ESMA finds that MCM had no measurable impact on financial markets under current market conditions

ESMA Guidelines and Recommendations
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Date: 24 March 2023
On 1 March 2023, the European Securities and Markets Authority (ESMA) published its Effects Assessment of the introduction of the market correction mechanism (MCM) on gas derivative markets. The results confirm the findings of the preliminary data report that, to date, no measurable impact of the MCM can be identified.
More Information Link: https://www.esma.europa.eu/press-news/esma-news/esma-finds-mcm-had-no-measurable-impact-financial-markets-under-current-market