The overall open interest
Article 19
1. Where there is a large volume of overall open interest, competent authorities shall adjust the position limit downwards. 2. Where the open interest is significantly higher than the deliverable supply, competent authorities shall adjust the other months’ position limit downwards. 3. Where the open interest is significantly lower than the deliverable supply, competent authorities shall adjust the other months’ position limit upwards and, except where the baseline figure for the spot month limit is based on the open interest, shall adjust the spot month position limit downwards.