NSCC Revises Rules for Smoother Trades During System Outages
Published Date: 6/27/2025
Notice
Summary
The National Securities Clearing Corporation (NSCC) wants to change its rules about what happens if their system has a disruption. This affects all participants who rely on NSCC to clear trades, aiming to make the process smoother and clearer during outages. The SEC is reviewing these changes and will decide soon if they approve them, which could impact how quickly and safely trades get processed during system problems.
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Previous: 2025-11877 — Self-Regulatory Organizations; The Options Clearing Corporation; Notice of Filing of Proposed Rule Change by The Options Clearing Corporation Concerning Amendments to OCC's Comprehensive Stress Testing & Clearing Fund Methodology, and Liquidity Risk Management Description (“Methodology Description”) and Clearing Fund Methodology Policy (Together With the Methodology Description, the “Risk Policies”) To Enhance Its Stress Testing Methodology
The Options Clearing Corporation (OCC) is updating how it tests for financial risks and manages its safety fund to better handle tough market situations. These changes affect traders and firms using OCC’s services by making the system stronger and safer. The updates are set to roll out soon, helping protect everyone from big money losses during market stress.
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