Search Results for keywords:"resource distribution"

Found 2 results

Search Results: keywords:"resource distribution"

💰 Only
Oldest Newest
  • 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.

  • 2021-03719 — Self-Regulatory Organizations; NYSE American LLC; 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 11350
    Reading Time:about 32 minutes

    The SEC is reviewing a proposed rule change by NYSE American LLC to set up new procedures for allocating power to co-located Users at its facilities. Due to increased demand, especially during volatile market periods, the Exchange plans to integrate power allocation rules with existing rules on cabinet allocation. These changes include placing purchasing limits on Users when available power or cabinet supplies fall below certain thresholds, and creating a waitlist system if these supplies are exhausted. The proposal aims to ensure a fair distribution of resources among users and is open for public comments.

    Simple Explanation

    The NYSE American wants to make a new plan for sharing electricity at their buildings where lots of computer users work close together. This is to make sure everyone gets a fair share, especially when lots of people need power all at once.