2022-07-26
Added · Updated
Trading venues must establish arrangements for the ongoing monitoring of positions held by end position holders and parent undertakings in commodity derivatives. They are required to set accountability levels for the spot month and other months, triggering requests for additional information regarding the nature and purpose of positions when these levels are exceeded. Trading venues must annually evaluate the adequacy of these levels, communicate their setting methodology to competent authorities, and report instances of exceedances and subsequent actions.