📈OCC Rule Change Proposal for Options Clearing Agreement Approved
The proposed rule change involves the adoption of a new Participant Exchange Agreement by the Options Clearing Corporation (OCC), replacing the outdated version. This update aims to align the terms with current regulations and practices while addressing financial risks and enhancing operational efficiency between the OCC and national securities exchanges.
Learn More📈Margin Add-On Charge Proposed by Options Clearing Corporation
The Securities and Exchange Commission issued a notice regarding a proposed rule change by the Options Clearing Corporation to establish a margin add-on charge. This measure aims to mitigate risks associated with intraday and overnight trading, particularly focusing on the trading of short-dated options. The proposal includes various amendments addressing industry feedback and regulatory standards.
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