Updated 18/09/2024
No longer in force since 14/08/2022

Initial Legal Act
Amendments
Positionslimit für GPL natural gas Future Kontrakte
Published: 27/12/2019
Art. 18
Positionslimits für NCG natural gas Future Kontrakte
Published: 14/07/2021
Art. 18
Positionslimits für PSV natural gas Future Kontrakte
Published: 27/12/2019
Art. 18
Positionslimit für French Power Future (Peak) Kontrakte
Published: 03/01/2018
Art. 18
Positionslimits für Italian Power Future (Peak) Kontrakte
Published: 19/07/2018
Art. 18
Positionslimit für CEGH VTP natural gas Future Kontrakte
Published: 27/12/2019
Art. 18
Positionslimit für Phelix Power DE Future (Peak) Kontrakte
Published: 07/02/2018
Art. 18
Positionslimits für Phelix Power DE Future (Peak) Kontrakte
Published: 10/10/2018
Art. 18
Positionslimit für PXE Czech Power Future (Base) Kontrakte
Published: 15/04/2021
Art. 18
Positionslimit für Phelix Power Future DE/AT (Peak) Kontrakte
Published: 03/01/2018
Art. 18
Positionslimits für TTF natural gas Future und TTF natural gas Option Kontrakte
Published: 14/07/2021
Art. 18
Positionslimits für Panamax-TC-Freight Future und Panamax-TC-Freight Option Kontrakte
Published: 19/07/2018
Art. 18
Positionslimit für Italian Power Future (Base) Kontrakte und Option (Base) Kontrakte
Published: 03/01/2018
Art. 18
Positionslimit für French Power Future (Base) und French Power Option (Base) Kontrakte
Published: 03/01/2018
Art. 18
Positionslimit für Capesize-C7-Freight Future and Capesize-C7-Freight Option Kontrakte
Published: 11/12/2019
Art. 18
Positionslimit für Panamax-TC4-Freight Future und Panamax-TC4-Freight Option Kontrakte
Published: 11/12/2019
Art. 18
Positionslimit für Capesize-TC5-Freight Future and Capesize-TC5-Freight Option Kontrakte
Published: 11/12/2019
Art. 18
Positionslimit für Supramax-TC10-Freight Future und Supramax-TC10-Freight Option Kontrakte
Published: 11/12/2019
Art. 18
Positionslimit für Phelix Power DE Future (Base) und Phelix Power DE Option (Base) Kontrakte
Updated: 26/01/2021
Published: 22/12/2020
Art. 18
Positionslimit für Phelix Power Future DE/AT (Base) Kontrakte und Option DE/AT (Base) Kontrakte
Published: 03/01/2018
Art. 18
Positionslimits für French Power Future (Base) Kontrakte und French Power Option (Base) Kontrakte
Published: 15/04/2021
Art. 18
Positionslimit für Italian Power Future (Base) Kontrakte und Italian Power Option (Base) Kontrakte
Published: 15/04/2021
Art. 18
Positionslimit für Phelix Power DE/AT Future (Base) und Phelix Power DE/AT Option (Base) Kontrakte
Published: 22/12/2020
Art. 18
Positionslimit für Spanish Power Future (Base) Kontrakte und Spanish Power Option (Base) Kontrakte
Published: 03/01/2018
Art. 18
Positionslimit für Spanish Power Future (Base) Kontrakte und Spanish Power Option (Base) Kontrakte
Published: 15/04/2021
Art. 18
Positionslimit für Phelix Power DE Future (Base) Kontrakte und Phelix Power DE Option (Base) Kontrakte
Published: 10/10/2018
Art. 18
Positionslimit für Phelix Power DE Future (Base) Kontrakte und Phelix Power DE Option (Base) Kontrakte
Published: 07/02/2018
Art. 18
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Article 18 - The overall open interest (Article 57(3)(c) of Directive 2014/65/EU)

Article 18

The overall open interest

(Article 57(3)(c) of Directive 2014/65/EU)

1.   Where there is a large volume of overall open interest, competent authorities shall adjust the position limit downwards.

2.   Where the open interest is significantly higher than the deliverable supply, competent authorities shall adjust the position limit downwards.

3.   Where the open interest is significantly lower than the deliverable supply, competent authorities shall adjust the position limit upwards.