Search Results for keywords:"market volatility"

Found 13 results

Search Results: keywords:"market volatility"

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  • 2025-03805 — Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Filing of Proposed Rule Change To Adopt a Volatility Event Charge
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    Type:Notice
    Citation:90 FR 11760
    Reading Time:about 33 minutes

    The Securities and Exchange Commission (SEC) is considering a proposed rule change by the Fixed Income Clearing Corporation (FICC) to introduce a "Volatility Event Charge." This charge is designed to help FICC manage and reduce its risk during periods of significant market upheaval, like major elections or economic announcements, that could cause large market movements. The proposed change is aimed at ensuring FICC has enough financial resources to protect against potential losses if a clearing member defaults during such volatile times. The SEC invites public comments on this proposal, which would add more stability to financial markets by proactively managing associated risks.

    Simple Explanation

    The SEC is looking at a new rule where the FICC would add a special fee to help keep things safe when the market gets really bumpy, like during big events. This way, if any of their members get into trouble, they have enough money to cover it.

  • 2021-03721 — Self-Regulatory Organizations; NYSE Chicago, Inc.; Notice of Filing of Proposed Rule Change To Establish Procedures for the Allocation of Power to Its Co-Located Users
    Type:Notice
    Citation:86 FR 11361
    Reading Time:about 31 minutes

    The Securities and Exchange Commission (SEC) published a notice regarding a proposed rule change by NYSE Chicago, Inc. The Exchange proposes new procedures for allocating power and cabinets to co-located users due to high demand, partly driven by COVID-19-related market volatility. The proposal includes detailed rules for purchasing limits and waitlists, applicable when power or cabinet availability falls below certain thresholds. The changes aim to ensure a fair distribution of resources among users while maintaining an equitable system consistent with existing procedures.

    Simple Explanation

    NYSE Chicago wants to make new rules about how they share electricity with people who rent space from them to keep their computers. Because so many people want this space, especially with all the changes happening because of the pandemic, the new rules will say who can get electricity first when there's not enough for everyone.

  • 2020-29251 — Self-Regulatory Organizations; Fixed Income Clearing Corporation; Notice of Filing and Extension of the Review Period of an Advance Notice To Modify the Calculation of the MBSD VaR Floor To Incorporate a Minimum Margin Amount
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    Type:Notice
    Citation:86 FR 584
    Reading Time:about 43 minutes

    The Securities and Exchange Commission (SEC) is reviewing a proposal by the Fixed Income Clearing Corporation (FICC) to modify the calculation of the VaR (Value at Risk) Floor for its Mortgage-Backed Securities Division. The change aims to incorporate a "Minimum Margin Amount" to better account for market volatility and ensure adequate risk management. This proposal was developed after the COVID-19 pandemic revealed that the existing calculations did not sufficiently cover risks, particularly during periods of extreme market changes, and the SEC is inviting public comments on this advance notice. The proposed enhancements are designed to limit FICC's exposure by ensuring that its systems account for recent and more volatile market conditions.

    Simple Explanation

    The grown-ups in charge of safe money systems want to change how they keep mortgage money safe, especially when things go up and down a lot, like a wild roller coaster. They're asking people what they think about this idea to make sure everyone's money stays safe and sound.

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