Template:Commodity regulation: Difference between revisions

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==={{strike|Out of...|''In''}} scope===
==={{strike|Out of...|''In''}} scope===
*[[Physically-settled]] [[commodity derivatives]] which would otherwise be out of scope, if not used “for commercial purposes” and having “the characteristics of [[derivative]] [[financial instruments]]” are ''in'' scope.
*'''[[Physically-settled]] [[commodity derivatives]]''' which (per below) would otherwise be out of scope, if not used “for commercial purposes” and having “the characteristics of [[derivative]] [[financial instruments]]” are ''in'' scope. That one had you going didn’t it!


===''Really'' out of scope===
===''Really'' out of scope===
*'''Actual [[commodities]]''', being consumable, perishable, paint ’em yellow ’n’ pass ’em off as copper, real-world things that people actually need to live, are ''out'' of scope.
*'''Actual [[commodities]]''', being consumable, perishable, paint ’em yellow ’n’ pass ’em off as copper, real-world things that people actually need to live, are ''out'' of scope.
*'''[[Physically-settled]] [[commodity derivatives]]''' are ''out'' of scope ... ''unless'' they are traded on an EU [[trading venue]], (i.e, [[OTC]] [[physically-settled]] [[commodity derivatives]]) in which case they are in scope ... unless they are “wholesale energy products traded on an OTF that must be physically settled” - which case they are ''out'' of scope.
*'''[[Physically-settled]] [[commodity derivatives]]''' are ''out'' of scope ... ''unless'' they are traded on an EU [[trading venue]], (i.e, [[OTC]] [[physically-settled]] [[commodity derivatives]]) in which case they are in scope ... unless they are “wholesale energy products traded on an OTF that must be physically settled” - which case they are ''out'' of scope.