Feb. 7, 2024
Hello, my name is Steffen Weigel from Germany and I want the trading market a fairer and more transparent market for retail traders like me. I think this are some issues with the SR-OCC-2024-001 rule: margin requirements are for timeframes of volatility.. Why reduce these margin requirements when they are need to enforce?! This rule makes an unfair advantage and supports clearing members to get „to big to fail“ so financial stability is at risk but there are a lot more, these are examples. To get to the point: Enforce the existing rules and don’t create more rules to make it more intransparent. Fail-to-deliver and reduced margin requirements let big clearing members create idiosyncratic risks, but they should get reduced and eliminated. Best regards Viele Grüße Steffen Weigel — 0162-7111862 steffen-weigel@gmx.de