Search Results for keywords:"market competitiveness"

Found 2 results
Skip to main content

Search Results: keywords:"market competitiveness"

  • Type:Notice
    Citation:90 FR 12377
    Reading Time:about 26 minutes

    NYSE Arca has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to amend Rule 5.3-O. This amendment aims to permit the listing and trading of options on Commodity-Based Trust Shares. These shares represent interests in trusts that hold specified commodities. The change is expected to enhance market competitiveness by allowing options on these Commodity-Based Trust Shares to be listed and traded more efficiently, without needing separate approvals from the SEC, thereby benefiting investors with quicker and transparent access to these investment options.

    Simple Explanation

    NYSE Arca wants to change a rule so that people can trade options, which are a kind of financial bet, on special stocks that represent piles of things like gold or oil. This change will make it easier and faster for people to use these options because they won't need extra permission each time they want to trade them.

  • Type:Rule
    Citation:86 FR 229
    Reading Time:about 2 hours

    The Commodity Futures Trading Commission (CFTC) has finalized amendments to its rules about margin requirements for certain swaps. These changes update how entities determine if they fall under the requirement to exchange initial margin for swaps that aren't centrally cleared. The amendments align the CFTC rules with international standards set by the Basel Committee on Banking Supervision and the International Organization of Securities Commissions. In addition, it allows certain swap dealers to use a risk-based model from other registered swap dealers to calculate necessary initial margins, making compliance more practical and internationally consistent.

    Simple Explanation

    The Commodity Futures Trading Commission (CFTC) is making changes to the rules about how much money swap dealers need to keep aside when they make certain types of trades. These changes help make the rules more similar to those in other countries, making it easier and fairer for everyone.