Article 13 | Delegated Regulation 2022/1302

Updated 18/09/2024

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In force

Initial Legal Act

Amendments

Article 13 - Methodology for determining the baseline figure for other months’ limits

Article 13

Methodology for determining the baseline figure for other months’ limits

1. Competent authorities shall determine a baseline figure for the other months’ position limit in an agricultural commodity derivative or a critical or significant commodity derivative by calculating 25 % of the open interest in that commodity derivative.

2. That baseline shall be specified in lots.

Recitals

CHAPTER I - GENERAL PROVISIONS (Article 1-2)

CHAPTER II - METHOD FOR CALCULATING THE SIZE OF THE NET POSITION OF A PERSON (Article 3-10)

CHAPTER III - METHODOLOGY FOR COMPETENT AUTHORITIES TO CALCULATE POSITION LIMITS (Article 11-23)

SECTION 1 - Determination of baseline figures (Article 11-15)Article 11 - Methodology for determining the baseline figure for spot month limits Q&A Article 12 - Deliverable supply Article 13 - Methodology for determining the baseline figure for other months’ limits Q&A Article 14 - Open interest Article 15 - Methodology for determining the baseline figure in respect of certain commodity derivatives Q&A

SECTION 2 - Factors relevant for the calculation of position limits (Article 16-23)

ANNEX - Correlation table

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Related documents

Article 13 - Methodology for determining the baseline figure for other months’ limits

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