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In this act Article 13 of 23

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

Financial servicesLevel 2RTSMiFID IIIn forceOfficial source

13(1)

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.

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13(2)

2.That baseline shall be specified in lots.

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