{"release":{"id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","published":"2026-11-01T16:41:30Z","pinned":false},"limits":{"coverage":{"history":"full","held_since":"2026-02-08","gaps":[],"covered":["2022/1302 — RTS — Application of position limits to commodity derivatives [in force] L2"],"not_covered":["national guidance","court decisions"]},"freshness":{"release_id":"a4f2a0495fe55b47323883f82977a9b34ab66171ec9623e39925d3a7045b6c81","release_published":"2026-11-01T16:41:30Z","checked_at":"2026-10-26","checked_against":"EUR-Lex"},"truncation":null,"failures":[],"incomplete":[]},"page":{"path":"/mifid-ii/level-2/rts/2022-1302-commission-delegated-regulation-eu-2022-1302-of-20-april/articles/19","url":"https://www.headlesslaw.com/mifid-ii/level-2/rts/2022-1302-commission-delegated-regulation-eu-2022-1302-of-20-april/articles/19","title":"Article 19 — The overall open 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2026","check":{"against":"EUR-Lex","on":"2026-10-26"},"check_result":"matched","official_url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02022R1302-20260208","valid_from":"2022-08-15","valid_until":null,"content_id":"2fa12a8f0d979b39","versions":["2022-08-15"],"version_url":"https://www.headlesslaw.com/mifid-ii/level-2/rts/2022-1302-commission-delegated-regulation-eu-2022-1302-of-20-april/articles/19/versions/2026-02-08","revision_url":"https://www.headlesslaw.com/mifid-ii/level-2/rts/2022-1302-commission-delegated-regulation-eu-2022-1302-of-20-april/articles/19/versions/2026-02-08/rev/2fa12a8f0d979b39","versions_url":"https://www.headlesslaw.com/mifid-ii/level-2/rts/2022-1302-commission-delegated-regulation-eu-2022-1302-of-20-april/articles/19/versions","relations_url":"https://www.headlesslaw.com/mifid-ii/level-2/rts/2022-1302-commission-delegated-regulation-eu-2022-1302-of-20-april/articles/19/relations","act_url":"https://www.headlesslaw.com/mifid-ii/level-2/rts/2022-1302-commission-delegated-regulation-eu-2022-1302-of-20-april#art-19","source_line":"Commission Delegated Regulation (EU) 2022/1302 · binding · OJ L 197, 26.7.2022 · dated 20 Apr 2022 [in force]","attribution":{"prepared_by":"European Commission","published_by":"Publications Office of the EU","published_in":"Official Journal of the European Union","document_type":"delegated_regulation","legal_nature":"binding_adopted","addressees":"not stated in the document","dates":{"document_date":"2022-04-20","entry_into_force":"2022-08-15","locators":{"document_date":"CELLAR 32022R1302 work_date_document","entry_into_force":"CELLAR 32022R1302 resource_legal_date_entry-into-force (earliest)"}},"adoption":null},"context":{"act":{"work_id":"spaces/mifid-ii/level-2/rts/2022-1302-commission-delegated-regulation-eu-2022-1302-of-20-april","path":"/mifid-ii/level-2/rts/2022-1302-commission-delegated-regulation-eu-2022-1302-of-20-april","name":"Commission Delegated Regulation (EU) 2022/1302","number":"2022/1302","celex":"32022R1302","title_official":"COMMISSION DELEGATED REGULATION (EU) 2022/1302 of 20 April 2022 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 and procedures for applying for exemption from position limits (Text with EEA relevance)","document_date":"2022-04-20"},"position":{"kind":"article","key":"19","index":19,"articles":23,"annexes":1},"prev":{"path":"/mifid-ii/level-2/rts/2022-1302-commission-delegated-regulation-eu-2022-1302-of-20-april/articles/18","key":"18","title":"Article 18 — Deliverable supply in the underlying commodity"},"next":{"path":"/mifid-ii/level-2/rts/2022-1302-commission-delegated-regulation-eu-2022-1302-of-20-april/articles/20","key":"20","title":"Article 20 — The number of market participants"},"act_anchor":"#art-19"}},"provenance":{"official_url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:02022R1302-20260208","check":{"result":"matched","checked_at":"2026-10-26","against":"EUR-Lex"},"repo_path":"spaces/mifid-ii/level-2/rts/2022-1302-commission-delegated-regulation-eu-2022-1302-of-20-april.md","unit_text_sha256":"31f25670ea608226ed442187f0fa1572b3c078373b6b55a17919dace0fa9aadc","note":"the unit is a byte-exact part of the act page, whose check record covers it"},"unit":{"locator":"spaces/mifid-ii/level-2/rts/2022-1302-commission-delegated-regulation-eu-2022-1302-of-20-april/art-19","kind":"article","key":"19","heading":"Article 19 — The overall open interest","text":"## <a id=\"art-19\"></a>Article 19 — The overall open interest\n\n1. <a id=\"art-19-p-1\"></a>Where there is a large volume of overall open interest, competent authorities shall adjust the position limit downwards.\n1. <a id=\"art-19-p-2\"></a>Where the open interest is significantly higher than the deliverable supply, competent authorities shall adjust the other months’ position limit downwards.\n1. <a id=\"art-19-p-3\"></a>Where the open interest is significantly lower than the deliverable supply, competent authorities shall adjust the other months’ position limit upwards and, except where the baseline figure for the spot month limit is based on the open interest, shall adjust the spot month position limit downwards.\n\n","marks":[],"text_hash":"31f25670ea608226ed442187f0fa1572b3c078373b6b55a17919dace0fa9aadc","revision":1}}