+Article 280e 5.

Article 280e 5.

Institutions shall calculate the add-on for the commodity reference type k as follows:

image

where:

image

=

the add-on for the commodity reference type k;

▼C7

image

=

the supervisory factor applicable to the commodity reference type k;

where the commodity reference type k corresponds to transactions allocated to the hedging set referred to in point (e) of Article 277a(1), excluding transactions concerning electricity,image; for transactions concerning electricity,image; and

▼M8

image

=

the effective notional amount of the commodity reference type k calculated as follows:

image

where:

l

=

the index that denotes the risk position.

1. Overview

,

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards