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  1. Commission Delegated Regulation (EU) 2017/591 of 1 December 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards for the application of position limits to commodity derivatives (Text with EEA relevance) (RTS 21)
  2. Chapter III Methodology for competent authorities to calculate position limits (arts. 9-22)
  3. Section 1 Determination of baseline figures (arts. 9-13)
  4. Article 11 Methodology for determining the baseline figure for other months' limits (Article 57(4) of Directive 2014/65/EU)
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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Version date: 15 August 2022 - onwards
  Version 4 of 4    

Article 11 Methodology for determining the baseline figure for other months' limits (Article 57(4) of Directive 2014/65/EU)

Revoked from 15 August 2022

1. Competent authorities shall determine a baseline figure for the other months' position limit in a commodity derivative by calculating 25 % of the open interest in that commodity derivative.

2. The baseline figure shall be specified in lots which shall be the unit of trading used by the trading venue on which the commodity derivative trades representing a standardised quantity of the underlying commodity.

Comparing proposed amendment...
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