18 Jun 2025
📈NYSE Arca Proposes New Gross Risk Credit Limits for Firms
Self-Regulatory Organizations; NYSE Arca, Inc.; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend Rule 6.40P-O
Summary
The NYSE Arca has filed a notice regarding proposed amendments to Rule 6.40P-O, introducing optional "Gross Risk Credit Limits" as pre-trade risk controls for Entering Firms. This change aims to enhance risk management and compliance measures, catering to market participants’ requests and aligning with existing risk frameworks at other exchanges.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule changes by NYSE Arca to incorporate "Gross Risk Credit Limits" impact compliance for Entering Firms, enhancing risk management capabilities in trading practices. This regulatory update highlights new pre-trade risk controls that businesses must consider for operational compliance and risk exposure management.