months before strict European Union rules on derivatives come into force, most large oil traders have persuaded regulators to exempt them for now from limits on the positions they can hold, arguing they are not speculators. The EU’s revamped Markets in Financial Instruments Directive (MIFID), known as …
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Large oil traders escape EU’s MIFID II trading rules, for now
![Large oil traders escape EU’s MIFID II trading rules, for now]()
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