Clearing House Charges Extra for Wild Market Rides
Published Date: 4/28/2025
Notice
Summary
The Fixed Income Clearing Corporation (FICC) is adding a new fee called the Volatility Event Charge to help manage risks during wild market swings. This change affects members who trade U.S. government and mortgage-backed securities and kicks in during big market ups and downs. The SEC gave the green light in April 2025, so members should be ready for this new charge to keep the system safe and steady.
No Economic Impacts Identified for this Document
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