Which of the following is NOT included in the definition of insider dealing under the Criminal Justice Act 1993?

• A. Commodities and derivatives of commodities
• B. Shares
• C. Bonds
• D. Futures

Answer: (A)

Insider dealing under the Criminal Justice Act 1993 focuses on dealing in securities when you possess price‑sensitive information. Securities are things like shares and bonds, and related financial instruments on securities markets. Commodities and their derivatives aren’t the type of instrument covered by this offence, so they fall outside its scope. That’s why commodities and derivatives of commodities are the item that isn’t included. Shares and bonds are classic securities and are within the scope, and futures are treated as a market instrument related to securities, so they’re included.