{
  "url": "https://openlegislation.uk/eu-regulation-2017-2194/article-5",
  "json_url": "https://openlegislation.uk/eu-regulation-2017-2194/article-5.json",
  "legislation": "eur/2017/2194",
  "legislation_title": "Commission Delegated Regulation (EU) 2017/2194 of 14 August 2017 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council on markets in financial instruments with regard to package orders (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2017-2194",
  "path": "article/5",
  "kind": "article",
  "number": "5",
  "heading": "Asset-class specific criteria for package orders consisting exclusively of commodity derivatives",
  "text": "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:\n(a) the package order has no more than two components;\n(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;\n(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;\n(d) all components of the package order are denominated in the same notional currency of either EUR, USD or GBP;\n(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.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Commission Delegated Regulation (EU) 2017/585 of 14 July 2016 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the data standards and formats for financial instrument reference data and technical measures in relation to arrangements to be made by the European Securities and Markets Authority and competent authorities (OJ L 87, 31.3.2017, p. 368)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2017/2194/article/5",
    "retrieved_at": "2026-11-01T14:44:25.329259+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}