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🔗 Back to Summary. 🇫🇷 French Version: 2022R1302_FR.18. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 17 – New and less liquid agricultural commodity derivatives ⬅️ | ➡️ Article 19 – The overall open interest
Article 18 - Deliverable supply in the underlying commodity
Where the deliverable supply in the underlying commodity can be restricted or controlled or if the level of deliverable supply is low relative to the amount required for orderly settlement, competent authorities shall adjust the spot month position limit downwards. Competent authorities shall assess the extent to which that deliverable supply is used also as the deliverable supply for other commodity derivatives.