Market regulation · 21/05/2012
Self-Regulatory Organizations; Fixed Income Clearing Corporation; Order Approving Proposed Rule Change To Expand the One-Pot Cross-Margining Program With New York Portfolio Clearing, LLC to Certain “Market Professionals”
The Fixed Income Clearing Corporation has approved a proposed rule change to expand its One-Pot Cross-Margining Program to include New York Portfolio Clearing, LLC for certain 'market professionals'. This expansion aims to improve market efficiency and reduce costs for eligible participants.