spot commodity contract
as defined in Regulation (EU) No 596/2014 of the European Parliament and of the Council of…, Article 3(1), point (15) (Definitions)
(15)
‘spot commodity contract’ means a contract for the supply of a commodity traded on a spot market which is promptly delivered when the transaction is settled, and a contract for the supply of a commodity that is not a financial instrument, including a physically settled forward contract;