OCC Fixes Word Salad in Options Rulebook
Published Date: 7/25/2025
Notice
Summary
The Options Clearing Corporation (OCC) just updated its rules to clearly say that clearing members can adjust their option positions for any reason allowed by exchange rules. This change keeps OCC’s rules in sync with the exchanges and removes a confusing duplicate term. The update took effect immediately on July 15, 2025, making it easier and clearer for members to manage their trades without delay.
No Economic Impacts Identified for this Document
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