Schedule 3, paragraph 7BA(1)

An exchange operating a trading venue which trades commodity derivatives must apply position management controls on that venue, which must at least enable the exchange to— monitor the open interest positions of persons; access information, including all relevant documentation, from persons about— the size and purpose of a position or exposure entered into; any beneficial or underlying owners; any concert arrangements; and any related assets or liabilities in the underlying market; require a person to terminate or reduce a position on a temporary or permanent basis as the specific case may require and to unilaterally take appropriate action to ensure the termination or reduction if the person does not comply; and where appropriate, require a person to provide liquidity back into the market at an agreed price and volume on a temporary basis with the express intent of mitigating the effects of a large or dominant position.

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Source: legislation.gov.uk · retrieved 2026-09-04