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electricity derivative

as defined in Directive 2009/72/EC of the European Parliament and of the Council of 13 July…, Article 2, point (33) (Definitions)

a financial instrument specified in points 5, 6 or 7 of Section C of Annex I to Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments, where that instrument relates to electricity;

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