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In this act Article 5 of 6
Text as of 26 Oct 2026 · Commission Delegated Regulation (EU) 2017/2194, OJ L 312, 28.11.2017 · Same wording as today’s text.Today’s text

Article 5 — Asset-class specific criteria for package orders consisting exclusively of commodity derivatives

Financial servicesLevel 2Delegated RegulationMiFIRIn forceOfficial source

The asset-class specific criteria referred to in Article 1(b)(iv) for package orders consisting exclusively of commodity derivative as referred to in Section 7 of Annex III to Delegated Regulation (EU) 2017/583 shall be the following:
(a) the package order has no more than two components; (b) all components of the package order are commodity derivative futures as referred to in Section 7 of Annex III to Delegated Regulation (EU) 2017/583; (c) all components of the package order have the same underlying commodity defined at the most granular level as specified in Table 2 of the Annex to Commission Delegated Regulation (EU) 2017/585; (d) all components of the package order are denominated in the same notional currency of either EUR, USD or GBP; (e) the package order replaces a position in a contract that is nearest to expiry with a position in a contract expiring at the next maturity date.