# Commission Delegated Regulation (EU) No 876/2013 of 28 May 2013 supplementing Regulation (EU) No 648/2012 of the European Parliament and of the Council with regard to regulatory technical standards on colleges for central counterparties (Text with EEA relevance), Article 1: Determination of most relevant currencies

Extent: E+W+S+N.I.

1. The most relevant Union currencies shall be identified on the basis of the relative share of each currency in the CCP’s average end-of-day open positions across all financial instruments cleared by the CCP, calculated over a period of one year.
2. The most relevant Union currencies shall be the three currencies with the highest relative share calculated in accordance with paragraph 1, provided that each individual share exceeds 10 %.
3. The calculation of the relative share of the currencies shall be calculated on an annual basis.

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Source: https://www.legislation.gov.uk/eur/2013/876/article/1 (the official version)
Page: https://openlegislation.uk/eu-regulation-2013-876/article-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.