In response to a public consultation from ESMA, EEX Group has shared its views on the MiFID II position limits regime. EEX Group particularly welcomes the proposals to address the unintended, negative impact on new, illiquid and less liquid contracts, which has proven to be the most substantial effect of the current regime. Limiting the scope of application of the position limits regime to “critical” contracts will address partly or entirely almost all of the issues that are brought forward in the consultation paper.