entering into arrangements in order to distort costs associated with a commodity contract, such as insurance or freight, with the effect of fixing the settlement price of a financial instrument or a related spot commodity contract at an abnormal or artificial price
Effective implementation of surveillance alerts for distorting costs of commodity contracts requires capturing the following trade data:
trade data
communications data
Surveillance alerts should consider activities outside trading related to markets in freights, insurance, storage and handling of commodities. Effective detection of price distortions may require communications surveillance.
Entering into arrangements in order to distort costs associated with a commodity contract, such as insurance or freight, with the effect of fixing the settlement price of a financial instrument or a related spot commodity contract at an abnormal or artificial price.
COMMISSION DELEGATED REGULATION (EU) 2016/522, Annex II, Section I, 7 (f)