CSD-B.2.23 [Version up to 30 June 2016]
"Position" in relation to a futures contract, means a futures contract which is outstanding and which has not been liquidated:
(a) By an off-setting transaction;
(b) By delivery of the commodity underlying the futures contract;
(c) Through settlement of the futures contract in accordance with the business rules or practices of a futures market, as the case may be; or
(d) By substituting the futures contract for a cash commodity.