CICI
Commodity Instrument Classification Institution
A classification system for commodity derivatives and related financial instruments.
CICI provides standardized classification for commodity-based financial instruments, including derivatives, structured products, and exchange-traded products linked to commodities. The system helps market participants, regulators, and data providers categorize and analyze commodity markets more effectively. CICI classifications support regulatory reporting requirements under various regimes including EMIR and MiFID II, where detailed instrument classification is mandatory. The system covers agricultural products, energy commodities, metals, and other raw materials across different contract types and maturities. This classification standardization improves market transparency and facilitates better risk management and regulatory oversight of commodity markets.
Example
Agricultural commodities: Wheat futures, Corn options, Soybean swaps