Skip to Primary Navigation

Preparing for the UK’s new commodity derivatives regime

Traders, brokers and clerks shout and gesture during trading at the London Metal Exchange (LME).
London Metal Exchange trading floor. Photo: Leon Neal/Getty Images

Next steps for firms, including preparing to take advantage of the new exemptions and submitting required applications to relevant trading venues.

On February 5, 2025, the UK FCA published a Policy Statement (PS25/1) setting out new rules for trading commodity derivatives, affecting all UK market participants, regardless of their location. The FCA first consulted on the proposals in December 2023 (CP23/27), following commitments made by the UK Government to reform the regime

The

Get full access, free for a month

Start your 28-day free trial to continue reading and access
all content on GRIP – no payment details required.

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience