22 Jan 2025
📈SEC Notice on Options Clearing Corporation's New Margin Add-On Charge
Self-Regulatory Organizations; The Options Clearing Corporation; Notice of Filing of Amendment No. 3 to Proposed Rule Change by The Options Clearing Corporation To Establish a Margin Add-On Charge That Would Be Applied to All Clearing Member Accounts To Help Mitigate the Risks Arising From Intraday and Overnight Trading Activity
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change introduces a margin add-on charge to mitigate intraday and overnight trading risks. This directly affects Clearing Members' financial obligations and their risk management practices. The need for compliance with these new requirements can impact operational costs and capital management strategies.