Search Results for keywords:"market conditions"

The Board of Governors of the Federal Reserve System is inviting comments on a proposal to renew the Senior Credit Officer Opinion Survey on Dealer Financing Terms (FR 2034) for three more years without any changes. This survey gathers information from senior credit officers at financial institutions about credit terms, credit availability, and market conditions, and is conducted quarterly. People can submit their comments by March 14, 2025, through the Federal Reserve's website, mail, or email. The Board aims to consider public input to potentially adjust the proposal.

The Securities and Exchange Commission has approved a proposed rule change from the Options Clearing Corporation (OCC) to enhance its stress testing scenarios. The OCC aims to elevate four existing Informational Scenarios to Sufficiency Scenarios, which will more rigorously test whether it has enough financial resources to cover potential losses during extreme market conditions. This change comes in response to market events observed in March 2020, including extreme price changes, and aims to ensure OCC can manage risks and maintain a stable financial environment in the options market. The Commission granted accelerated approval for these changes to ensure timely implementation and enhanced risk management capabilities.

The New York Stock Exchange LLC (NYSE) has proposed a new rule change to establish guidelines for distributing power to its co-located users, amidst high demand due to market conditions like the COVID-19 pandemic. The proposed procedures aim to manage the increased need for power and ensure a fair distribution among users. Users can currently purchase power through new cabinets or upgrades, but if demand exceeds a certain level, limitations and waitlists will be introduced. These changes are designed to ensure equitable access to power and cabinets for all market participants and to prevent any unfair advantages.

The Securities and Exchange Commission (SEC) has published a notice regarding a proposed rule change by NYSE American LLC. The proposal aims to amend Rule 7.18E, which addresses trading halts, and to make related changes to other rules. This is part of an effort to harmonize exchange rules for halting and resuming trading in U.S.-listed equity securities to reduce confusion and ensure fair market conditions during extraordinary events. The changes are also designed to improve clarity and consistency across multiple markets.

The Securities and Exchange Commission approved a proposed rule change by the Options Clearing Corporation (OCC) to formally document its practices for adjusting margin requirements during periods of high market volatility. OCC uses high-volatility parameter controls to ensure that the margin requirements do not spike unreasonably during volatile times, which helps protect against the possibility of clearing members defaulting on their payments. These adjustments are part of OCC's system for calculating margin requirements, which already includes methods for setting and reviewing both regular and high-volatility parameters, monitoring market conditions, and overseeing the implementation of these controls. The rule change aims to improve clarity and governance without altering OCC's existing practices.