25 Sep 2025
💵FICC's Intraday Mark-to-Market Charge
Self-Regulatory Organizations; Fixed Income Clearing Corporation; Order Approving Proposed Rule Change To Adopt an Intraday Mark-to-Market Charge at GSD
Summary
The SEC has approved a proposed rule change by the Fixed Income Clearing Corporation (FICC) to adopt an Intraday Mark-to-Market Charge. This change aims to manage intraday risks associated with Members' portfolios by adjusting margin calculations, thereby enhancing financial stability and risk assessment for government securities trading.
Agencies
- Securities and Exchange Commission
Business Impact
$$$ - High
The proposed rule change introduces an Intraday Mark-to-Market Charge, impacting the financial obligations of FICC Members regarding margin requirements, thereby influencing cash flow and risk management strategies for businesses engaged in government securities transactions.