Search Results for keywords:"intraday trading risks"

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Search Results: keywords:"intraday trading risks"

2025-02432 — Self-Regulatory Organizations; Options Clearing Corporation; Notice of Designation of Longer Period for Commission Action on Proceedings To Determine Whether To Approve or Disapprove a Proposed Rule Change, as Modified by Partial Amendment No. 1 and Amendments Nos. 2 and 3, by The Options Clearing Corporation To Establish a Margin Add-On Charge That Would Be Applied to All Clearing Member Accounts To Help Mitigate the Risks Arising From Intraday and Overnight Trading Activity
February 11, 2025
Type:Notice
Citation:90 FR 9352
Reading Time:about 4 minutes
The Options Clearing Corporation (OCC) proposed a rule to add a margin charge to all clearing member accounts to manage risks from short-dated trading activities. This proposal was initially submitted in July 2024 and has undergone multiple amendments to address concerns and include required information. The Securities and Exchange Commission (SEC) is taking extra time to review the proposal, extending its decision deadline to April 9, 2025, to ensure that all issues are carefully considered.
Simple Explanation
The Options Clearing Corporation wants to add an extra charge to manage the risks of rapid trades, and the Securities and Exchange Commission is taking more time until April 2025 to think carefully about whether this is a good idea.

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