Skip to the text
In this act Article 12 of 22
No longer in force since 15 August 2022Below: the last text in force, valid until 15 August 2022. It is not current law.

Article 12 — Open interest (Article 57(3) of Directive 2014/65/EU)

Financial servicesLevel 2RTSMiFID IINo longer in forceOfficial source

Competent authorities shall calculate the open interest in a commodity derivative by aggregating the number of lots of that commodity derivative that are outstanding on trading venues at a point in time.