eligible commercial entity
- An approved entity that can handle a contract's underlying commodity, faces commodity-related risks, or provides services such as risk management, hedging, or market-making for commodity trading entities
- The oil company qualifies as an eligible commercial entity because it has the capacity to handle oil as a traded commodity.
- As an eligible commercial entity, the firm offers market-making services to businesses trading in agricultural commodities.
- Considering its expertise in risk management for metal trades, the organization is recognized as an eligible commercial entity.