Dealing on own account: Difference between revisions

Dealing on own account (view source)

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 *(A) '''Commodity derivatives''' (noting that physical commodities are not in scope for MiFID at all);
-*(B) '''Emissions allowance ''contracts''''' — and one might pause to wonder whether an emissions allowance itself is, properly called, a “contract”; it is rather a creature of a European regulatory regime (unlike, say, private financial instruments such as bonds and equities, which fundamentally ''are'' contracts; and commodities, which fundamentally are not creatures of the law at all);
+*(B) '''Emissions allowance ''contracts''''' — and one might pause to wonder whether an emissions allowance itself is, properly called, a “contract”; it is rather a creature of a European regulatory regime (unlike, say, private financial instruments such as bonds and equities, which fundamentally ''are'' contracts; and commodities, which fundamentally are not creatures of the law at all); '''[[or]]'''
 *(C) '''Emission allowance ''derivatives'''''.