Search Results for keywords:"financial terminology"

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Search Results: keywords:"financial terminology"

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  • 2025-04659 — Self-Regulatory Organizations; ICE Clear Credit LLC; Notice of Filing of Proposed Rule Change Relating to the Risk Parameter Setting and Review Policy and the Risk Management Model Description
    Type:Notice
    Citation:90 FR 13223
    Reading Time:about 19 minutes

    ICE Clear Credit LLC (ICC) proposed a rule change to improve their risk management practices. The updates, which require approval from the Securities and Exchange Commission, focus on automating daily parameter updates for credit default swap risk factors and enhancing documentation. ICC believes these changes will enhance risk management by ensuring more accurate margin calculations and improving clarity in their risk assessment methods. Public comments on the proposal are being solicited until April 10, 2025.

    Simple Explanation

    ICE Clear Credit wants to change some rules to make sure they keep track of money and risk better, like using computers to check numbers every day; they think these changes will help make their work safer and clearer for everyone.

  • 2021-02118 — Self-Regulatory Organizations; Cboe EDGA Exchange, Inc.; Notice of Filing and Immediate Effectiveness of a Proposed Rule Change To Amend the Fee Schedule
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    Type:Notice
    Citation:86 FR 7909
    Reading Time:about 20 minutes

    Cboe EDGA Exchange, Inc. filed a proposed rule change with the Securities and Exchange Commission to update its fee schedule. This change involves eliminating certain routing fee codes due to minimal use and amending an Add/Remove Volume Tier to encourage more order flow on the exchange. The goal is to create competitive pricing that attracts market participants while maintaining a fair and equitable fee structure for all members. The proposal has been made effective immediately, but may be suspended by the Commission if deemed necessary.

    Simple Explanation

    Cboe EDGA Exchange Inc. wants to change their fee rules to make them more attractive to people who use their service by getting rid of some fees that aren't used much anymore. They hope this will help bring in more business and keep things fair for everyone.