Search Results for keywords:"risk-based margin system"

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Search Results: keywords:"risk-based margin system"

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  • 2021-02859 — Self-Regulatory Organizations; The Options Clearing Corporation; Order Approving Proposed Rule Change to Concerning the Options Clearing Corporation's System for Theoretical Analysis and Numerical Simulation (“STANS”) Methodology Documentation
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    Type:Notice
    Citation:86 FR 9410
    Reading Time:about 17 minutes

    The Options Clearing Corporation (OCC) submitted a rule change to the Securities and Exchange Commission (SEC) to update its documentation on how it calculates margin requirements for its members. This new document, called the STANS Methodology Description, aims to improve transparency about OCC's risk-based margin system by replacing a previous document while excluding certain outdated or redundant details. The SEC approved the proposal, believing it aligns with existing laws and regulations, and helps OCC manage risk in the event that a member defaults, thereby protecting the funds and securities in its care.

    Simple Explanation

    The Occasions Clearing Corporation wants to better explain how they make sure everything's fair and safe when people trade options, by updating an old document; the grown-ups in charge said that sounds like a good idea.

  • 2025-06417 — Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of Filing of Proposed Rule Change Relating to ICC's Treasury Operations Policies & Procedures
    Type:Notice
    Citation:90 FR 16015
    Reading Time:about 14 minutes

    ICE Clear Credit LLC (ICC) has filed a proposed rule change with the Securities and Exchange Commission (SEC) to update its Treasury Operations Policies and Procedures. The main purpose is to formally document their intraday margin call procedures, which are important for managing cash and collateral to ensure financial stability in volatile market conditions. These changes aim to enhance transparency without altering current practices, aligning with SEC regulations that require a risk-based margin system. The SEC is seeking public comments on this proposal.

    Simple Explanation

    ICE Clear Credit wants to update its rules about how it handles money and deals with sudden changes in the market to make sure everything is fair and stable. The changes are mostly about writing down what they already do, so everyone knows the rules, and the SEC wants to hear what people think about it.